2027 Risk Summer Analyst

AQR Capital Management is a global investment firm focused on systematic investing and rigorous financial research. The Risk Summer Analyst will support the Risk Management team by researching and developing risk methodologies, conducting quantitative investigations, monitoring investment and market risks, and assisting with daily risk processes and projects.

What you'll do:

• Gain exposure to the many types of market and liquidity risks when managing investment strategies and partner with a seasoned risk manager on a series of varied analytics
• Incorporate the outcomes of successful research to develop methodologies for risk management, and improve existing ones
• Provide quantitative support to risk managers, including monitoring of investment risk and market risk measures, across portfolios and asset classes
• Support daily risk processes, including active risk management as well as limits monitoring and related escalation procedures
• Participate in new projects, client development initiatives, and ad-hoc activities

What they're looking for:

• December 2027 or Spring 2028 graduate in a financial and/or quantitative field
• Strong interest in markets and risk management
• Familiarity with financial instruments and risk metrics (including, but not limited to: risk exposures, duration, beta, volatility, option Greeks)
• Prior experience using a high-level programming language (e.g. Python, Matlab, C++) as a research tool
• Committed to intellectual integrity, with a high degree of ethics
• Mature and thoughtful, with the ability to operate within a collaborative, team-oriented culture
• Hard working and eager to learn in a highly intellectual, innovative environment
• Well–organized, detail–oriented; able to multi–task and keep track of various deadlines
• Look beyond the surface level to understand the underlying details

Benefits:

• 10-week summer program
• Quanta Academy Summer Term curriculum
• Over 40 hours of educational, skill-building and networking events
• Daily collaboration and interaction with employees at all levels
• Workshops and classes