2028 Investment Associate Intern

Bridgewater Associates Campus Recruiting•New York, NY

About The Position

Bridgewater Associates, LP is seeking talented individuals for its Investment Associate roles. The company has a 50-year history of pursuing the idea that the world can be understood through cause-and-effect relationships in markets and economies, aiming to generate uncorrelated returns. Their clients are sophisticated institutional investors seeking unique insights to solve complex problems. Generating alpha at scale is challenging, requiring prediction and outperforming others. Bridgewater's investment strategies focus on understanding and navigating macroeconomic shifts in liquid markets. Their approach involves deep fundamental understanding, represented in a System of code and algorithms that ingest data and reflect learned relationships. This systematic approach allows for stress-testing ideas and ensuring positions reflect accumulated knowledge, enabling people to focus on compounding understanding. The company emphasizes human-machine collaboration, with a vision of an artificial investor. Since 2012, Bridgewater has pursued this vision, introducing AIA (Artificial Investment Associate) in 2023, a fully machine-powered investing strategy. Learnings from AIA are transforming human investors' jobs, accelerating the discovery and systemization of new insights, and moving towards an integrated system of human and machine intelligence. Daily, they interrogate systems against independent investor insights and evolve systems to reflect global changes. Success requires brilliant people collaborating intensely, pushing each other to improve without ego or politics, and rapidly elevating top thinkers. The Investment Associate role is core to generating macro and market insights, building investment systems, and overseeing portfolios. They seek individuals who are relentlessly curious, deeply independent thinkers, conceptual and analytical, able to draw insights from diverse backgrounds, and who love collaborating with grit and determination to grow rapidly. This role is not for individuals who prefer to work alone or dislike being pushed to evolve.

Requirements

Relentlessly, obsessively—curious.
Fiercely driven to understand how the world works, uncovering new logical relationships, testing and exploring new data sources, and consistently trying to expand understanding and improve.
Deeply independent—bordering on iconoclastic—thinkers.
Conceptual and analytical.
Excited by both the challenge of understanding abstract concepts and the challenge of translating insights into quantifiable measures in a systematic investment process.
Exceptionally bright, “high horsepower” thinkers.
Able to draw insights from a wide variety of backgrounds (economics, finance, computer science, mathematics, statistics, political science, history, natural science, etc.).
Unusually flexible thinkers.
People who love collaborating.
Have a ton of grit.
Determined to grow rapidly.
Strive to constantly push themselves and each other to be their best and improve every week, to arrive at truth without ego or politics.
Must be willing to be pushed to evolve each day.

Responsibilities

Research the drivers of economies and markets.
Build the insights that underly our investment edge and stay on top of a constantly evolving world.
Develop systematic indicators for trading markets.
Codify insights into algorithms that run daily to process economic data and form market views.
Oversee portfolios and live and breathe the markets.
Independently form views and reconcile them with investment system outputs.
Identify dynamics not captured by systems to drive further evolution.
Drive the future of human and machine investor collaboration.
Act as creative users of technology to drive transformation toward a fully integrated system.
Partner with the world’s most sophisticated institutional investors.
Write the Bridgewater Daily Observations.
Conduct custom research projects.
Build tailored portfolio solutions for large clients.