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2024-05-21

Global Stock Selection Researcher

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AQR Capital Management
Global Stock Selection Researcher
Connecticut, US
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Job Description

**About AQR Capital Management **

AQR is a global investment management firm built at the intersection of financial theory and practical application. We strive to deliver superior, long-term results for our clients by seeking to filter out market noise to identify and isolate what matters most, and by developing ideas that stand up to rigorous testing. Underpinning this philosophy is an unrelenting commitment to excellence in technology — powering our insights and analysis. This unique combination has made us leaders in alternative and traditional strategies since 1998.

AQR takes a systematic, research-driven approach, applying quantitative tools to process fundamental information and manage risk. Our clients include institutional investors, such as pension funds, insurance companies, endowments, foundations and sovereign wealth funds, as well as financial advisors.

Your Role:

  • Perform financial and statistical analysis using financial and alternative data to develop new and improve current return predictive signals.
  • Run statistical analysis on large datasets, analyze economic relationships between variables, and develop prediction models for stocks.
  • Conduct research on various aspects of the implementation of investment strategies including risk model impact, signal transformation construction, and portfolio implementation.
  • Clean, aggregate, and map unstructured datasets, as well as utilize machine learning and other methods to extract financial information.
  • Maintain and improve proprietary research systems to track performance of existing strategic and timing signals and implement new research ideas.
  • Participate in firm-wide high visibility processes as well as using AWS compute and data storage tools for the broader research team.
  • Add features to financial research systems to analyze and implement new capabilities.
  • Conduct portfolio monitoring and performance attribution analyses, as well as maintain processes for cleaning and loading financial research data.
  • Support the design of new financial system features and maintain research systems, including data loading and model checks.
  • Assist members of the team with questions around daily reports and research infrastructure.
  • Mentor interns and junior analysts.
  • Program using Python, SQL, and Excel.
  • Work with databases, AWS compute paradigms, and data storage.

What You’ll Bring:

  • Requires Master’s degree in Finance, Statistics, Mathematics, Computer Science, or a related quantitative field of study, plus one (1) year of experience with applying economic, financial, and accounting concepts in a quantitative environment; working with databases, AWS compute paradigms, and data storage; and applying statistical, econometrics, and machine learning techniques in finance or other contexts; and/or programming using Python, SQL, and Excel.

The salary for this role is $135,000.00-$155,000.00/year. AQR offers generous benefits: 100% paid Medical, Dental and Vision coverage. Some of the perks at AQR include a monthly cell phone reimbursement; a daily lunch allowance for those in the office; free breakfast, snacks and drinks in our kitchens; commuter benefits; and employee referral program.

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

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