Assistant Trader at AQR Capital Management

Vienna, Vienna, Austria

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Investment Management, Global Macro Trading, Financial MarketsIndustries

Requirements

At least 2 years of trading desk experience
Proficient with Excel VBA
Familiarity with Python is a plus but not required
Knowledge in commodity, fixed income, FX and macro markets
Understanding of Order Management and Execution Management Systems
Familiarity with the mechanics and terminology of options, equities, and futures markets
Previous exposure to manually trading many different asset classes on an electronic trading platform
Excellent communication skills, self-starter, quick learner, positive attitude, and team player
Strong analytical skills
Junior to mid-level professional

Responsibilities

Supports senior traders with managing the order flow and executing trades using an electronic trading platform
Maintain and upgrade existing spreadsheets and trading tools
Work closely with operations team, brokers, and prime brokers to assure proper trade allocations and resolve breaks
Monitor the behavior of execution algorithms and collaborate with the senior trader to improve execution quality
Interact with brokers and bank dealing desks on a regular basis
Performs miscellaneous job-related duties as assigned such as ad hoc report generation
Translate qualitative signals into actionable trade orders
Research, monitor, and execute daily trades

Skills

Key technologies and capabilities for this role

VBAelectronic trading platformtrading deskspreadsheetsexecution algorithmstrade allocations

Questions & Answers

Common questions about this position

What is the salary for the Assistant Trader position?

The position offers competitive compensation with a base salary starting at 75,000 EUR annually.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What skills are required for the Assistant Trader role?

Required skills include at least 2 years of trading desk experience, proficiency with Excel VBA, knowledge of commodity, fixed income, FX and macro markets, understanding of Order Management and Execution Management Systems, and strong analytical and communication skills.

What is the company culture like at Massar Capital Management?

Massar prides itself on its dynamic, entrepreneurial culture, with team members possessing strong technical skills, a passion for problem-solving, and intellectual curiosity about financial markets.

What makes a strong candidate for the Assistant Trader position?

A strong candidate is a junior to mid-level professional with previous exposure to manually trading different asset classes, proficient in VBA, excellent communication and collaboration skills, self-starter, quick learner, positive attitude, and team player.

AQR Capital Management

Global investment management firm offering diversified strategies

About AQR Capital Management

AQR Capital Management provides investment management services with a focus on technology, data, and behavioral finance. The firm offers a variety of investment strategies that are based on a consistent set of principles, aiming to achieve long-term and repeatable results. AQR works primarily with institutional investors such as pension funds, insurance companies, and sovereign wealth funds, as well as financial advisors and their clients. Their investment approach combines both qualitative and quantitative methods to carefully design and test investment models. AQR differentiates itself by applying systematic and well-thought-out investment solutions that enhance portfolio construction, risk management, and trading. The company's goal is to deliver value through effective asset management while generating revenue from management and performance fees on the assets they oversee.

Greenwich, ConnecticutHeadquarters

1998Year Founded

VENTURE_UNKNOWNCompany Stage

Quantitative Finance, Financial ServicesIndustries

501-1,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Paid Vacation

Risks

Increased competition from quantitative firms may erode AQR's market share.

The rise of passive strategies like ETFs could impact demand for AQR's services.

Regulatory scrutiny on quantitative trading could increase compliance costs for AQR.

Differentiation

AQR integrates financial theory with practical application for superior investment results.

The firm uses quantitative tools to process fundamental information and manage risk.

AQR's systematic approach aligns with the growing trend of factor investing.

Upsides

AQR can leverage ESG factors in their quantitative models to meet rising demand.

Machine learning advancements enhance AQR's data analysis and predictive modeling capabilities.

AQR can capitalize on personalized investment solutions with their quantitative tools.

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