JOE Listings (Job Openings for Economists)

August 1, 2021 - January 31, 2022

AQR Capital Management

PhD Research Associate

JOE ID Number: 2021-02_111467919
Date Posted: 10/19/2021
Position Title/Short Description
Title: PhD Research Associate
Section: Full-Time Nonacademic
Location: Greenwich, Connecticut, UNITED STATES
JEL Classification: 00 -- 00 - Default: Any Field
Keywords:
Investment Management
Quantitative Research
Full Text of JOE Listing:

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 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
Research Associates focus on our proprietary strategies related to global stock selection, asset allocation, risk management and trading. Candidates should be motivated and enthusiastic about implementing new ideas and hands-on and self-sufficient in conducting all aspects of research projects. The role will involve collaboration with other researchers, portfolio managers, risk managers and traders to develop new and improve current investment strategies. Responsibilities may include, but are not limited to:
•Perform statistical and economic research to develop new and improve current investment strategies
•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
•Participate in the design and development of research infrastructure for the purpose of conducting economic and statistical research

What You’ll Bring
•Ph.D. candidate from top program with degree in scientific or quantitative discipline; Finance, Economics, Operations Research, Applied Math, Statistics preferred
•Demonstrated interest in the financial industry with a strong understanding of global financial markets and economic fundamentals
•Experience conducting empirical research, including the cleaning, structuring, and analyzing of large data sets
•Strong background in econometrics or statistics
•Knowledge of optimization methods
•Coding in Python, R, C++, or Matlab
•Strong analytical and problem-solving skills
•Strong presentation skills and ability to explain involved concepts
•Experience with academic research publication process strongly preferred

Who You Are
•Mature and thoughtful, with the ability to thrive within a collaborative culture
•Committed to intellectual integrity, with a high degree of ethics
•Hard-working and eager to learn in an intellectual, innovative environment
•Well-organized, detail-oriented; able to multi-task and keep track of various deadlines


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

Application Requirements:
  • External Application URL and Instructions Below
  • Letters of Reference Instructions Below
Application deadline: 01/31/2022
Reference Instructions:
Please email to PhDRecruiting@aqr.com
Application Instructions:
Please apply using the link provided or by visiting our AQR Careers website at www.aqr.com/Careers