Managed Futures & Commodities Research Analyst

AQR Capital Management; Greenwich (CT); On-site; USD 225,000 - 245,000; Full time

Benefits offered by this job

Paid time off

Medical/dental/vision insurance

401(k)

Annual discretionary bonus

Other employee benefits

Job summary

AQR Capital Management is seeking a Research Analyst to join its quantitative research team in Greenwich, CT. You will participate in signal research, data analysis, portfolio optimization, and risk management to develop and maintain trading strategies.

Collaboration with researchers and portfolio managers is essential. You will engage in building quantitative investment strategies, perform statistical research on financial data, and contribute to research infrastructure.

Qualifications

• B.S. in a quantitative field (Finance, Economics, Computer Science, Math, Engineering)
• 2–3 years’ work experience at a quantitative finance firm, with exposure to commodities, futures/managed futures (CTA), rates/fixed income, equities, or FX
• Programming skills with Python preferred but not required
• Strong problem solving and quantitative skills
• High degree of intellectual curiosity
• Ability to communicate effectively in both verbal and written form
• Strong GPA and SAT scores

Responsibilities

• Engage in the development of AQR’s proprietary quantitative investment strategies
• Perform statistical and economic research on financial data related to systematic strategies
• Work closely with portfolio managers to assist in the implementation of investment strategies
• Add features to proprietary research system to implement new research ideas
• Participate in the design and development of research infrastructure for the purpose of conducting economic and statistical research

Skills

Python

Problem solving

Communication skills

Quantitative mindset

Team collaboration

Education

B.S. in a quantitative field

Job description

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.

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

The Managed Futures & Commodities team is responsible for the portfolio management and research of AQR’s directional strategies across macro asset classes (equity index, fixed income, currencies, and commodities) as well as AQR’s relative-value commodities strategies. The team’s mandate includes dedicated directional products such as managed futures but also components of AQR’s multi-strategy hedge funds.

Your Role

AQR is looking for an exceptionally talented professional to join our team as a Research Analyst. You will have the opportunity to participate in a variety of integral business functions including signal research, data analysis, portfolio optimization, and risk management. This role will provide the opportunity to gain hands-on experience in quantitative research as well as the opportunity to become familiar with quantitative asset management and the investment philosophy which drives AQR. You will work in collaboration with researchers and portfolio managers in developing and maintaining trading strategies for the firm.

• Engage in the development of AQR’s proprietary quantitative investment strategies
• Perform statistical and economic research on financial data related to systematic strategies
• Work closely with portfolio managers to assist in the implementation of investment strategies
• Add features to proprietary research system to implement new research ideas
• Participate in the design and development of research infrastructure for the purpose of conducting economic and statistical research

What You’ll Bring

• B.S. in a quantitative field (e.g. Finance, Economics, Computer Science, Math, Engineering etc.)
• 2-3 years’ work experience at a quantitative finance firm, with exposure to commodities, futures / managed futures (CTA), rates / fixed income, equities, or FX
• Programming skills with demonstrated experience; Python preferred but not required
• Strong problem solving and quantitative skills
• High degree of intellectual curiosity
• Ability to communicate effectively in both verbal and written form
• Strong GPA and SAT scores

Who You Are

• Mature and thoughtful, with the ability to operate within a collaborative, team-oriented culture
• Committed to intellectual integrity, with a high degree of ethics
• Hard-working and eager to learn in a highly intellectual, innovative environment
• well-organized, detail-oriented, with strong communication skills; able to multi-task and keep track of various deadlines

The salary range for this role is expected to be $225,000 to $245,000. 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.

• paid time off
• medical/dental/vision insurance
• 401(k)
• any other benefits to eligible employees
• annual discretionary bonus

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