Full-Time

Junior Software Engineer-Quantitative Research

Posted on 9/30/2024

AQR Capital Management

AQR Capital Management

501-1,000 employees

Global investment management firm offering diversified strategies

Quantitative Finance
Financial Services

Compensation Overview

$115k - $130kAnnually

+ Bonus

Entry, Junior

Greenwich, CT, USA

Category
Quantitative Research
Quantitative Finance
Software Engineering
Required Skills
Python
Java
AWS
Natural Language Processing (NLP)
Requirements
  • A Bachelors or Masters degree in Computer Science or related field
  • 1-3 years of full-time experience in a software development position
  • Ability and desire to develop in Python (our primary language for the business)
  • Ability and desire to develop in Java
  • Mastery of design patterns and object-oriented programming techniques
  • Strong understanding of best practices for large scale application design, SOA, microservices, distributed compute, containers, and use of the cloud
  • Strong attention to detail, passion for careful testing
  • Excellent communication skills
  • Understanding or experience in finance a plus
Responsibilities
  • Build or extend scalable, AWS-based storage and computing infrastructure
  • Develop a generalized research platform
  • Create a data ingestion and validation engine
  • Construct a model computation and signal generation pipeline
  • Implement a machine learning / Natural Language Processing pipeline
AQR Capital Management

AQR Capital Management

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AQR Capital Management provides investment management services with a focus on technology, data, and behavioral finance. The firm offers a variety of investment strategies that are based on a consistent set of principles, aiming to achieve long-term and repeatable results. AQR works primarily with institutional investors such as pension funds, insurance companies, and sovereign wealth funds, as well as financial advisors and their clients. Their investment models are developed using both qualitative and quantitative methods, allowing for careful design, testing, and refinement. AQR distinguishes itself from competitors by applying systematic approaches to portfolio construction, risk management, and trading, ensuring that their investment solutions are both thoughtful and effective. The company's goal is to provide valuable investment solutions that enhance the performance of their clients' portfolios.

Company Stage

N/A

Total Funding

N/A

Headquarters

Greenwich, Connecticut

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • AQR's ability to raise $350 million for its Adaptive Equity Market Neutral UCITS Fund demonstrates strong investor confidence and potential for growth.
  • The firm's innovative approach to ESG investing, as evidenced by the $350 million raised for long-short ESG bets, positions it well in the growing sustainable investment market.
  • AQR's diversified strategies and robust risk management practices can provide employees with a stable and intellectually stimulating work environment.

What critics are saying

  • The significant loss of $43 billion in assets during the COVID-19 pandemic highlights potential vulnerabilities in AQR's investment strategies.
  • The competitive asset management market requires continuous innovation and adaptation, posing a challenge for AQR to maintain its edge.

What makes AQR Capital Management unique

  • AQR Capital Management leverages a unique blend of technology, data, and behavioral finance to create diversified investment strategies, setting it apart from traditional asset managers.
  • The firm's focus on both qualitative and quantitative tools allows for meticulous design, refinement, and testing of investment models, providing a competitive edge in portfolio construction and risk management.
  • AQR's systematic and thoughtful approach to investment solutions aims to deliver long-term, repeatable results, appealing to institutional investors seeking stability and reliability.

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