Portfolio Implementation Analyst

AQR•Greenwich, CT

2d•$140,000 - $160,000

About The Position

AQR is a global investment firm focused on delivering long-term results through rigorous testing of financial theories and practical application. The Portfolio Implementation team is responsible for constructing, optimizing, and managing AQR’s global asset allocation and stock selection portfolios. This team collaborates with researchers to launch new systematic investment strategies and refine existing ones, using a practical understanding of markets. Analysts on this team manage portfolios across various investment mandates and global markets in a collaborative and intellectually stimulating environment. They oversee all portfolio-level activities and manage the launch of new investment mandates, coordinating with senior portfolio managers, client relationship managers, and other key functional groups. Exceptional candidates will have opportunities to shape key aspects of portfolio/strategy construction and implementation. The role offers exposure to all facets of the portfolio management process for global portfolios and the chance to work with senior investment professionals, gaining familiarity with the financial industry and AQR's investment philosophy.

Requirements

Bachelor’s degree from top academic institution in finance, economics, quantitative or scientific discipline
0-2 years of experience in the financial industry; quantitative environment preferred
Strong technical aptitude with demonstrated experience and knowledge of programming languages (Python, MATLAB, R, or equivalent) and SQL
Strong problem solving and quantitative skills
Excellent communication skills
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; able to multi-task and keep track of various deadlines

Responsibilities

Optimize portfolios based on model views, market frictions, and investment guidelines
Oversee and interpret results of daily portfolio optimizations
Devise trading plan to manage exposures and liquidity for portfolio inflows/redemptions
Analyze portfolio characteristics and attribute performance drivers
Design and enhance portfolio implementation analytics
Collaborate with product teams, business development and client administration to prepare portfolio analyses for clients
Work on projects with senior portfolio managers, researchers, developers, and traders to improve systematic portfolio management practices
Coordinate/participate in design and automation projects for the portfolio management workflow
Implement new portfolios/strategies to enhance client offerings