2027 Risk Summer Analyst

AQR • Greenwich, CT

3h

About The Position

AQR is a global investment firm focused on delivering long-term results by identifying and isolating key factors in financial markets. The firm values academic excellence, intellectual honesty, and collaboration. The 10-week summer internship program provides interns with real work experience, insights from the Quanta Academy Summer Term curriculum, and exposure to systematic investing. Learning is central to the internship, with opportunities for collaboration, workshops, classes, and working on impactful projects. The structured AQR Quanta Academy: Summer Term includes over 40 hours of educational, skill-building, and networking events.

Requirements

• December 2027 or Spring 2028 graduate in a financial and/or quantitative field
• Strong interest in markets and risk management
• Familiarity with financial instruments and risk metrics (including, but not limited to: risk exposures, duration, beta, volatility, option Greeks)
• Prior experience using a high-level programming language (e.g. Python, Matlab, C++) as a research tool
• Committed to intellectual integrity, with a high degree of ethics
• Mature and thoughtful, with the ability to operate within a collaborative, team-oriented culture
• 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
• Look beyond the surface level to understand the underlying details

Responsibilities

• Gain exposure to market and liquidity risks in managing investment strategies and partner with a seasoned risk manager on varied analytics.
• Incorporate research outcomes to develop methodologies for risk management and improve existing ones.
• Provide quantitative support to risk managers, including monitoring investment risk and market risk measures across portfolios and asset classes.
• Support daily risk processes, including active risk management, limits monitoring, and related escalation procedures.
• Participate in new projects, client development initiatives, and ad-hoc activities.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed