Research Associate - Discretionary Macro
About The Position
AQR is looking to hire a Researcher to join in Discretionary Portfolio Management within the Macro and Multi-Strategy Group. The Macro and Multi Strategy group focuses on all aspects of research and portfolio management for a range of the firm’s alternative funds including Managed Futures, Global Macro, Style Premia, Hedge Fund Risk Premia and Absolute Return. The Discretionary Macro team works with the firm’s systematic researchers to jointly manage macro portfolios and the firm’s flagship Global Macro Strategy. The team performs qualitative analysis of macroeconomic fundamentals impacting a broad range of asset classes to implement discretionary trades, model and manage event risk, and identify potential new areas of research.
Requirements
- A Bachelor’s degree from a top university
- 3-5 years of relevant post-undergraduate experience at an investment management or asset management firm, a consulting firm or investment bank
- Familiarity with the structure and behavior of currency, fixed income, equity, and commodity markets
- Familiarity with macroeconomic concepts and data
- High degree of intellectual curiosity
- Proficiency in PowerPoint and Excel required
Nice To Haves
- familiarity with SQL and/or Python a plus
- Hard working and eager to learn in a highly intellectual, collaborative environment
- Well-organized and detail-oriented
- Enthusiastic about developing and implementing ideas
- Self-starter, able to work independently as well as within a team
- Exceptional analytical and problem solving skills
- Strong oral and written communication skills
- Knowledge of finance and the investment management industry
Responsibilities
- Conduct primary analysis of fundamental drivers of macro assets, including changes in monetary policy, fiscal policy, and geopolitical developments
- Develop understanding of the team’s investment philosophy and work towards an eventual ability to contribute to idea generation
- Contribute to Discretionary portfolio implementation processes, including trade sizing, portfolio rebalancing, and instrument selection
- Participate in the preparation of presentation materials related to Discretionary portfolios and the team’s views on the macro environment
- Develop a strong understanding of AQR’s systematic strategies to facilitate collaboration with other research teams
Benefits
- paid time off
- medical/dental/vision insurance
- 401(k)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
