About the role
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.
About Operations
Operations has a diverse set of responsibilities, including settling and recording thousands of transactions per day, identifying, and mitigating all operational risk, and partnering with technology to develop and implement low touch, streamlined processes. The operations department continually seeks ways to improve while actively supporting the development of new business, structures, and markets. The Tax Operations team is a department within Operations focused on the Tax Aware strategies at AQR. The team is responsible for managing our platform providers, account onboarding and client inquiries, vendor oversight and account maintenance and monitoring for our Tax Aware solutions.
The Role
We are looking to hire a full-time Analyst/Associate to join the Tax Operations team. The primary responsibilities of the role include, but are not limited to :
- Onboard and monitor our Flex SMA accounts and ensure that they are reconciled, in good order, and maintain appropriate account balances, settings, and positions
- Create and review all client reports and ensure the accuracy and completeness of client reporting
- Review multiple reports from vendors periodically. This could be related to compliance, account settings, or trading activity
- Perform initial and ongoing data analysis related to transition analysis requests and account onboarding. Ensure account funding aligns with respective product selections and account requirements
- Monitor daily reconciliations and ensure that key account characteristics match to custodian records
- Track and monitor end to end process related to Investment Management Agreements and Transition Analysis to ensure process is progressing
What You’ll Bring
- Undergraduate Degree.
- 1-2 years of experience in a financial services institution
- Excellent analytical and communication skills.
- Highly organized, able to multi-task, and eager to learn.
- High attention to detail.
- Proficient in Excel and Outlook
- Salesforce experience a plus
- Python experience a plus