Managed Futures & Commodities Research Analyst

About AQR Capital Management

AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick - and we’ll ask every question and challenge every assumption. We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.

AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick - and we’ll ask every question and challenge every assumption. We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.

The Managed Futures & Commodities team is responsible for the portfolio management and research of AQR’s directional strategies across macro asset classes (equity index, fixed income, currencies, and commodities) as well as AQR’s relative-value commodities strategies. The team’s mandate includes dedicated directional products such as managed futures but also components of AQR’s multi-strategy hedge funds.

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

• Engage in the development of AQR’s proprietary 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 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

• B.S. in a quantitative field (e.g. Finance, Economics, Computer Science, Math, Engineering etc.)
• 2-3 years’ work experience at a quantitative finance firm, with exposure to commodities, futures / managed futures (CTA), rates / fixed income, equities, or FX
• Programming skills with demonstrated experience;
  Python preferred but not required
• Strong problem solving and quantitative skills
• High degree of intellectual curiosity
• Ability to communicate effectively in both verbal and written form
• Strong GPA and SAT scores

• Mature and thoughtful, with the ability to operate within a collaborative, team-oriented culture
• Committed to intellectual integrity, with a high degree of ethics
• Hard- working and eager to learn in a highly intellectual, innovative environment
• Well- organized, detail- oriented, with strong communication skills; able to multi-task and keep track of various deadlines

The salary range for…