Full-Time

Investment Engineer

Posted on 12/20/2024

Bridgewater Associates

Bridgewater Associates

1,001-5,000 employees

Investment management and economic research firm

Compensation Overview

$225k - $265k/yr

Junior

Company Historically Provides H1B Sponsorship

Westport, CT, USA

Anticipated onsite requirement of four days per week at Westport CT campus.

Category
Quantitative Analysis
Algorithm Development
Quantitative Research
Quantitative Finance
Required Skills
Python
SQL
Scala
Requirements
  • Have 1 - 2 years of professional experience in a relevant engineering field.
  • Have strong analytical and problem-solving skills with the ability to troubleshoot complex issues and develop innovative solutions.
  • Have strong technical abilities, coding experience in Scala, Python, SQL, is preferred but not required.
  • Have excellent verbal and written communication skills and can translate technical concepts to different stakeholders.
  • Are practical and goal oriented so you can quickly interface with the various partners across the firm to perceive and solve problems.
  • Have a desire to use technology and engineering to solve real world business problems.
Responsibilities
  • Design, build and evolve the investment system that manages our portfolios from risk controls through to trade generation.
  • Translate investment goals and understanding into elegant and robust systematic logic.
  • Dive deep into the systems and learn the contents to perceive issues in our logic and translate those problems into business solutions.
  • Visualize different ways to streamline and industrialize our Portfolio Construction through trade delivery process.
  • Own and develop tools to oversee and validate our Portfolio Construction process.
  • Understand and enforce the best engineering standards across the Implementation team.
Bridgewater Associates

Bridgewater Associates

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Bridgewater Associates focuses on understanding global economies and financial markets to manage investment portfolios for institutional clients. Their approach involves radical truth and transparency, encouraging open discussions and critical thinking among employees to improve decision-making and outcomes. They utilize technology to enhance their research and investment strategies, collaborating across teams to create a systematic understanding of market dynamics. Unlike many competitors, Bridgewater emphasizes a culture of meritocracy where ideas are evaluated based on their merit rather than hierarchy. The company's goal is to achieve excellence in investment management while fostering meaningful relationships with clients and within their community.

Company Size

1,001-5,000

Company Stage

Grant

Total Funding

$227.1M

Headquarters

Westport, Connecticut

Founded

1975

Simplify Jobs

Simplify's Take

What believers are saying

  • Bridgewater's expansion into digital assets aligns with Middle East market trends.
  • The strategic relationship with State Street enhances institutional investment capabilities.
  • Joanna Alpert's promotion indicates a focus on innovation and product diversification.

What critics are saying

  • Layoffs suggest potential internal restructuring challenges or financial pressures.
  • Ray Dalio's tariff concerns highlight vulnerabilities in global trade-dependent strategies.
  • Entering new markets with new products involves inherent strategic risks.

What makes Bridgewater Associates unique

  • Bridgewater's radical transparency culture fosters innovation and accountability.
  • The firm has a unique focus on macroeconomic research and global market understanding.
  • Bridgewater's partnership with Global Citizen highlights its commitment to social impact initiatives.

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Benefits

Best-in-class medical insurance and prescription drug coverage, with all premiums fully covered by Bridgewater, for employees and their dependents.

Generous dental and vision insurance offerings.

Concierge patient services for anyone dealing with serious or chronic issues and the capability to find the highest quality doctors in their area.

Telemedicine service with 24/7 availability of medical professionals at no cost to employees.

Confidential and free counseling services with licensed therapists and clinicians provided through our Employee Assistance Program.

Healthcare Advocate advisors to help navigate the healthcare system.

Ability to take time off when employees need it: Our new flexible paid time off policy requires employees to take a minimum of 15 days per year, with no cap. In addition, there are 16 annual company holidays — the standard NYSE schedule plus six additional holidays, yielding several four-day weekends throughout the year.

Unlimited, fully paid sick days for all Bridgewater employees.

Paid and unpaid leave of absence options, including fully paid short-term disability, long-term disability benefits, and bereavement.

Eight weeks of fully paid parental bonding and care-giving time for all new parents with an additional eight weeks of paid medical recovery time for those who give birth.

Optional part-time ramp back program for returning parents as they transition back to work.

State-of-the-art mother’s rooms with equipment and accessories to support breastfeeding mothers.

Resources for parents, including a working parents group, support finding childcare, and support for parents of children with behavioral or developmental special needs.

Support for family planning that includes financial assistance for adoption, surrogacy, and egg/embryonic freezing costs.

30 days of back-up dependent care, with access to a national network of childcare centers, in-home providers, and eldercare resources as well as discounted rates on academic support services.

Pet insurance plans that reimburse eligible veterinary expenses relating to wellness coverage, accidents, illnesses, and injuries.

For employees on Guard or Reserve assignments, Bridgewater ensures full pay for up to a year and continuous benefits coverage for up to two years.

Competitive 401(k) plan that matches up to $15k of employee contributions annually, with immediate eligibility and vesting.

Free and automatic enrollment into Basic Life insurance; supplemental life insurance is available at cost for employees who are looking for additional coverage.

Flexible spending accounts for eligible health and dependent care expenses, which allow employees to set aside pre-tax dollars for eligible medical needs, childcare, or eldercare.

Competitive group rates for life and accident insurance, auto and home insurance, and group legal plans.

Commuter benefit program that allows employees to set aside pre-tax dollars to pay for commuting costs via public transportation.

Remote work flexibility with most employees required to work onsite 2-3 days per week, with flexibility to work offsite on other days.

Free access to on-site gyms and meditation rooms.

Free daily prepared lunch and a variety of on-the-go meals, snack, and beverage options.

Engaged and active community that includes frequent company events (such as our Distinguished Speaker Series), several affinity networks, and nearly 100 employee-led extracurricular groups.

Company News

PYMNTS
Apr 8th, 2025
Business Leaders Voice Concerns About Tariffs

Some business leaders are reportedly voicing concerns about tariffs after seeing the impact the policy has had on the stock market.They are doing so publicly after initially working through trade groups or in meetings with Trump administration officials, The Wall Street Journal (WSJ) reported Tuesday (April 8).The report cited Ken Griffin of hedge fund firm Citadel calling tariffs a “huge policy mistake,” Bahram Akradi of fitness chain Life Time Group Holdings saying that “tariff is not a beautiful word,” and Ray Dalio of hedge fund firm Bridgewater Associates saying he is “very concerned” about the practicalities of tariffs even though he agrees that more manufacturing should be done in the U.S.Some of the first business leaders to speak out were vocal Trump supporters, according to the report. They included hedge fund manager Bill Ackman, who said the tariffs are “destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” and GameStop CEO Ryan Cohen, who said, “I can’t wait for my $10,000 made in the U.S.A. iPhone.”JPMorgan Chase CEO Jamie Dimon said in his annual letter to shareholders, published Monday (April 7), that the tariffs could dampen an economy that was “already weakening” because of their effect on confidence, investments, corporate profits, the U.S. dollar and retaliation by other countries.“The quicker this issue is resolved, the better because some of the negative effects increase cumulatively over time and would be hard to reverse,” Dimon wrote. “In the short run, I see this as one large additional straw on the camel’s back.”The White House issued a press release Monday saying that “everyday Americans, small business owners and industry leaders” support the administration’s trade actions.“President Donald J. Trump is finally doing what politicians have refused to do for decades — fighting back against the one-sided war waged on American workers,” the release said

PR Newswire
Mar 24th, 2025
Energea Announces 12.2% Irr In 2024, Highlights Global Expansion

CHESTER, Conn., March 24, 2025 /PRNewswire/ -- Energea, a renewable energy investment manager with more than $140M deployed across three continents, reported robust growth and strategic milestones in its 2024 Annual Report. This performance reaffirms Energea's position as a premier platform for both retail and institutional investors seeking global renewable energy opportunities

Yahoo Finance
Jan 25th, 2025
Billionaire Ray Dalio Offers Fresh Tips On How To Be A Better Investor

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. If you’re following the hot stocks of the moment — such as the Magnificent Seven — it’s likely been a rush to watch them rise. However, “I think it’s very much like the internet and the dot-com period,” cautioned Bridgewater Associates founder Ray Dalio during a conversation with Yahoo Finance Executive Editor Brian Sozzi for the Opening Bid podcast (see the video above or listen below). The pair sat down to chat at the World Economic Forum in Davos, Switzerland, and Dalio delivered insights ranging from leadership to his personal investing mantras. Dalio has the benefit of five decades of market hindsight. He founded Bridgewater in 1975 and grew the company from a scrappy operation that he ran out of a two-bedroom apartment into a firm that Fortune ranked as the fifth-most-important private company in the US

Patch
Jan 7th, 2025
Westport-Based Bridgewater Associates Lays Off Dozens: Report

WESTPORT, CT - Bridgewater Associates, the Westport-based hedge fund considered to be the world's largest, laid off 7 percent of its workforce on Monday, or about 90 employees, The Business Times reported, based on information from Bloomberg.

Stock Titan
Nov 19th, 2024
State Street Global Advisors Forms Strategic Relationship With Bridgewater Associates

State Street Global Advisors forms strategic relationship with Bridgewater Associates.

INACTIVE