AQR Capital Management is seeking a Researcher to focus on proprietary strategies related to global stock selection, aiming to improve current investment strategies and develop new alpha signals using quantitative analysis and financial data.
Requirements
- Proficient programming in Python required
- Experience with translating mathematical models and algorithms into code
- Ability to manipulate large financial data sets for empirical research and handle complex systems
- Experience with statistical and machine learning software libraries such as scikit-learn, TensorFlow or PyTorch
- Strong quantitative skills with demonstrated understanding of mathematics, probability, statistics and linear algebra
- Nuanced understanding of economic and financial concepts and demonstrated intuition around applying these concepts in a quantitative environment
- Experience working with alternative data preferred
Responsibilities
- Engage in alpha research and other quantitative analysis to improve current investment strategies in collaboration with existing research team
- Perform statistical and economic research using alternative and traditional financial data to develop new alpha signals
- Build alpha-generating signals from scratch, including cleaning and processing large-scale raw data with effective programming tools
- Feature-engineering based on economic and mathematical intuitions
- Building, training and fine-tuning machine learning architectures for cross-sectional or time-series prediction
- Systematically evaluating the effectiveness of the signals
- Add features to proprietary research system to implement new research ideas
Other
- B.S. degree from a top institution in computer science, engineering, mathematics, statistics, operations research, physics or another quantitative discipline. Advanced degrees preferred.
- 1-5 years’ experience working in a data driven research environment with an alpha focus
- Experience in quantitative research at a top asset manager or hedge fund preferred
- Ability to work independently as well as part of a team
- Demonstrated ability to express and articulate ideas and thought processes in both verbal and written form
- EEO/VET/DISABILITY
