Full-Time

Technology Rotational Development Program

Posted on 1/15/2025

Arrowstreet Capital

Arrowstreet Capital

201-500 employees

Global equity investment manager for institutions

No salary listed

Boston, MA, USA

In Person

Category
Software Engineering (1)
Required Skills
Data Science
AWS
Data Analysis
Requirements
  • A bachelor’s degree in computer science, software engineering, computer engineering, information technology, mathematics, data science, or electrical engineering upon graduation in May/June 2025.
  • Demonstrated academic success and achievement.
  • Applied technology experience through prior internships and academic projects.
  • Demonstrated interest in a software engineering career path and programming experience.
  • Ability to thrive in a fast-paced environment.
  • Strong communication, collaboration, and interpersonal skills.
  • Motivation, curiosity, enthusiasm, and passion for technology.
Responsibilities
  • Participate in rotations with various technology teams supporting all aspects of the investment process.
  • Receive role-specific training and exposure to all aspects of software design, development, and deployment.
  • Gain understanding of investment research data processing techniques, data modeling, scalable computing environments, analytics, and high-performance system design using AWS services.
  • Attend introductory sessions led by technology leaders to learn about their teams and technology stacks.
  • Engage in networking events with senior leadership to learn about the firm’s history, culture, and values.

Arrowstreet Capital is a Boston-based investment manager that serves institutional investors by offering global equity investment strategies and fund products. The firm runs long-only, alpha extension, and long/short approaches and uses a wide set of instruments, including swaps and futures. Its investment process relies on quantitative methods to build diversified equity portfolios and to estimate expected return and risk, as well as the costs of trading. Portfolios are created with a mean-variance optimizer and proprietary risk and transaction cost models, with the aim of delivering value relative to each client’s benchmark. Arrowstreet manages about $100 billion for more than 200 client relationships across North America, Europe, and Asia-Pacific.

Company Size

201-500

Company Stage

Private

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1999

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into long/short strategies meets institutional demand for alternative returns.
  • $961M Canadian Natural Resources stake signals energy sector rotation conviction.
  • CalPERS and Oregon pension clients provide stable long-term capital flows.

What critics are saying

  • AI competitors like Two Sigma erode edge via faster signal discovery in 6-12 months.
  • Key personnel defection to D.E. Shaw replicates models in 6-12 months.
  • EU SFDR and SEC rules force derivatives disclosures harming returns in 12-18 months.

What makes Arrowstreet Capital unique

  • Non-linear modeling outperforms peers by avoiding systematic biases in stock selection.
  • Computer-driven system ranks thousands of stocks to 150-200 core holdings.
  • Quantitative process uses proprietary return, risk, and transaction cost models.

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Benefits

Hybrid Work Options

Company News

NewsBreak
Nov 4th, 2024
US Charges Chinese Hedge Fund Executive With Trade Secrets Theft

A top executive at a China-based hedge fund has been indicted in the United States and charged with stealing trade secrets from his former Boston-based employer, quantitative investment firm Arrowstreet Capital.

Defense World
Apr 15th, 2024
Bleakley Financial Group LLC Reduces Stake in Alkermes plc (NASDAQ:ALKS)

Arrowstreet Capital Limited Partnership purchased a new stake in Alkermes in the 1st quarter worth approximately $56,494,000.

MarketBeat
Jan 29th, 2024
Landsea Homes Co. (NASDAQ:LSEA) Short Interest Update

Lazard Asset Management LLC purchased a new stake in Landsea Homes in the first quarter valued at approximately $89,000.

Defense World
Nov 30th, 2023
Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Shares Sold by Bank of New York Mellon Corp

Arrowstreet Capital Limited Partnership acquired a new stake in Consumer Portfolio Services during the first quarter valued at approximately $115,000.

MarketBeat
Oct 5th, 2023
Allspring Global Investments Holdings LLC Reduces Stock Position in Crocs, Inc. (NASDAQ:CROX)

Finally, Fullerton Fund Management Co Ltd. purchased a new stake in Crocs in the fourth quarter worth about $46,029,000.

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