What are the responsibilities and job description for the Data Engineer position at AQR Capital Management?
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 is building a new Data Engineering team within the Enterprise Engineering organization to focus on solving problems working with big data. This team will work directly with researchers and others across the firm to build and manage the infrastructure that loads, validates, and provisions many large data sets used in the research and investment processes.
Your Role:
As a data engineer you will participate in designing and building a new enterprise data platform used by quantitative researchers to manage large volumes of market, reference, and alternative data, both structured and unstructured. You will also build critical tools that will be used across the firm to validate data, back-test and find valuable investment insights. You will be collaborating directly with Researchers and Portfolio Managers to define and implement detailed business requirements for new and existing projects. This critical team will use big data technologies and cloud-based platforms to build an extensible and scalable solution to the data needs of one of the largest quantitative investment firms in the world.
What You’ll Bring:
- 6 Years of relevant work experience
- Bachelors/Masters/PhD in Computer Science, Engineering, or related discipline
- Outstanding coding, debugging, and analytical skills
- Ability to work directly with business stakeholders to spec out and implement solutions
- Experience working in a distributed data environment and working with large data sets
- Knowledge of big data frameworks such as Spark and Hadoop
- An interest in quantitative finance (no finance / trading experience required)
- Familiarity with one of the large cloud providers is a plus but not required
- Experience with Python / NumPy / pandas or similar quantitative stack is a plus
- Familiarity with AI models and/or frameworks is a plus
Who You Are:
- Mature, thoughtful, and a natural fit for our collaborative culture
- Hard-working and eager to learn in a fast-paced, innovative environment
- Committed to intellectual integrity, transparency, and openness
- Motivated by the groundbreaking effects of technology-at-scale
- We believe that the next innovation to transform our business could come from anyone at AQR. Expect to be recognized not only for your diligence and hard work today, but for your vision for tomorrow. We are mathematicians, computer scientists, engineers and artists, passionate about advancing financial research and pushing the limits of today’s technology.
The salary range for this role is expected to be $170,000 to $190,000. 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 comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
AQR is an Equal Opportunity Employer. EEO/VET/DISABILITY
Salary : $170,000 - $190,000
