Research Associate LLC, Greenwich, CT

Junior Researcher

AQR Capital Management is looking for an exceptionally talented professional to join our team. You will have the opportunity to participate in a variety of integral business functions including 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 senior researchers and portfolio managers in developing and maintaining trading strategies.

Responsibilities include:

• Conduct research, data analysis, portfolio optimization, risk management and programming.
• Collaborate with researchers and portfolio managers in developing and maintaining trading strategies.
• Engage in the development of 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 the 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.
• Apply linear algebra and optimization techniques to portfolio construction and signal generation.
• Apply panel and time-series econometrics methods to financial data.
• Apply statistics principles to financial data analysis.
• Programming data analysis in Python or other object-oriented programming language.
• Perform SQL programming for data storage and analysis.
• Perform data visualization, summarization, and analytics in Excel.
• Apply economic and financial concepts involving equity markets (investment valuation, mean-variance analysis, asset pricing models, multi-factor models).
• Telecommuting permitted two days per week.

Requirements:

Requires Bachelor's degree in Finance, Economics, Mathematics, or related field of study. Knowledge or experience in the following must have been gained through academic research and/or coursework: applying linear algebra and optimization techniques to portfolio construction and signal generation; applying panel and time-series econometrics methods to financial data; applying statistics principles to financial data analysis; programming data analysis in Python or other object-oriented programming language;

SQL programming for data storage and analysis; data visualization, summarization, and analytics in Excel; and, applying economic and financial concepts involving equity markets (investment valuation, mean-variance analysis, asset pricing models, multi-factor models).

The salary range is $240,000 - $260,000/year. This job is also eligible for an annual discretionary bonus.

AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY