Quantitative PI Front Office Engineer

About AQR Capital Management

AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We’re determined to know what makes financial markets tick – and we’ll ask every question and challenge every assumption. We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.

The Team

AQR’s Research Engineering team is seeking a strong technical engineer to strengthen our business initiatives in QRD, focused on our Portfolio Implementation group.

The process of turning quantitative insights into actionable investment strategies is a critical component of AQR’s success, and as a Portfolio Implementation Engineer you play a significant role in driving this process. AQR has a sophisticated low touch systematic rebalancing platform that helps us manage all strategies and order generation workflows at AQR. Your work will be crucial in enhancing our proprietary portfolio rebalancing platform, a key differentiator that drives the success of our systematic investment process. Our focus on optimal portfolio construction across our diverse strategies and overall investment platform is incredibly important. QRD is a highly selective, deeply technical team that collaborates with researchers and portfolio managers, while simultaneously exploring new technologies that advance the capabilities of our platform.

Your Role

As a software engineer at AQR, you will build or extend our:

1. Data and services platforms, optimization, orchestration, and validation engines
2. Portfolio Rebalancing and Order Generation Platform and Services
3. Backtesters and related historical simulation tools
4. Scalable, AWS-based storage and computing infrastructure

This role will require you to be in the office 2-3 days per week.

What You’ll Bring

1. 3+ years of significant software engineering experience
2. Must be adept in either Python (our primary language for the business) and/or Java (our primary enterprise application language)
3. Desire and ability to learn whichever language (Python or Java) you may not know
4. Mastery of design patterns and object-oriented programming techniques
5. Strong understanding of best practices for large scale application design, SOA, microservices, distributed compute, containers, and use of the cloud
6. Strong attention to detail, passion for careful testing
7. Excellent communication skills and ability to work with global team members
8. Understanding or experience in (quant) finance a large plus

Who You Are

1. Mature, thoughtful, and collaborative
2. Hard-working and eager to learn
3. Committed to intellectual integrity and transparency
4. Motivated by the transformational effects of technology-at-scale

The salary range for this role is expected to be $145,000 to $165,000. This is the range that we in good faith believe is accurate for this role at the time of this posting. We may ultimately pay more or less than the posted range, depending upon factors such as skills, experience, location, or other business and organizational needs. This wage range may also be modified in the future.

This job is also eligible for an annual discretionary bonus.

We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.

AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY