About AQR Capital Management
AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.
At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick – and we’ll ask every question and challenge every assumption. We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.
Your Role:
- Engage in research and other quantitative analysis to improve current investment strategies in collaboration with existing research team.
- Collaborate with other researchers, portfolio managers, risk managers, and traders to develop new and improve current investment strategies.
- Perform statistical and economic research using financial and alternative data to develop new return predictive signals.
- Run statistical analysis on large datasets, analyze economic relationships between variables, and develop prediction models for stocks.
- Conduct research on various aspects of the implementation of investment strategies including trading cost models, risk models, optimization, and portfolio construction.
- Add features to research system to implement new research ideas.
- Conduct portfolio monitoring and performance attribution analyses, as well as maintain processes for cleaning and loading financial research data.
- Perform quantitative analysis of market data, fundamental data, and other types of alternative and/or unstructured stocks data.
- Derive effective trading signals from data.
- Analyze data and resolve stock selection issues using complex statistical and machine learning models.
- Utilize Python and either Numpy, Pandas, and/or Sklearn.
- Communicate finance and economics concepts using quantitative methods.
- Design programs to generate trading signals.
- Telecommuting Permitted 2 days per week.
What You’ll Bring:
Bachelor’s degree in Finance, Financial Engineering, Operations Research, Information Engineering, or a related quantitative field of study
Four (4) years of experience with quantitative analysis of market data, fundamental data, and other types of alternative and/or unstructured stocks data; deriving effective trading signals from data; analyzing data and resolving stock selection issues using complex statistical and machine learning models; Python; Numpy, Pandas, and/or Sklearn; communicating finance and economics concepts using quantitative methods; and, designing programs to generate trading signals.
The salary range is $160,000 - $180,000/year. AQR offers generous benefits: 100% paid Medical, Dental and Vision coverage. Some of the perks at AQR include a monthly cell phone reimbursement; a daily lunch allowance for those in the office; free breakfast, snacks and drinks in our kitchens; commuter benefits; and employee referral program.
AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY
