AQR Capital Management is seeking a Convertible Arbitrage Trader to identify, analyze, and execute convertible bond strategies to generate consistent, risk-adjusted returns.
Requirements
- Proficiency in convertible securities as a product, financial modeling, quantitative analysis, and statistical tools (e.g., Python, R, MATLAB, VBA)
- Experience working with large data sets and familiarity with data visualization tools
Responsibilities
- Screen and analyze the convertible universe for potential opportunities
- Understand convertible arbitrage pricing models and provide feedback on inputs
- Handle all delta hedges for the convertible bond portfolio
- Improve and automate current execution, data collection and recording processes
Other
- Bachelor’s degree in Finance, Economics, Mathematics, Computer Science, or a related quantitative field is required
- 3 - 4 years of experience in as a Convertible Arbitrage Trader, preferably within a large bank or a large hedge fund / asset manager.
- Credit Trading experience a plus.
- ambitious and enthusiastic about implementing new ideas and possess the ability to work both individually and in a team setting.
- The salary range for this role is expected to be $140,000 - $170,000.
