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.
The Team:
We are seeking an exceptionally talented individual to join our Global Trading Strategies team as a Macro Trader in FX & Fixed Income. Candidates should be ambitious and enthusiastic about implementing new ideas and possess the ability to work both individually and in a team setting.
The trader will be responsible for executing trades in products including, but not limited to: Interest Rate Swaps, Inflation-linked bonds, Currencies, TBAs and Repo. The trader will also work with researchers and portfolio management teams to assist with market & liquidity analysis, navigate market structure changes, and periodically review execution quality & costs. Finally, the trader will work to build and enhance pricing, automation, & analytics tools.
Your Role:
- Execute trades in major Macro markets, ensuring adherence to PM intention as well as our best execution and risk management protocol
- Analyze transaction costs and develop strategies to minimize trading expenses
- Work with large data sets to identify trends, patterns, and opportunities for improvement in trading strategies or technology
- Collaborate with colleagues in Trading & Engineering to optimize trading workflows and enhance operational efficiency
- Utilize coding skills to automate processes and improve data analysis capabilities
- Prepare and present insights to the trading team based on analytical finding
- Stay updated on market trends and economic indicators that may impact trading strategies
What You’ll Bring:
- Bachelor’s degree in Finance, Economics, Mathematics, or a related field
- 2 to 5 years of experience in Macro Trading, specifically in FX or Rates
- Strong analytical skills with a solid understanding of transaction costs and their implications
- Proficiency in coding (Python, R, or similar) and advanced numeracy skills
- Experience working with large data sets and familiarity with data visualization tools
Who You Are:
- Excellent communication skills and the ability to work collaboratively in a fast-paced environment
- Strong attention to detail and a proactive approach to problem-solving
- Resourceful and well-organized with the ability to multi-task and work within tight timeframes
- Strong sense of integrity, consistent with AQR’s values and core principles
The salary range for this role is expected to be $140,000 to $160,000. This is the range that we in good faith believe is accurate for this role at the time of this posting. We may ultimately pay more or less than the posted range, depending upon factors such as skills, experience, location, or other business and organizational needs. This wage range may also be modified in the future.
This job is also eligible for an annual discretionary bonus.
We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY
