AQR Arbitrage- Convertible Bond Strategies Associate

About the position

AQR Arbitrage is an affiliate of AQR Capital Management, LLC that specializes in the research, development, and management of arbitrage and corporate event strategies. AQR Arbitrage was founded in 2001 by Mark Mitchell and Todd Pulvino, who are former professors at the University of Chicago, Northwestern University, and Harvard University. AQR Arbitrage focuses on research and portfolio management while leveraging AQR’s infrastructure for all other investment management functions. AQR Arbitrage is located at AQR’s headquarters in Greenwich, CT for seamless integration. At AQR Arbitrage, 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 the power of collaboration and believe that transparency and openness to new ideas leads to innovation.

Responsibilities

• Supporting the Convertible Bond Strategies head in management of the global portfolio
• Conducting qualitative and quantitative credit research on individual convertible security issuers
• Statistical analysis of both Convertible Arbitrage and Convertible Long-Only strategies
• Construction of new datasets to facilitate strategy research
• Development of portfolio management tools in Python

Requirements

• At least 2 years of full-time experience in financial markets
• Strong problem-solving, quantitative, and programming skills
• Ability to communicate credibly and clearly, both verbally and in writing
• High attention to detail and strong sense of ownership of your work
• Capacity to multi-task and stay on top of various market-imposed deadlines
• Highest level of integrity, empathy, and character

Nice-to-haves

• Experience in the convertible security asset class or corporate credit markets
• Prior experience writing code, especially in Python

Benefits

• Paid time off
• Health insurance
• 401(k)
• Annual discretionary bonus