2027 Quantitative Prediction Markets Research Summer Analyst

AQR Capital Management is a global investment firm focused on systematic investing, alternative strategies, and traditional portfolio management. The Quantitative Prediction Markets Research Summer Analyst will collaborate with researchers and portfolio managers to identify prediction-market trading strategies by acquiring and cleaning data, building models, analyzing backtested strategies, and converting research into trading strategies.

What you'll do:

• Studying financial markets, learning academic theory, analyzing market data, building new (or improving on existing) trading strategies, and/or enhancing portfolio construction
• Work in collaboration with researchers and portfolio managers and to leverage their own quantitative background to seek out reliable prediction markets trading strategies across all types of event contracts, including financial, economic, sports, politics, culture, and crypto
• Research will focus on acquiring and cleaning data, building models, analyzing backtested trading strategies from those models, and transforming that research into trading strategies

What they're looking for:

• December 2027 or Spring 2028 degree candidate (Ph.D., Masters, or Bachelors) from a top program in finance, economics, or a quantitative discipline (Operations Research, Applied Math, Computer Science, Statistics, etc.) with a desire to work in the financial services industry
• Heavy knowledge and experience in AI
• Programming skills
• Familiarity with predictions markets, option and contingent claim pricing, and data science
• Passion for sports, politics, finance analytics
• Strong problem solving and quantitative skills
• Ability to work both individually and in a team setting
• High degree of intellectual curiosity
• Ability to communicate effectively in both verbal and written form
• Well-organized, detail-oriented and able to focus in a dynamic and collaborative environment
• Results oriented
• Python preferred

Benefits:

• 10-week summer program
• Over 40 hours of educational, skill-building and networking events through the AQR Quanta Academy: Summer Term learning series
• Daily collaboration and interaction with employees at all levels
• Workshops and classes
• Hands-on experience in quantitative research
• Opportunity to learn about quantitative asset management and AQR’s investment philosophy