Quantitative Research Associate (AQR Capital Management, LLC, Greenwich, CT)

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 

• Engage in the development of proprietary quantitative investment strategies.
• Perform statistical and economic research on financial data related to systematic strategies.
• Participate in a variety of integral business functions, including research, data analysis, portfolio optimization, and risk management.
• Work closely with portfolio managers to assist in the implementation of investment strategies.
• Add features to proprietary research system to implement new research ideas.
• Participate in the design and development of research infrastructure for the purpose of conducting economic and statistical research.
• Develop and maintain analytical tooling and infrastructure.
• Telecommuting permitted two days per week.

Who You Are 

Requires Bachelor’s degree in Economics, Computational Finance, or a related quantitative field of study plus three (3) years of experience with developing systematic investment strategies focused on futures, currencies and/or swaps; applying advanced statistical modeling techniques, including Bayesian inference, to develop and evaluate quantitative investment strategies; utilizing machine learning algorithms to identify return-forecasting signals, enhance model accuracy, and support systematic strategy design; extracting features from textual data, automating research tasks, and supporting dataset construction; conducting systematic signals research employing time-series and cross-sectional methods, rigorous backtesting, and robust model-validation techniques; translate research models into implementable portfolio-construction and trading workflows; monitoring strategy behavior, exposures, and alignment with research expectations; and, communicating model assumptions, performance patterns, and risk considerations to portfolio managers.

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

The salary range is $240,000.00 - $260,000.00/year.