Global Stock Selection Research - Analyst

$125,000 - $135,000/Yr

Aqr Capital Management - Greenwich, CT

Full-time - Entry Level

Greenwich, CT

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

AQR Capital Management is seeking a talented Researcher to join the Global Stock Selection (GSS) group, which focuses on portfolio management and research related to individual equities and equity-related securities across global liquid markets. The role involves conducting quantitative research to improve investment strategies, collaborating with various teams, and implementing new ideas in a hands-on manner.

Responsibilities

• Engage in research and other quantitative analysis to improve current investment strategies in collaboration with existing research team
• Perform statistical and economic research using financial or alternative data to develop new return predictive signals
• Conduct research on various aspects of the implementation of investment strategies such as trading cost models, risk models, optimization, and portfolio construction
• Add features to proprietary research system to implement new research ideas

Requirements

• B.S. degree from a top institution in economics, finance, computer science, engineering, mathematics, statistics, or another quantitative discipline
• 1-3 years' experience working in a similar quantitative or technical environment, preferably in quantitative research at an asset manager or hedge fund
• Experience using programming skills to manipulate large financial data sets for empirical research, with strong skills in one or more high-level languages, preferably Python
• Strong quantitative skills with demonstrated understanding of mathematics, probability, statistics, and linear algebra
• Strong understanding of economic and financial concepts and demonstrated intuition around applying these concepts in a quantitative environment
• Demonstrated ability to express and articulate ideas and thought processes in both verbal and written form
• Ability to work independently as well as part of a team

Benefits

• Paid time off
• Medical/dental/vision insurance
• 401(k)
• Annual discretionary bonus