Position Overview

The Investment Research Associate Program is a three-year rotational opportunity designed for highly motivated and intellectually curious individuals. Associates will rotate across multiple investment teams at GMO, gaining exposure to both quantitative and fundamental investment approaches across a range of asset classes, including equities, fixed income, alternatives, and asset allocation.

The program is structured to develop future investors by providing hands-on experience and continuous training. Associates work closely with experienced researchers, portfolio managers, and traders, contributing meaningfully to investment research and decision-making.

Each rotation typically lasts six to eight months, though timing and assignments may vary based on team needs, individual skills, and interests. Ongoing research and investment training, along with firmwide initiatives, support integration into GMO's culture and investment philosophy.

The goal is to place associates into full-time roles on investment teams upon completion of the program. In some cases, permanent placement may occur before the three-year period concludes.

Responsibilities:

Examples of the work include:
• Develop and/or redefine investment models and frameworks for understanding the drivers of returns and associated risks across markets
• Complete complex analytical projects
• Interpret company announcements and their investment implications
• Investigating macroeconomic themes and trends
• Communicating and presenting investment ideas to colleagues

Qualifications:
• Completed Bachelor's or Master's degree by June 2027
• Degree in a quantitative or analytical field such as Mathematics, Economics, Financial Engineering, Physics, Computer Science, or a related discipline
• Demonstrated interest in investing through relevant coursework or internship experience
• Strong verbal and written communication skills
• Programming experience in at least one of Python or MATLAB; familiarity with SQL is a plus
• Familiarity with generative AI tools (e.g., MS Copilot, ChatGPT, Claude) and prompt engineering
• Genuine passion for investing and a strong desire to analyze investment opportunities
• Willingness to take initiative, embrace risk, and contribute a differentiated perspective
• Strong analytical and problem-solving skills, with the ability to synthesize information, identify key insights, and draw conclusions
• Proactive and intellectually curious, with the ability to prioritize, multitask, and thrive in a collaborative, team-oriented environment
• Fewer than two years of relevant experience in the investment industry

Application Process

Step 1

1. Submit a Statement of Interest that explains (please keep it to one page):
   • Why do you want to pursue a career as an investor?
   • Please tell us something about yourself that is not on your résumé
2. Include your current résumé
3. Include a copy of your transcript

Step 2

Selected candidates will be asked to complete a phone interview with the manager of the Investment Research Associate program during September/October 2026.

Step 3

Selected candidates will be invited to an in-person or video interview at GMO's Boston office during October/November 2026.

$100,000 - $125,000 a year

This is a reasonable, good faith estimate of the current salary range for this role. GMO's salary range accounts for a wide array of factors that are considered in making compensation decisions including but not limited to skill sets and market demand for skills; level of experience and training; specific qualifications, performance, time in role/company, geographic location, and other business and organizational needs.

In addition, this position is eligible for a discretionary annual bonus award, which award may be determined by individual, team, department and firm performance, and is subject to the terms of GMO's compensation plan. This position is also benefits eligible. GMO's comprehensive benefits program includes medical insurance, dental insurance, life insurance, long-term disability coverage, a 401(k)/profit-sharing retirement plan, open paid time off, leaves of absences, dependent care resources, tuition reimbursement, charitable gifts matching, flexible spending accounts, and commuter benefits.