Portfolio Finance Associate (USW)

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 looking for an exceptionally talented individual to join our Portfolio Finance team which has three primary responsibilities:

• Optimization of financing, clearing, and collateral arrangementsfor the firm across asset classes and investment strategies within internal and external constraints.
• Portfolio management ofcash and cash-equivalent instruments.
• Centralized management of AQR's critical sell-side relationships.

Each of these functions is crucial to the continued success of AQR and provides on-going opportunities to work closely with external counterparties as well as numerous internal stakeholders including Trading, Portfolio Implementation, Business Development, Research, Risk Management, Engineering, Legal, Tax, Compliance, and Operations.

Your Role

• Help manage the firm's global short financing utilization across cash and swap, monitor hard-to-borrows and market trends
• Maintain and enhance financing analytics including replication, reconciliation, and attribution frameworks
• Identify and execute on opportunities to monetize long inventory and yield-enhancing strategies, support technology efforts to manage such trades
• Collaborate with internal and external stakeholders to structure financing and clearing solutions
• Help build, maintain, and enhance critical applicationsandad-hoc tools for the team
• Monitor broker profitability and financial resource metrics amid an evolving regulatory landscape.

What You'll Bring

• Two to four years of experience on a sell-side stock loan and/or equity swap desk.
• An undergraduate degree in a quantitative discipline
• Exceptional communication skills, oral and written
• Strong analytical skills and experience working with large data sets
• Extreme attention to detail
• Self-driven with a hands-on approach for problem solving.
• Ability to multitask in a fast-paced environment.

The salary range for this role is expected to be $145,000 to $175,000. 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