Investment Associate

Seeking deeply curious individuals from all backgrounds to be the next generation of Bridgewater’s investment leaders.

About the Investment Associate program:

Investment Associates are on a mission to understand the fundamental drivers of markets and turn that understanding into quantitative trading strategies and qualitative investment advice for our clients.  There are no typical paths at Bridgewater. We operate as a meritocracy, where you will be assessed on the quality of your ideas and given as much responsibility as you can handle. Some Investment Associates develop into specialized subject matter experts, while others excel as generalists. Many rotate between roles over the course of their careers. All Investment Associates participate in a six-month class where you will receive a world-class education in macroeconomics and learn about Bridgewater’s unique approach to thinking about markets

Investment Associates work across four investment areas, in which you will drive the following responsibilities:

• Research: Expand our understanding of how economies work and distill that understanding into systematic trading strategies. You’ll be wrestling with questions like: How do economic actors behave and what drives their actions? and How can we systematically monitor and predict their actions?
• Trading: Design optimal trading strategies and oversee their implementation. You’ll be wrestling with questions like: How liquid are markets, around the world and across all asset classes? How fast and with which counterparties should we trade?
• Account Management: Translate our market views into optimal portfolios. You’ll be wrestling with questions like: What positions should we hold based on our research views? and How do they interact in a portfolio and how do we deal with uncertainty and risk?
• Client Service: Advise the largest and most sophisticated pools of capital in the world. You’ll be wrestling with questions like: What’s the best way for an underfunded pension fund to meet future liabilities? and How should a >$200B institutional fund structure its portfolio?

Click here to learn more about Bridgewater’s fundamental approach to investing.

In a nutshell, we are looking for people who:

• Can take abstract concepts and turn them into concrete solutions that help us better understand how the world works
• Display a deep curiosity and a drive to understand complex systems, like markets and economies, with the humility to focus more on what is true than on being right.
• Thrive in an intellectually rigorous environment where truthful and transparent communication ensure that the best ideas win out.

Interested in learning more about working at Bridgewater? Hear about the experiences of our employees here.

Bridgewater values people who exhibit different ways of thinking that push the frontiers of our collective understanding; diversity of thought and abilities is critical to our success. Put simply, Bridgewater is looking for people who are good at thinking about challenging problems, not just people who know facts about markets.  Many of Bridgewater’s Investment Associates studied math, philosophy, computer science, and physics, and had no background in markets prior to their experience here. This group includes Rhodes Scholars, Olympians, founders of startups, world-class debaters, and published researchers.  Although they come from a wide range of backgrounds, they all share a common pursuit of understanding many of the world’s most challenging and complex dynamics.

Minimum Qualifications

• 4-year degree from an accredited undergraduate institution

Physical Requirements

For most of our roles, Bridgewater offers remote work flexibility, with most employees required to work on campus as their principal work location, a minimum of two days (and in some cases three days) per week with the option to work offsite on other days.

What does Bridgewater do?

Bridgewater Associates is a premier systematic hedge fund, focused on delivering unique insight and partnership for the most sophisticated global institutional investors. Our investment process is driven by a tireless pursuit to understand how the world’s markets and economies work — using cutting edge technology to validate and execute on timeless and universal investment principles. Powering this engine requires a diverse community of investment professionals, technologists, managers and other specialists. The firm attracts independent thinkers who share a commitment to achieving excellence in their respective lines of work and operating in our unique culture. Bridgewater was founded in 1975 and its principal offices are located in Westport, CT — an hour outside New York City.

Explore more information about Bridgewater on our website here.

Our Culture

Bridgewater’s unique success is the direct result of our unique way of being. We want an idea meritocracy in which meaningful work and meaningful relationships are pursued through radical truth and radical transparency. We require people to be extremely open, air disagreements, test each other’s logic, and view discovering mistakes and weaknesses as a good thing that leads to improvement and innovation. It is by continually striving together for the highest levels of truth and excellence that we create meaningful work and meaningful relationships. Within this culture, Diversity and Inclusion is a top priority because it is essential to finding the best talent in the world, enabling our idea meritocracy, and creating an environment where all types of people can thrive. We have a full-time team as well as affinity networks that work on these issues - If you would like to learn more, please let your Bridgewater recruiter know.

Explore more information about Bridgewater’s culture on our website here.

Why Choose Bridgewater?

It takes all types to make Bridgewater great. We seek a diverse group of innovative thinkers and push them to engage in rigorous and thoughtful inquiry. We develop people through an honest examination of their abilities and performance, enabling personal growth and professional development. We strive to provide you opportunities that will challenge you and unlock your potential.

Compensation Band

• The total compensation band for this role is $225,000 – $250,000.

One of our core priorities at Bridgewater is to enable our employees to build a great life and career, and we believe our benefits are an important extension of that philosophy. As such, currently Bridgewater offers a competitive suite of benefits including:

• Health insurance with 100% premium covered and access to additional concierge medical services
• 401(k) plan with generous employer match
• Paid time off, including fully paid parental leave and a competitive PTO package
• Workplace flexibility and access to back up childcare
• Financial assistance for family building support, including adoption and egg freezing
• Workplace wellness, including on-site gyms, free meals and healthy snacks, and meditation rooms
• An engaged and active community that includes many company events, affinity networks, and extracurricular interest groups
• For a full list of Bridgewater benefits, click here.

Bridgewater reserves the right to change its current benefits program at any time, in a manner that is consistent with applicable federal and state regulations

This job description is not a contract and confers no contractual rights, privileges, or benefits on any applicant or potential applicant. Bridgewater has the right to change any and all terms of this job description, including, but not limited to, job responsibilities, qualifications and benefits. Nothing in this job description constitutes an offer or guarantee of employment. Please note that we do provide immigration sponsorship for this position.

Bridgewater Associates, LP is an Equal Opportunity Employer

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The investment associate full time position requires the candidate is eligible to work in the United States for a minimum of 3 years from the candidate’s start date.  H-1B visa sponsorship and support for post-graduation optional practical training is available only to candidates with a degree in the science, technology, engineering and mathematics (STEM) fields. In addition, the successful candidate must have authorization to work in the United States or be eligible for work authorization sponsorship by Bridgewater Associates to begin working on or before September 1, 2023