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Portfolio Finance Vice President

AQR
AQR Salary
Greenwich, CT Full Time
POSTED ON 2/9/2025
AVAILABLE BEFORE 5/8/2025

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 the following primary responsibilities :

  • Optimize financing, clearing, and collateral arrangements across asset classes, investment strategies, fund-types, and counterparties
  • Structure bespoke financing and clearing solutions to meet portfolio management needs.
  • Manage cash and cash-equivalent holdings
  • Centralize sell-side relationship and wallet management

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

Your Role

  • Become the subject matter expert for all margin-related responsibilities on the team
  • Effectively communicate with internal stakeholders regarding margin and cash usage
  • Negotiate tactical and strategic margin agreements with prime brokers, clearing brokers, and derivatives counterparties
  • Build, maintain, and enhance margin analytics capabilities including replication, reconciliation, and attribution frameworks using internal / external technology solutions
  • What You'll Bring

  • Minimum five years of experience on a sell-side equity prime brokerage risk team or a buy-side treasury / portfolio finance team working with equity PB margin methodologies
  • In-depth knowledge of equity PB margin methodologies across asset classes including relevant regulatory margin considerations
  • Significant experience negotiating equity prime brokerage margin methodologies
  • Holistic understanding of the role that margin plays in the equity PB business
  • Experience working with listed futures and cleared / bilateral derivatives margin
  • Exceptional communication skills, oral and written
  • Strong analytical skills and 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 $135,000 to $150,000. 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

    Salary : $135,000 - $150,000

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