Global Stock Selection Research - Analyst​/Associate

Requisition : P60655

About AQR Capital Management Founded in 1998, AQR is a global systematic investment management firm. As quantitative investors, research is the foundation of everything we do. We manage a range of alternative and long-only strategies designed to meet the needs of institutional and wealth investors around the world.

AQR’s culture reflects the firm’s academic roots and entrepreneurial spirit. Our collaborative environment fuels innovation and encourages employees to ask thoughtful questions, think creatively and bring new ideas forward. Continuous learning is an important part of the employee experience, helping our people build skills and grow throughout their careers. Employees at every level have opportunities to contribute, regardless of title or tenure.

The firm has 800 employees with headquarters in Greenwich, Connecticut and offices in London, Frankfurt, Dubai, Hong Kong, Sydney and Bengaluru.

About The Team The Global Stock Selection (GSS) group is responsible for the portfolio management and research of AQR's strategies relating to individual equities and equity related securities across all global liquid markets. GSS models are applied to market-neutral long/short portfolios in AQR hedge funds as well as to long-only, relaxed-constraint and low volatility portfolios for institutional equity mandates and mutual funds.

Your RoleAQR Capital Management is seeking a talented Researcher to join our team of professionals and focus on our proprietary strategies related to global stock selection. Candidates should be motivated and enthusiastic about implementing new ideas and are expected to be hands-on and self-sufficient in conducting all aspects of research projects. Researchers manage all aspects of the research process including data ingestion and processing, analysis, methodology selection, implementation, testing and performance evaluation.

The role will involve collaboration with other researchers, portfolio managers, risk managers and traders to develop new and improve current investment strategies. Your responsibilities may include, but are not limited to:

Engage in alpha research and other quantitative analysis to improve current investment strategies in collaboration with existing research team Perform statistical and economic research using traditional financial and alternative data to develop new alpha signals. Successful researchers manage, in collaboration with supervising portfolio manager, all aspects of the research process including data ingestion and processing, data analysis, methodology selection, implementation and testing, prototyping, and performance evaluation.

Engage in building, training and fine-tuning machine learning architectures for cross-sectional or time-series Learn how to use the appropriate model for the problem struct economically nuanced features from raw data and adjust or develop new frameworks to evaluate their effectiveness. Engage with most recent academic and practitioner literature in the field.

Occasionally, conduct research on various aspects of the implementation of investment strategies such as trading cost models, risk models, optimization, and portfolio construction

Add features to proprietary research system to implement new research ideas

What You’ll Bring B.S. degree from a top institution in computer science, engineering, mathematics, statistics, operations research, physics or another quantitative discipline. Academic or practitioner experience in machine learning methodologies preferred2-5 years’ experience working in a data driven research environment with an alpha focus

Experience in quantitative research at a top asset manager or hedge fund preferred

Proficient programming in Python required

Experience with trans…