AQR

Portfolio Management Operations - Analyst / Associate

AQR$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, economics, or accounting
  • 1-3+ years of experience in the financial industry
  • Experience in a trading floor environment with knowledge of multiple asset classes
  • Solid understanding of middle and back office operations and processes
  • Technical experience preferred, including moderate SQL and database knowledge, with additional skills in Python or AI seen as beneficial
  • Detail-oriented with strong verbal and written communication skills
  • Ability to work independently and as part of a high-pressure team

Responsibilities

  • Oversee P&L systems and maintain data accuracy
  • Conduct NAV reconciliation and prepare P&L reports
  • Manage reference data efficiently
  • Review and suggest foreign currency balance repatriation trades
  • Work with various financial products, focusing on equity and FX, and understand OTC derivatives
  • Respond to ad hoc requests from internal and external stakeholders including PMs and compliance teams
  • Coordinate with AQR operations support teams in India and the Philippines

Benefits

  • Paid time off
  • Medical, dental, and vision insurance
  • 401(k) plan
  • Eligibility for an annual discretionary bonus
  • Comprehensive benefits package for eligible employees
Full Job Description
Your Role:

AQR is looking for an exceptionally talented individual to join our Middle Office Operations team. In addition to daily support, the candidate will work on enhancing processes or implementing new ones to streamline and reduce support work around trades over time. The individual will work across the organization. The candidate should be able to run multiple projects in parallel, understand stakeholder needs and effectively prioritize projects and tasks while ensuring that we achieve our long-term strategic goals. The primary responsibilities of the role include, but are not limited to:
  • P&L system oversight & data maintenance
  • NAV reconciliation and P&L reporting
  • Reference data management
  • Review foreign currency balances and suggest FX repatriation trades
  • Work with a wide array of financial products, with focus on equity and FX, and knowledge of OTC derivative products such as IRS, CDS, synthetic futures etc.
  • Respond to ad hoc requests from internal and external interested parties, such as PMs, compliance, finance, brokers, custodians, and administrators.
  • Coordinate with AQR Operations support teams in India and the Philippines.
  • Coordinate with engineering to spec and test system enhancements for new mandates, structures, or regulations.

What You'll Bring:
  • Bachelor's degree finance, economics, and accounting
  • 1-3+ years experience in the financial industry
  • Experience in a trading floor environment, with knowledge of multiple asset classes
  • Solid understanding of middle and back office operations and processes
  • Must understand market structure and liquidity
  • Technical experience preferred including moderate SQL and database structures knowledge, and any additional technical or programming experience (Python, AI experience, etc.) is beneficial
  • Well-organized, detail oriented and strong verbal and written communication skills
  • Hard-working and eager to learn in a highly intellectual, collaborative environment
  • Ability to work independently as well as part of a team under pressure in a fast-paced and dynamic environment

Who You Are:
  • Well-organized, detail-oriented; able to multi-task and keep track of various deadlines in a fast-paced, high demand team
  • Mature and thoughtful, with the ability to operate in a collaborative, team-oriented culture
  • Hard-working and eager to learn in a highly intellectual, innovative environment


The salary range for this role is expected to be $80,000 to $95,000. 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.

About AQR

AQR Capital Management is a global investment management firm that specializes in quantitative strategies. The firm was founded in 1998 by a group of former Goldman Sachs executives, including Clifford Asness, David Kabiller, and John Liew. AQR's investment approach is based on rigorous research and data analysis, and the firm offers a range of investment products, including mutual funds, hedge funds, and separately managed accounts. AQR is known for its innovative investment strategies, including its pioneering work in the field of factor investing. Today, the firm manages over $186 billion in assets for institutional investors and high-net-worth individuals around the world.
Learn more about AQR
Size
1,200 employees
Industry

Similar Jobs

More Jobs at AQR

More Finance & Insurance Jobs

Find similar Portfolio Management Operations - Analyst / Associate jobs: