Portfolio Implementation Analyst – Stock Selection
About The Position
AQR Capital Management is a global investment firm focused on delivering long-term results by identifying key market factors and developing rigorously tested ideas. Since 1998, AQR has become a leader in alternative strategies and an innovator in traditional portfolio management. The firm values academic excellence, intellectual honesty, and a commitment to seeking the truth. Employees are encouraged to ask questions, challenge assumptions, and collaborate openly. The Portfolio Implementation team is responsible for constructing, optimizing, and managing AQR’s global asset allocation and stock selection portfolios. This team collaborates with various firm groups to launch new systematic investment strategies and refine existing ones, applying practical market knowledge to portfolio management decisions. The team shares responsibility for investment and risk management with researchers in a collaborative and intellectually stimulating environment.
Requirements
- Master’s or bachelor’s degree in a quantitative field
- 0-2 years of quantitative or engineering experience
- Strong technical aptitude with demonstrated experience and knowledge of programming languages (Python, MATLAB, R, or equivalent)
- Exceptional problem solving and quantitative skills (Calculus, Linear Algebra, Statistics)
- Excellent communication skills
- Commitment to intellectual integrity, self-drive, maturity, and ability to collaborate
- Detail-orientation, ability to multi-task
Responsibilities
- Optimize portfolios based on model views, market frictions, and investment guidelines.
- Advance the firm’s portfolio construction and optimization frameworks through rigorous quantitative research and innovative methodological improvements.
- Partner with researchers to implement, refine, and enhance systematic investment signals, ensuring seamless integration of new models into live portfolios.
- Leverage advanced data analysis to interpret large, complex datasets and uncover insights into portfolio performance, risk exposures, and structural dynamics.
- Analyze market structure and liquidity to model and control trading costs, enhancing execution efficiency across asset classes.
- Optimize financing and clearing strategies while managing cash and collateral portfolios to enhance capital efficiency and overall portfolio returns.
Benefits
- paid time off
- medical/dental/vision insurance
- 401(k)
- annual discretionary bonus
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
