Risk Research Vice President
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.
AQR takes a systematic, research-driven approach, applying quantitative tools to process fundamental information and manage risk. Our clients include institutional investors, such as pension funds, insurance companies, endowments, foundations and sovereign wealth funds, as well as financial advisors.
About The Team
AQR’s Risk Management team has direct responsibility for monitoring and managing market, credit, liquidity, model and funding risk exposures of firm-managed investments, providing reports and other tools to the Principals, portfolio managers and traders, setting and managing limits and approving all new or changed strategies, models and accounts. Firm Risk Management works with the Risk Committee to oversee the design and production of risk reports, and to analyze risk issues and partners with other departments to encourage best practices in risk management. The department has direct authority to order position reductions and trade hedges, and it manages the cash investments for all accounts. The team is responsible for model validation, stress testing, scenario analysis and contingency planning.
Our team is looking for an exceptionally talented Risk Research Vice President. As part of the overall Risk team, the successful candidate will be required to research and develop risk methodologies, conduct quantitative investigations and provide ongoing support to risk managers.
- Design, develop and execute quantitative research on AQR’s investment management process from a risk management perspective both independently, and with the guidance of risk managers
- Use the outcomes of successful research to develop methodologies for risk management, and improve existing ones
- Take ownership of risk methodologies and manage their development and ongoing maintenance acting as the go – to subject matter expert
- Provide quantitative support to risk managers, including monitoring of investment risk and market risk measures, across all portfolios and asset classes