AQR

Research Analyst - Discretionary Macro

AQR$150K — $175K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1-3 years relevant experience
  • Bachelor's in Finance, Economics, Computer Science, Math, Engineering, etc.
  • Proficient in Python, Bloomberg Terminal, Excel, Pandas, SQL; AWS, Linux, Flask familiarity a plus
  • Strong problem-solving and quantitative capabilities
  • High intellectual curiosity
  • Effective verbal and written communication skills
  • Organized and detail-oriented

Responsibilities

  • Conduct qualitative analysis of macroeconomic fundamentals
  • Implement discretionary trades based on research
  • Model and manage event risk
  • Identify potential new areas of research
  • Collaborate with systematic researchers on macro portfolios
  • Support the firm’s flagship Global Macro Strategy
  • Engage in portfolio management for various alternative funds

Benefits

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

AQR is looking to hire a Research Analyst to join Discretionary Portfolio Management within the Macro and Multi-Strategy Group. The Macro and Multi Strategy group focuses on all aspects of research and portfolio management for a range of the firm's alternative funds including Managed Futures, Global Macro, Style Premia, Hedge Fund Risk Premia and Absolute Return. The Discretionary Macro team works with the firm's systematic researchers to jointly manage macro portfolios and the firm's flagship Global Macro Strategy. The team performs qualitative analysis of macroeconomic fundamentals impacting a broad range of asset classes to implement discretionary trades, model and manage event risk, and identify potential new areas of research.

What You'll Bring
  • 1-3 years relevant experience
  • Bachelors in a quantitative field (e.g. Finance, Economics, Computer Science, Math, Engineering, etc.) with a desire to work in the financial services industry
  • Skills required: Python, Bloomberg Terminal, Excel, Pandas, SQL. Nice to have: familiarity with AWS, Linux, Flask
  • Strong problem solving and quantitative skills
  • High degree of intellectual curiosity
  • Ability to communicate effectively in both verbal and written form
  • Well-organized, detail-oriented and able to focus in a dynamic and collaborative environment
  • Results oriented

Who You Are
  • Hard working and eager to learn in a highly intellectual, collaborative environment
  • Well-organized and detail-oriented
  • Enthusiastic about developing and implementing ideas
  • Self-starter, able to work independently as well as within a team
  • Exceptional analytical and problem solving skills
  • Strong oral and written communication skills
  • Knowledge of finance and the investment management industry


The salary range for this role is expected to be $150,000 to $175,000. 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

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