Investment Engineer, Trading Analytics

Investment Engineer, Trading Analytics

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 on 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.

Our culture is anchored in excellence—meaning constant improvement—and it is deeply tied to our mission. Because markets are objective, competitive, and getting smarter everyday—we need to keep rapidly improving to have any chance of beating them. Truth is our most essential tool for engaging with the markets and constantly improving. Because once you know what's true about your problems and opportunities, you can determine how to get better. Valuing truth means being transparent about your decision-making and mistakes, giving and receiving feedback with humility, and fighting for the best answers over hierarchy, ego, or self-interest. Operating this way is hard—it's only possible because we build meaning in our work and relationships. The meaning comes from the audacity of the mission, and the joy of working alongside people who make you a better version of yourself. The culture, like Bridgewater itself, is always evolving. In 1997 our founder Ray Dalio wrote down his lessons, starting with a Philosophy Statement which remains our foundation. This later evolved into a set of 300+ Principles. In 2022, when Ray transitioned the company, we re-underwrote several of those principles and evolved others, with a specific focus on Meritocracy. Today the culture sits, alongside our people, as our most important edge. When we get it right, it's the engine that powers everything else.

The core mission of the Trading Analytics group is to minimize the overall transaction costs of implementing our alpha portfolios in order to maximize returns for clients. We endeavor to do this by deeply understanding the drivers of market liquidity and cost and designing intelligent execution strategies to minimize those costs.

Our core values: Honesty, transparency, directness, personal accountability, driven by doing what's right for the organization. Holding a very high bar for each other, everything we do, and everything we build. Actively engaging in shaping our environment and how we do things. You create the culture again every day you come into the office - it must be highly dynamic and owned by all of us. Autonomy and self-motivation: we are here to enable and develop (not manage) great people who share our way of being and passion for working on important problems that have big impact.

As an Investment Engineer on the Trading Analytics team, you will spend your time designing, building and evolving the data and investment logic that manages trade execution across all of our investment portfolios. The Investment Engineer will be directly embedded with the investors who sit on the Trading Analytics team and will gain a key understanding of our transaction costs and Bridgewater's trade execution strategies.

In this role you will drive the following responsibilities:

• Build and evolve foundational trading data sets that can be used to power our execution logic.
• Directly build and evolve the logic and oversight of the investment systems that drive our trade execution.
• Translate investment goals and understanding into elegant and robust systematic logic.
• Dive deep into the systems and learn the contents to perceive issues in our logic and translate those problems into business solutions.
• Own and develop tools to oversee and validate our transaction costs.
• Understand and enforce the best engineering standards across the team.

You will be a click for the role if you:

• Have 1 - 2 years of professional experience in a relevant engineering field.
• Have strong analytical and problem-solving skills with the ability to troubleshoot complex issues and develop innovative solutions.
• Have strong technical abilities, coding experience in Scala, Python, SQL, is preferred but not required.
• Have excellent verbal and written communication skills and can translate technical concepts to different stakeholders.
• Are practical and goal oriented so you can quickly interface with the various partners across the firm to perceive and solve problems.
• Have a desire to use technology and engineering to solve real world business problems.

In this role, you will grow with us by:

• Undergoing a training program of structured classes and on-the-job apprenticeship.
• Taking ownership of increasingly complex systems and processes.
• Taking on oversight and mentorship responsibilities to grow talent as you gain experience.
• Opportunities to grow your career across Bridgewater depending on your strengths, weaknesses, and experience.

The anticipated onsite requirement for this role is four days per week at our New York City campus.

The wage range for this role is $225,000 – 265,000 inclusive of base salary and discretionary target bonus. The expected base salary for this role is between 60% - 75% of this wage range.

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. 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.

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.