What are the responsibilities and job description for the Investment Engineer position at Bridgewater Associates?
About Bridgewater
Bridgewater Associates is a premier asset management firm, 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 timeless and universal investment principles.
Founded in 1975, we are a community of independent thinkers who share a commitment for excellence. By fostering a culture of openness, transparency, and inclusion, we strive to unlock the most complex questions in investment strategy, management, and corporate culture.
Explore more information about Bridgewater on our website here.
Our Culture
Our culture is tied to our mission, which is to understand how the world's markets and economies work, and to translate that into world-class investment performance. This requires an extraordinary team, defined by the best individuals and the best portfolio of people, operating in an idea meritocracy. In this, we are uncompromising on our shared values of excellence, truth, integrity, humility, and courage. Our aspiration of a vibrant idea meritocracy requires diversity of thought – this comes from diversity of background, identity, experience, and so much more. We pursue inclusion because it's how we unlock the power of that diversity and make sure the best ideas get heard. To sustain this way of being through lots of years and lots of circumstances, we invest in meaningful work and meaningful relationships – the purpose and joy that comes from tackling something challenging and worthy, alongside people who make us better versions of ourselves.
About the Alpha Engine
Our core mission as an organization is to understand the fundamental drivers of markets and turn that understanding into high-quality portfolios and investment advice for our clients. We do this in three critical ways: by being fundamental, systematic, and diversified. We seek to understand the economy in a fundamental way, uncovering the timeless and universal cause-and-effect linkages that drive global markets. That understanding is implemented systematically and converted into explicit rules that can be rigorously stress-tested. Finally, we create highly diversified portfolios that are not dependent on any one source of return and can survive a wide range of economic environments.
About Your Role
Our Investment Engineers (IEs) are a core part of our investment team, owning our automated investment systems. They build & continuously evolve our models and algorithms, enable thorough research and testing of new trading ideas, and set the vision for the technology roadmap to enable maximum productivity. Our Investment Engineers are:
What is the opportunity for new full-time hires?
The anticipated onsite requirement for this role is four days per week at our New York City campus.
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:
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.
The Investment Engineer full time position requires the candidate to be eligible to work in the United States for a minimum of 3 years from the candidate's start date. If visa sponsorship is required for any part of the three years, the successful candidate must demonstrate continuous, or eligibility to renew, work authorization in the United States for at least three years after the date of hire, without being subject to selection through a lottery process.
Bridgewater Associates, LP is an Equal Opportunity Employer
Bridgewater Associates is a premier asset management firm, 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 timeless and universal investment principles.
Founded in 1975, we are a community of independent thinkers who share a commitment for excellence. By fostering a culture of openness, transparency, and inclusion, we strive to unlock the most complex questions in investment strategy, management, and corporate culture.
Explore more information about Bridgewater on our website here.
Our Culture
Our culture is tied to our mission, which is to understand how the world's markets and economies work, and to translate that into world-class investment performance. This requires an extraordinary team, defined by the best individuals and the best portfolio of people, operating in an idea meritocracy. In this, we are uncompromising on our shared values of excellence, truth, integrity, humility, and courage. Our aspiration of a vibrant idea meritocracy requires diversity of thought – this comes from diversity of background, identity, experience, and so much more. We pursue inclusion because it's how we unlock the power of that diversity and make sure the best ideas get heard. To sustain this way of being through lots of years and lots of circumstances, we invest in meaningful work and meaningful relationships – the purpose and joy that comes from tackling something challenging and worthy, alongside people who make us better versions of ourselves.
About the Alpha Engine
Our core mission as an organization is to understand the fundamental drivers of markets and turn that understanding into high-quality portfolios and investment advice for our clients. We do this in three critical ways: by being fundamental, systematic, and diversified. We seek to understand the economy in a fundamental way, uncovering the timeless and universal cause-and-effect linkages that drive global markets. That understanding is implemented systematically and converted into explicit rules that can be rigorously stress-tested. Finally, we create highly diversified portfolios that are not dependent on any one source of return and can survive a wide range of economic environments.
About Your Role
Our Investment Engineers (IEs) are a core part of our investment team, owning our automated investment systems. They build & continuously evolve our models and algorithms, enable thorough research and testing of new trading ideas, and set the vision for the technology roadmap to enable maximum productivity. Our Investment Engineers are:
- Relentlessly, obsessively- curious: At Bridgwater, we are relentlessly generating new ideas on how to beat the markets. We need individuals who are excited about tackling abstract new investment ideas and quickly translating them into quantifiable measures to test their promise.
- Analytically rigorous: As an Investment Engineer, you will be faced with challenging investment and technical problems. You will need to be both creative and analytically rigorous to turn investment theses into fully equipped trading signals.
- Able to design and build large-scale systems: We need people who are passionate about building and designing systems that are easy to understand and evolve. Our ideas are constantly changing as the world is changing; we need systems that speed us up, not slow us down.
- Deeply independent and skeptical thinker: Investment Engineers are experts in their investment domain and can hold the whole model of the investment system in their head. As an Investment Engineer, you are constantly scrutinizing our outputs and signals, evaluating the performance of our existing systems, and improving our investment logic.
What is the opportunity for new full-time hires?
- We are looking for people who learn quickly and can start owning investment systems within their first year, and eventually own larger investment systems in the next 2-4 years.
- In your first year, you will spend 3 months full time in our core investor training program and then have about half your time focused on advanced investment engineering training for another 4 months. This experience is more about just enabling you to do entry level work on your team, it gives you a window into what higher level work looks like across our firm.
- You will be mentored by Engineers who deeply understand and are invested in your work, your interests, and who will help you stretch into different areas of professional growth
- You will work directly on an investment team, ultimately reporting up to the head of that investment team who is responsible for the P&L of their investment systems.
- Minimum of 6 months of professional experience building systems, ideally related to investing
- Passion and knack for building data models and algorithmic systems that solve complex investment problems
- Deep interest in markets, finance, and investing – enjoy thinking about how you would invest your own money and want to follow and understand what is going on in the world
- Deep interest in technology – aware of the state of the art methods of doing things, constantly thinking about how to incorporate those to improve how you and others do work
- Excellent communication skills and strong interpersonal skills
- Desire to work with the best people in a highly entrepreneurial and collaborative environment
The anticipated onsite requirement for this role is four days per week at our New York City campus.
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 wage range for this position is $225,000 – $300,000 inclusive of base salary and discretionary target bonus. The expected base salary for this role is between 55-75% of this wage range.
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.
The Investment Engineer full time position requires the candidate to be eligible to work in the United States for a minimum of 3 years from the candidate's start date. If visa sponsorship is required for any part of the three years, the successful candidate must demonstrate continuous, or eligibility to renew, work authorization in the United States for at least three years after the date of hire, without being subject to selection through a lottery process.
Bridgewater Associates, LP is an Equal Opportunity Employer
Salary : $225,000 - $300,000
