Bridgewater Associates LP

Bridgewater Associates LP

Investment Associate

New York City · Full-time

Work authorization required$225k-$450kDetected 33 days ago
AlgorithmsMachine LearningStatisticsForecastingResearchCollaborationProblem Solving

About the role

  • For 50 years, Bridgewater has pursued one idea: the world can be understood.
  • Markets and economies follow cause-and-effect relationships-and by understanding them, we think we can beat the markets and generate true uncorrelated returns ("alpha") at significant scale.
  • Our clients include some of the world's most sophisticated institutional investors who turn to us to use our unique insights to solve their biggest problems.

Responsibilities

  • Architect, own, and evolve the systems behind our investment edge.
  • You will build, own, and interrogate these systems: developing and probing our most sophisticated investment logic, identifying where it breaks, and devising new analytical approaches to push it forward.
  • With the launch of AIA, we're entering a fundamentally new era in how humans and machines collaborate to invest.
  • We need people who can connect emerging technologies to our highest-priority investment questions and devise practical solutions that change how we research, build systems, and learn.
  • You'll form independent market views and use that tension between human judgment and system output to drive continuous improvement.
  • Build the insights that underlie our investment edge by tackling some of the hardest analytical problems in macro-problems that demand exceptional rigor, creative use of a wide range of quantitative methods, and the ability to go from an abstract question to a concrete, testable answer.
  • Our investment strategies seek to understand and navigate macroeconomic shifts that drive the world's most liquid markets (bonds, currencies, equities, commodities, credit).
  • Our approach is to start by digging deep to develop a fundamental cause-effect understanding of the economic and financial relationships that drive markets.

Requirements

  • You are ambitious, self-directed, and undeterred by ambiguity.
  • You can abstract up from the mechanics to see the deeper structure of a problem-and apply that understanding to situations you've never encountered before.
  • You are fiercely driven to understand how the world works, uncovering new logical relationships, testing and exploring new data sources, and consistently expanding your understanding.
  • A strong foundation in a quantitative or technical discipline-computer science, machine learning, mathematics, statistics, physics, engineering, or a related field
  • A few years of professional experience building systems, models, or quantitative tools-whether in technology, finance, research, or another demanding environment
  • A problem-solving orientation: analytically rigorous and detail-oriented, but able to flexibly learn new methods to get from concept to execution
  • Compensation
  • The total compensation range across these roles is $225,000-$450,000 inclusive of base salary and discretionary target bonus. The expected base salary is typically 50%-75% of the relevant range, depending on team, level, and experience.
  • One of our core priorities at Bridgewater is to enable our employees to build a great life and career, and we believe our benefits are an important extension of that philosophy. As such, currently Bridgewater offers a competitive suite of benefits. Explore more information about Bridgewater's benefits on our website here.
  • Bridgewater reserves the right to change its current benefits program at any time, in a manner that is consistent with applicable federal and state regulations.
  • This job description is not a contract and confers no contractual rights, privileges, or benefits on any applicant or potential applicant. Bridgewater has the right to change any and all terms of this job description, including, but not limited to, job responsibilities, qualifications and benefits. Nothing in this job description constitutes an offer or guarantee of employment.
  • The Investment Associate full time position requires the candidate to be eligible to work in the United States for a minimum of 3 years from the candidate's start date. If visa sponsorship is required for any part of the three years, the successful candidate must demonstrate continuous, or eligibility to renew, work authorization in the United States for at least three years after the date of hire, without being subject to selection through a lottery process.
  • Bridgewater Associates, LP is an Equal Opportunity Employer

Skills

  • The hardest problems here don't yield to off-the-shelf methods.
  • Invent new ways of investing.
  • Oversee portfolios and live and breathe the markets.
  • Genuine intellectual passion for understanding how economies and markets work-not just modeling them, but understanding the causal mechanics
  • Fluency in at least one programming language commonly used in quantitative research or systems development

Compensation

  • The total compensation range across these roles is $225,000-$450,000 inclusive of base salary and discretionary target bonus.
  • The expected base salary is typically 50%-75% of the relevant range, depending on team, level, and experience.
  • Nothing in this job description constitutes an offer or guarantee of employment.
  • The Investment Associate full time position requires the candidate to be eligible to work in the United States for a minimum of 3 years from the candidate's start date.
  • If visa sponsorship is required for any part of the three years, the successful candidate must demonstrate continuous, or eligibility to renew, work authorization in the United States for at least three years after the date of hire, without being subject to selection through a lottery process.

Benefits

  • Since 2012, Bridgewater has aggressively pursued the vision of the artificial investor that can do everything a human can, with computers not just representing the insights but also generating the insights themselves.

Visa & Work Authorization

  • If visa sponsorship is required for any part of the three years, the successful candidate must demonstrate continuous, or eligibility to renew, work authorization in the United States for at least three years after the date of hire, without

This listing is sourced directly from Bridgewater Associates LP's careers page and normalized into a canonical job model.