About AQR Capital Management

AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

 At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick – and we’ll ask every question and challenge every assumption.  We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.

Your Role:

• Enhance sophisticated low touch systematic rebalancing platform that helps the company manage all investment strategies and order generation workflows.
• Build or extend data and services platforms, optimization, and orchestration and validation engines; portfolio rebalancing and order generation platform and services; back-testers and related historical simulation tools; and, scalable AWS-based storage and computing infrastructure.
• Collaborate directly with researchers and portfolio managers to translate quantitative models into scalable engineering solutions. 
• Enhance system reliability and performance through rigorous testing, monitoring, and continuous integration practices.
• Contribute to the evolution of trading infrastructure by integrating new data sources and optimizing execution workflows; and, participate in architectural decisions and code reviews to ensure high standards of software quality and maintainability.
• Telecommuting permitted two days per week.

What You’ll Bring: 

• Requires Bachelor’s degree in Computer Science, Financial Engineering, Operations Research, or a related quantitative field of study plus three (3) years of experience in the job offered or a related role.  Must have three (3) years of experience with object-oriented programming languages including Java and Python; designing and translating solutions into high-quality code; Mathematical Optimization techniques, objective function, and constraint setups; developing and designing cloud-based distributed micro-services; and, building quantitative finance applications utilizing knowledge of equity and macro asset classes.

The salary range is $131,186.00-$185,000.00/year.

AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY.

About AQR Capital Management

AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick – and we’ll ask every question and challenge every assumption.  We recognize and respect the power of collaboration, and believe transparency and openness to new ideas leads to innovation.

About The Team 

The Global Stock Selection (GSS) group is responsible for the portfolio management and research of AQR's strategies relating to individual equities and equity related securities across all global liquid markets. The team is tasked with building all the firm’s alpha models used in equity products.

Your Role  

AQR is seeking a talented Researcher to report to the co-Head of Global Stock Selection and collaborate closely on key projects and new initiatives. Candidates should be motivated and enthusiastic about implementing new ideas and are expected to be hands-on and self-sufficient in conducting all aspects of research projects. Researchers manage all aspects of the research process including data ingestion and processing, analysis, methodology selection, implementation, testing and performance evaluation. This role will involve collaboration with other researchers, portfolio managers, risk managers and traders to develop new and improve current investment strategies. Your responsibilities may include, but are not limited to:

• Perform statistical and economic research using alternative and traditional financial data to develop new alpha signals. Successful researchers manage, in collaboration with supervising portfolio manager, all aspects of the research process including data ingestion and processing, data analysis, methodology selection, implementation and testing, prototyping, and performance evaluation.
• Build alpha-generating signals from scratch, including cleaning and processing large-scale raw data with effective programming tools, feature-engineering based on economic and mathematical intuitions, building, training and fine-tuning machine learning architectures for cross-sectional or time-series prediction, and systematically evaluating the effectiveness of the signals. Engage with most recent academic and practitioner literature in the field.
• Conduct research on various aspects of the implementation of investment strategies such as trading cost models, risk models, optimization, and portfolio construction
• Add features to proprietary research system to implement new research ideas

What You’ll Bring

• B.S. degree from a top institution in computer science, engineering, mathematics, statistics, operations research, physics or another quantitative discipline. Advanced degrees preferred.
• 7+ years’ experience working in a data driven research environment with an alpha focus
• Experience in quantitative research at a top asset manager or hedge fund preferred
• Proficiency in Python required
• Ability to manipulate large financial data sets for empirical research and handle complex systems.
• Strong quantitative skills with demonstrated understanding of mathematics, probability and data science.
• Experience with technical/market data based alpha sources at medium and long forecast horizons preferred
• Ability to work independently as well as part of a team
• Demonstrated ability to express and articulate ideas and thought processes in both verbal and written form

AQR is an Equal Opportunity Employer.  EEO/VET/DISABILITY

The salary range for this role is expected to be $255,000 to $275,000.  This is the range that we in good faith believe is accurate for this role at the time of this posting.  We may ultimately pay more or less than the posted range, depending upon factors such as skills, experience, location, or other business and organizational needs.  This wage range may also be modified in the future.

This job is also eligible for an annual discretionary bonus.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

About AQR Capital Management

AQR is a global investment management firm built at the intersection of financial theory and practical application. We strive to deliver superior, long-term results for our clients by looking past market noise to identify and isolate what matters most, and by developing ideas that stand up to rigorous testing. Our focus on practical insights and analysis has made us leaders in alternative and traditional strategies since 1998.

At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick – and we’ll ask every question and challenge every assumption. We recognize and respect the power of collaboration, and we believe transparency and openness to new ideas leads to innovation.

Your Role:

AQR Capital Management is looking for an exceptionally talented individual to join our Quantitative Research team focused on Prediction Markets. This team will focus on building quantitative models to trade around professional sports.

• Conduct rigorous statistical and economic research using alternative and traditional data sources to develop new alpha signals
• Own the end-to-end research process in close collaboration with the supervising Portfolio Manager, including data ingestion and processing, exploratory analysis, methodology selection, implementation and testing, prototyping, and performance evaluation
• Enhance and extend AQR’s proprietary research platform to support and implement new research ideas

What You’ll Bring:

• B.S. degree or advanced degree from a top institution in data science, computer science, mathematics, statistics, operations research or another quantitative discipline.
• 6+ years of experience working in a data driven research environment with a focus on model development and forecasting
• Strong coding and data analytics skills
• Awareness or experience in trading prediction markets is a plus
• Familiarity with the basic rules of major sports (MLB, NBA, NFL, NHL + more) and associated analytics, experience working in sports data professionally is a plus

The salary range for this role is expected to be $235,000 to $260,000.  This is the range that we in good faith believe is accurate for this role at the time of this posting.  We may ultimately pay more or less than the posted range, depending upon factors such as skills, experience, location, or other business and organizational needs.  This wage range may also be modified in the future.

This job is also eligible for an annual discretionary bonus.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY

About AQR Capital Management

AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

 At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick – and we’ll ask every question and challenge every assumption.  We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.

About The Team

The Macro Strategies team is responsible for the research and portfolio management of AQR’s entire range of strategies which focus on macro asset classes. These strategies include Managed Futures, Alternative Trends, Global Macro, Risk Parity, Commodities and Multi-Strategy portfolios, among several others.

Product specialist teams play a key role bridging AQR’s portfolio management and research process to other functional areas, particularly business development. They are an integral part of initiatives to create, market and manage specific AQR products. Product specialist teams are integral to processes related to new product research and development, creating content for new and customized internal and external presentations, new account onboarding, portfolio implementation monitoring, performance analysis, and interactions with existing clients and prospects. Product specialists serve as portfolio management team representatives in interactions with the rest of the firm including portfolio implementation, trading, business development, legal, compliance, risk, operations and marketing teams. Through this collaboration, product specialist teams have in-depth knowledge of the strategies they cover and are expected to be in-house experts of their respective products.

Your Role

We are seeking an exceptionally talented individual to join AQR’s macro strategies product specialist team. This role will give end-to-end exposure to the portfolio management process and continued evolution of AQR’s macro strategies and will include opportunities to work with senior investment professionals across the firm. Responsibilities include:

Client communication:

• Prepare client-ready written responses to investment questions spanning a variety of topics: e.g., investment philosophy, investment process, performance, performance drivers, portfolio characteristics, etc.
• Create and help improve presentations, review materials and collateral for pitching new business
• Help organize and run analyses for RFPs

Investment monitoring and analysis:

• Analyze portfolio performance using existing tools, and contribute to the development of new monitoring tools
• Conduct custom portfolio analysis to address questions from clients or senior investment professionals
• Present portfolio analysis results to product and portfolio teams

Business monitoring:

• Help analyze business metrics and evaluate strategic priorities
• Help produce internal presentations

Sample projects:

• Analyze how and why specific components of the portfolio (markets, signals, themes) contributed to overall performance
• Potential opportunity to contribute to presentations and white papers on a broad spectrum of topics (e.g. specific products, quant concepts, market environment )

What You’ll Bring

• Bachelor’s degree in a business or quantitative discipline
• 0-3 years of relevant investment management experience
• Superior analytical ability with a deep understanding of investment; experience with quantitative strategies preferred
• Proficiency in Excel, PowerPoint and basic programming skills (Python and SQL) required
• Ability to communicate and position complex strategies effectively to a broad range of investors both verbally and in writing
• Entrepreneurial spirit with a demonstrated work ethic, competitiveness and tenacity required to achieve top performance

Who You Are

• Well-organized, detail-oriented; able to multi-task and keep track of various deadlines in a fast- paced, high demand environment
• Mature and thoughtful, with the ability to operate in a collaborative, team-oriented culture
• Creative, resourceful, and driven - an intelligent risk taker and someone who does not grow complacent with success
• Hard-working and eager to learn in a highly intellectual, innovative environment
• Highest level of integrity, empathy and character

AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY

The salary range for this role is expected to be $150,000 to $160,000.  This is the range that we in good faith believe is accurate for this role at the time of this posting.  We may ultimately pay more or less than the posted range, depending upon factors such as skills, experience, location, or other business and organizational needs.  This wage range may also be modified in the future.

This job is also eligible for an annual discretionary bonus.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

About AQR Capital Management

AQR is a global investment management firm built at the intersection of financial theory and practical application. We strive to deliver superior, long-term results for our clients by seeking to filter out market noise to identify and isolate what matters most, and by developing ideas that stand up to rigorous testing. Underpinning this philosophy is an unrelenting commitment to excellence in technology — powering our insights and analysis. This unique combination has made us leaders in alternative and traditional strategies since 1998.
AQR takes a systematic, research-driven approach, applying quantitative tools to process fundamental information and manage risk. Our clients include institutional investors, such as pension funds, insurance companies, endowments, foundations, single family offices and sovereign wealth funds, as well as financial advisors.

About the Team

The Specialized Investments Group focuses on situations where laws and regulations have meaningful effects on trading decisions, portfolio design and the choice of investment vehicles. The team oversees the design, implementation and day-to-day portfolio management of tax aware funds and accounts.
The product specialist function is responsible for commercializing the innovations of AQR’s research team, as well as for developing the High Net Worth and Family Office distribution channels. AQR’s tax aware product portfolio consists of a growing number of tax efficient alternative and traditional investment strategies and of bespoke client solutions that utilize these strategies.
Product specialists play a key role in AQR’s portfolio management, product development, and enhancement and are involved in many stages of the investment process including new business presentations, new account onboarding, portfolio implementation, performance monitoring and analysis, and portfolio review meetings with clients. Product specialists interact closely with the rest of the firm including research, portfolio management, trading, business development, legal, compliance, risk and marketing. Through this collaboration, product specialists have in-depth knowledge of the strategies they cover and are expected to be in-house experts on their respective products. They are an integral part of initiatives to create, manage, and sell AQR products.

Your Role

AQR Capital seeks to recruit a junior level product specialist to focus on the firm’s Tax Aware product line and Tax Aware solutions. In this role the junior member of the team will partner with senior specialists on producing and sharing customized materials and analytics for internal stakeholders and external clients based on a deep understanding of AQR’s Tax Aware product offerings and capabilities. This professional will work in close collaboration with AQR’s research, portfolio management and business development teams to ensure proper representation of AQR’s Tax Aware products and a high level of client service to investors. AQR teams operate with the highest degree of mutual respect and collaboration. This position is a highly valued position within the firm and of critical importance to AQR’s ongoing growth and success.

Responsibilities include:

1. Using existing infrastructure (backtesters, reporting infrastructure, etc.) to support the team’s partnership with business development and clients on providing solutions to client-specific situations
   o Generate summary data for pitch books used by business development in client meetings and conferences
   o Design solutions for specific private wealth clients, including transition from appreciated portfolios, diversification of concentrated risks, optimal asset allocation given client-specific investment goals
   o Produce custom portfolio analysis to support both internal and external requests
2. Maintain and improve on existing infrastructure, often in collaboration with other teams, to maximize efficiency and accuracy of data delivery and to increase data gathering and storage functionality
   o Use knowledge of the underlying strategies to anticipate code maintenance that may be required as strategies evolve over time (new asset classes, new sub-strategies, etc)
   o Identifying weaknesses in existing processes and trends in demands to propose and then implement improvements to existing code or processes used for data management and delivery

What You’ll Bring

• Excellent academic credentials in a quantitative or technical discipline
• At least 2 years of relevant post-undergraduate experience at an investment management, asset management, or consulting firm
• Understanding and application of investment concepts including portfolio theory
• Demonstrated experience working with intricate data sets to distill, analyze, and present information based on audience and business objectives
• A client-first mentality with a high attention to detail and strong sense of ownership
• Ability to apply practical intuition and common sense in conducting complex data analysis
• Strong technical aptitude with proficiency in Excel and PowerPoint, programming skills in Python, and knowledge of SQL, knowledge of XML is a plus
• Ability to communicate with maturity, credibility, and clarity both verbally and in writing
• Demonstrated work ethic, competitiveness and tenacity required to achieve top performance

Who You Are

• Well-organized, detail-oriented; able to multi-task and keep track of various deadlines in a fast-paced, high demand environment
• Confidence to work independently, and engage directly with our US-based business to refine requirements and escalate issues when needed
• Mature and thoughtful, with the ability to operate in a collaborative, team-oriented culture
• Highest level of integrity, empathy and character
• Creative, resourceful, and driven - an intelligent risk taker and someone who does not grow complacent with success
• Hard-working and eager to learn in a highly intellectual, innovative environment

About AQR Capital Management

AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

 At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick – and we’ll ask every question and challenge every assumption. We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.

About The Team

The Global Stock Selection (GSS) group is responsible for the portfolio management and research of AQR's strategies relating to individual equities and equity related securities across all global liquid markets. GSS models are applied to market-neutral long/short portfolios in AQR hedge funds as well as to long-only and relaxed-constraint portfolios for institutional equity mandates, tax-aware mandates and mutual funds.

Within GSS, the Product Specialist team is central to communication with and support of our existing and prospective investors, and often serves as the external face of equity portfolio management. The team educates investors and prospects on our strategies through written answers to client questions, new business presentations, and review discussions of existing investments. Additionally, the team is involved in different stages of the investment process, including product development, performance monitoring and analysis. The team interacts closely with the rest of the firm including, most notably, business development, research, and portfolio implementation, as well as trading, legal, compliance, risk and marketing. Through this collaboration, product specialists have in-depth knowledge of the strategies they cover and are expected to be in-house experts of their respective products. They are an integral part of initiatives to create, manage, and sell AQR products.

Your Role

We are seeking an exceptionally talented individual to join GSS’s product specialist team. This role will give end-to-end exposure to the portfolio management process and continued evolution of AQR’s equity products and will include opportunities to work with senior investment professionals across the firm. Responsibilities include:

• Client communication:
  • Prepare client-ready written responses to investment questions spanning a variety of topics: e.g., investment philosophy, investment process, performance, performance drivers, portfolio characteristics, etc.
  • Create and help improve presentations, review materials and collateral for pitching new business
  • Help organize and run analyses for RFPs

• Investment monitoring and analysis:
  • Analyze portfolio performance using existing tools, and contribute to the development of new monitoring tools
  • Conduct custom portfolio analysis to address questions from clients or senior investment professionals
  • Present portfolio analysis results to product and portfolio teams

• Sample projects:
  • Analyze how and why specific investment themes, or industries or country exposures contributed to overall performance
  • Create pro-forma portfolios and assess their alpha contribution after controlling for standard factors such as value, size and momentum
  • Potential opportunity to contribute to presentations and white papers on a broad spectrum of topics (e.g. specific products, quant concepts, market environment etc.)

What You’ll Bring                           

• Bachelor’s degree in a business or quantitative discipline
• 1-3 years of investment management experience, ideally related to equity and equity linked products.
• Superior analytical ability with a deep understanding of investment, particularly equity strategies; experience with quantitative strategies preferred.
• Programming skills (Python and SQL) or a willingness to learn programming is essential
• Proficiency in Excel and PowerPoint is required
• Ability to communicate and position complex strategies effectively to a broad range of investors both verbally and in writing.
• Entrepreneurial spirit with a demonstrated work ethic, competitiveness and tenacity required to achieve top performance.

Who You Are

• Well-organized, detail-oriented; able to multi-task and keep track of various deadlines in a fast- paced, high demand environment
• Mature and thoughtful, with the ability to operate in a collaborative, team-oriented culture
• Creative, resourceful, and driven - an intelligent risk taker and someone who does not grow complacent with success
• Hard-working and eager to learn in a highly intellectual, innovative environment
• Highest level of integrity, empathy and character

The salary range for this role is expected to be $150,000 to $160,000. This is the range that we in good faith believe is accurate for this role at the time of this posting. We may ultimately pay more or less than the posted range, depending upon factors such as skills, experience, location, or other business and organizational needs. This wage range may also be modified in the future.

This job is also eligible for an annual discretionary bonus.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY

About AQR Capital Management

 AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick – and we’ll ask every question and challenge every assumption. We recognize and respect the power of collaboration, and believe transparency and openness to new ideas leads to innovation.

About The Team

The Global Stock Selection (GSS) group is responsible for the portfolio management and research of AQR's strategies relating to individual equities and equity related securities across all global liquid markets. GSS models are applied to market-neutral long/short portfolios in AQR hedge funds as well as to long-only, relaxed-constraint and low volatility portfolios for institutional equity mandates and mutual funds.

Your Role

AQR Capital Management is seeking a talented Researcher to join our team of professionals and focus on our proprietary strategies related to global stock selection. Candidates should be motivated and enthusiastic about implementing new ideas and are expected to be hands-on and self-sufficient in conducting all aspects of research projects. Researchers manage all aspects of the research process including data ingestion and processing, analysis, methodology selection, implementation, testing and performance evaluation. The role will involve collaboration with other researchers, portfolio managers, risk managers and traders to develop new and improve current investment strategies. Your responsibilities may include, but are not limited to:

• Engage in alpha research and other quantitative analysis to improve current investment strategies in collaboration with existing research team
• Perform statistical and economic research using traditional financial and alternative data to develop new alpha signals. Successful researchers manage, in collaboration with supervising portfolio manager, all aspects of the research process including data ingestion and processing, data analysis, methodology selection, implementation and testing, prototyping, and performance evaluation.
• Engage in building, training and fine-tuning machine learning architectures for cross-sectional or time-series Learn how to use the appropriate model for the problem at hand. Construct economically nuanced features from raw data and adjust or develop new frameworks to evaluate their effectiveness. Engage with most recent academic and practitioner literature in the field.
• Occasionally, conduct research on various aspects of the implementation of investment strategies such as trading cost models, risk models, optimization, and portfolio construction
• Add features to proprietary research system to implement new research ideas

What You’ll Bring

• B.S. degree from a top institution in computer science, engineering, mathematics, statistics, operations research, physics or another quantitative discipline. Academic or practitioner experience in machine learning methodologies preferred
• 2-5 years’ experience working in a data driven research environment with an alpha focus
• Experience in quantitative research at a top asset manager or hedge fund preferred
• Proficient programming in Python required
• Experience with translating mathematical models and algorithms into code
• Ability to manipulate large financial data sets for empirical research and handle complex
• Experience with machine learning software libraries such as scikit-learn, TensorFlow or PyTorch
• Experience with natural language processing technology, including LLMs and prompt engineering is a plus
• Strong quantitative skills with demonstrated understanding of mathematics, probability, statistics and linear algebra
• Nuanced understanding of economic and financial concepts and demonstrated intuition around applying these concepts in a quantitative environment
• Ability to work independently as well as part of a team
• Demonstrated ability to express and articulate ideas and thought processes in both verbal and written form

AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY

The salary range for this role is expected to be $165,000 to $200,000.  This is the range that we in good faith believe is accurate for this role at the time of this posting.  We may ultimately pay more or less than the posted range, depending upon factors such as skills, experience, location, or other business and organizational needs.  This wage range may also be modified in the future.

This job is also eligible for an annual discretionary bonus.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.