Current Open Positions at Arrowstreet Capital

Associate, Portfolio Management

Manager, Operations and Reporting

Associate, Operations and Reporting

Associate, Trade Compliance

Technical Lead

Associate, Applications Development/Database Developer

Associate, Portfolio Management

COMPANY DESCRIPTION:

Arrowstreet Capital, L.P. provides global and international equity investment strategies to institutional investors such as pension plans, endowments, foundations, and sub-advisors. The firm manages: Global and International Equities, Emerging Market Equities, Global Long/Short Equities, Global Small Cap and 130/30 products. Currently, the firm manages over $22.5 Billion and has relationships with over 45 clients located in North America, UK, Europe and Australia. Arrowstreet Capital is an Equal Opportunity Employer. 

JOB DESCRIPTION:

The individual will assist the Portfolio Management team with various facets of the investment management effort. The ideal candidate will be expected to: 1) handle various tasks associated with domestic/international equity and currency trading, 2) monitor daily portfolio activity, 3) work with back office to resolve portfolio accounting issues, 4) assist with portfolio performance attribution, 5) assist in reviewing stock return forecasts, 6) download data for miscellaneous research requests and 7) assist with the further automation of various daily/monthly job responsibilities.

PRINCIPLE DUTIES AND RESPONSIBILITIES:

Trading:

• Help Create foreign exchange tickets for funding equity trades and hedging portfolio exposure.
• Assist with the communication of trade orders to brokers.
• Send trade executions to back office for processing.
• Ensure that brokers & banks have proper settlement instructions.
• Help monitor broker execution performance.
• Research settlement problems and failed trades with brokers and banks.

Monitor Daily Portfolio Activity:

• Assist with the cash flow management of portfolios.
• Monitor currency exposure reports to ensure that portfolios are hedged properly.
• Manage corporate action process to verify that all actions have been processed on a timely and accurate basis.

Work with Back Office:

• Assist in editing and researching portfolio holdings data used in optimizations.
• Review reports and process multiple monthly and quarterly mailings.

Performance Attribution:

• Help maintain performance composites.
• Assist in the preparation of performance attribution reports.

Data Requests:

• Download data from various vendors to be used in multiple areas of the firm.

Automation:

• Assist in prototyping automated solutions to various daily/monthly portfolio management tasks.
• Assist with the software coding of automated solutions.

QUALIFICATIONS:

• Bachelor's Degree with at least 1 year business experience.
• Proficiency with Microsoft Excel and Word necessary.
• Programming experience in VBA, VB, SQL, and Crystal Reports highly preferred.
• Familiarity with Factset and Bloomberg preferred.
• Excellent organizational, analytical, and problem solving skills.
• Ability to work both within a team and independently.
• Ability to work under pressure while meeting numerous deadlines.
• Enrollment in the CFA Institute's CFA program is expected within 6 months of beginning job is expected.
• Candidates must be currently permitted to work indefinitely in the U.S.

If you enjoy a hands-on, fast-paced environment that allows you to become an integral part of our company, then you will find that Arrowstreet will be a richly rewarding experience for you!

Qualified candidates should submit a resume to recruiter@arrowstreetcapital.com . Please include a cover letter detailing your short, medium, and long-term career goals as well as your salary requirements. No telephone calls please.

Manager, Operations and Reporting

COMPANY DESCRIPTION:

Arrowstreet Capital, L.P. provides global and international equity investment strategies to institutional investors such as pension plans, endowments, foundations, and sub-advisors. The firm manages: Global and International Equities, Emerging Market Equities, Global Long/Short Equities, Global Small Cap and 130/30 products. Currently, the firm manages over $22.5 Billion and has relationships with over 45 clients located in North America, UK, Europe and Australia. Arrowstreet Capital is an Equal Opportunity Employer. 

JOB DESCRIPTION:

Job responsibilities include:

1. Manage Arrowstreet Capital’s back office service provider
1. Review and audit daily portfolio valuations
2. Prepare and analyze monthly client reporting packages
3. Monitor all portfolio activity (e.g. Assets, Cash, Accruals, and Equity & FX Trades) within the various long only and long/short international portfolios
2. Oversee and manage relationships with various fund accounting service providers and custodians.
3. Monitor and report on portfolio compliance. 
4. Manage technical developers to implement projects related to reporting automation.
5. Manage a variety of projects as needed including custodian conversions, in kind asset transfers and new fund start-ups.
6. Assist in management requested ad hoc financial reporting and other project work, including projects related to investment activity of the portfolio.

QUALIFICATIONS:

Candidates must be currently permitted to work indefinitely in the United States.

• A Bachelors degree and CPA required with investment advisory/fund accounting/alternative investment experience strongly preferred.
• 8-10 Years of total experience including public accounting and/or direct, hands-on portfolio accounting/custody/operations experience, including familiarity with financial instructions and corporate actions. Working with hedge funds, derivative instruments and/or alternative investments is a plus.
• Strong Microsoft Excel & SQL Server skills preferred.
• The ability to review existing processes/procedures and suggest improvements is strongly encouraged.
• The ideal candidate will be a self-starter who has excellent organizational, time and relationship management and verbal and written communication skills. Works on assignments or funds with minimal supervision.  Follows general procedures.  Maintains a working knowledge of relevant systems.  Acts as a team player/contributor.  Possesses solid written and verbal communication skills.  Informs manager of potential issues on a timely basis.  Meets specific job requirements.

The ability to work both independently and within a team environment is critical to this role.

Drive, energy, enthusiasm, maturity, and confidence are all qualities we are looking for.

Qualified candidates should submit a resume to recruiter@arrowstreetcapital.com . Please include a cover letter detailing your short, medium, and long-term career goals as well as your salary requirements. No telephone calls please.

Associate, Operations and Reporting

COMPANY DESCRIPTION:

Arrowstreet Capital, L.P. provides global and international equity investment strategies to institutional investors such as pension plans, endowments, foundations, and sub-advisors. The firm manages: Global and International Equities, Emerging Market Equities, Global Long/Short Equities, Global Small Cap and 130/30 products. Currently, the firm manages over $22.5 Billion and has relationships with over 45 clients located in North America, UK, Europe and Australia. Arrowstreet Capital is an Equal Opportunity Employer. 

JOB DESCRIPTION:

Job responsibilities include:

• Monitor all portfolio activity (e.g. Assets, Cash, Accruals, and Equity & FX Trades) within the various long only and long/short international portfolios.
• Liaise with outside service providers on the activity and valuation of the investments held within the portfolio on a daily and month-end basis.
• Oversee and manage back-office operations, brokers and custodians and industry professionals.
• Prepare and analyze monthly client reporting packages.
• Review and audit the daily portfolio reports received from Arrowstreet's back office.
• Assist in management requested ad hoc financial reporting and other project work, including projects related to investment activity of the portfolio.
• Monitor and report on portfolio compliance. 

QUALIFICATIONS:

• Candidates must be currently permitted to work indefinitely in the United States.
• A Bachelors degree is a requirement (Accounting or Finance concentration preferred).
• CPA with investment advisory/fund accounting/alternative investment experience strongly preferred.
• 5-6 Years of total experience including public accounting and/or direct, hands-on portfolio accounting/custody/operations experience, including familiarity with financial instructions and corporate actions. Experience working with hedge funds, derivative instruments and/or alternative investment is a plus.
• Strong Microsoft Excel & SQL Server skills preferred.
• The ideal candidate will be a self-starter who has excellent organizational, time and relationship management and verbal and written communication skills; Possess the ability to review existing processes/procedures and suggest improvements; Works on assignments or funds with minimal supervision; Follows general procedures; Maintains a working knowledge of relevant systems; Acts as a team player/contributor; Informs manager of potential issues on a timely basis; Meets specific job requirements.

The ability to work both independently and within a team environment is critical to this role.

Drive, energy, enthusiasm, maturity, and confidence are all qualities we are looking for.

Qualified candidates should submit a resume to recruiter@arrowstreetcapital.com . Please include a cover letter detailing your short, medium, and long-term career goals as well as your salary requirements. No telephone calls please.

Associate, Trade Compliance

COMPANY DESCRIPTION:

Arrowstreet Capital, L.P. provides global and international equity investment strategies to institutional investors such as pension plans, endowments, foundations, and sub-advisors. The firm manages: Global and International Equities, Emerging Market Equities, Global Long/Short Equities, Global Small Cap and 130/30 products. Currently, the firm manages over $22.5 Billion and has relationships with over 45 clients located in North America, UK, Europe and Australia. Arrowstreet Capital is an Equal Opportunity Employer. 

JOB DESCRIPTION:

Job responsibilities include:

• Ensure that all portfolio holdings and expected trades meet compliance guidelines and restrictions as instructed by the client.
• Monitor all portfolio activity, including tying out all corporate actions and trades that are processed in the accounts.
• Oversee and manage back-office trade operations, brokers and custodians and industry professionals.
• Prepare and analyze daily good to sell files from custodians.
• Review and audit the daily portfolio compliance Alerts and Warning reports received from Arrowstreet's order management system.
• Assist in management requested ad hoc financial reporting and other project work, including projects related to investment activity of the portfolio.
• Analyze and scrub all accounting data that is imported into Arrowstreet's trading platform.

QUALIFICATIONS:

Candidates must be currently permitted to work indefinitely in the United States .

• A Bachelors degree is a requirement (Accounting or Finance concentration preferred).
• 5+ Years of direct, hands-on compliance and/or trading operations experience, including familiarity with financial instructions and corporate actions.
• Intermediate to Advanced Microsoft Excel skills required; macro writing skills a plus.
• Knowledge of the Equity and Currency trade markets and how they work is required.
• The ability to review existing processes/procedures and suggest improvements is strongly encouraged.
• The ideal candidate will be a self-starter who has excellent organizational, time and relationship management and verbal and written communication skills. Works on assignments or funds with minimal supervision.  Follows general procedures.  Maintains a working knowledge of relevant systems.  Acts as a team player/contributor.  Possesses solid written and verbal communication skills.  Informs manager of potential issues on a timely basis.  Meets specific job requirements.

The ability to work within a team environment is critical to this role. Drive, energy, enthusiasm, maturity, and confidence are all qualities we are looking for.

Qualified candidates should submit a resume to recruiter@arrowstreetcapital.com . Please include a cover letter detailing your short, medium, and long-term career goals as well as your salary requirements. No telephone calls please.

Technical Lead

COMPANY DESCRIPTION:

Arrowstreet Capital, L.P. provides global and international equity investment strategies to institutional investors such as pension plans, endowments, foundations, and sub-advisors. The firm manages: Global and International Equities, Emerging Market Equities, Global Long/Short Equities, Global Small Cap and 130/30 products. Currently, the firm manages over $22.5 Billion and has relationships with over 45 clients located in North America, UK, Europe and Australia. Arrowstreet Capital is an Equal Opportunity Employer. 

JOB DESCRIPTION:

We are looking for an individual with a strong hands-on technical background as a Software Developer who can lead the development effort for Portfolio Construction software systems. Candidate must be able to set realistic project estimates and then successfully manage the development effort to completion, while staying on time and on budget. Note, this is a hands-on position: the candidate must be able to design; evaluate the designs of others; and go heads down coding along with the team while also managing the project deliverables. The applications involve constructing and monitoring portfolios.

The software technologies include C#, Net 3.5, Composite Application Blocks (CAB), Infragistics controls, WCF, web services, LINQ and SQL Server 2005 Databases. The ideal candidate must have a proven track record of leading software development projects. The position requires an in-depth knowledge and experience with software development in a Microsoft Win-forms, N-Tier and Service Oriented based systems. Financial experience in the investment field specifically dealing with security master, portfolio and restrictions is highly preferred.

Typical duties include:

• Working directly with Business users and Analysts to understand, document and design technical solutions to solve business needs.
• Designing and implementation of new software functionality for the Portfolio Management and Compliance business units.
• Managing development projects; estimating, task assignment, managing to deadlines
• Coordinating activities of up to 8 developers on the project.
• Develop software using C#.net in a win-forms environment and on the services side.
• Development of Database structures including Tables and Stored Procedures in MS SQL Server 2000 and 2005.
• Supporting the production systems to ensure high availability and reliability of the software supporting the Trading process.

QUALIFICATIONS:

• Candidates must live within commuting distance of Arrowstreet ( Boston, MA) and be currently permitted to work indefinitely in the U.S.
• Computer Science, Engineering, or related degree is a requirement.
• 3+ Years as a project lead.
• 8+ years as a Software Developer in a Microsoft Win-forms, Client Server and/or N-tier development environment.
• Development experience development using C#.net and web services.
• Database experience using Microsoft SQL Server (2000 or 2005) including table design and stored procedure development.

• Prior experience in financial services is a strongly preferred.
• Ability to work in an independent, self-directed manner and to perform equally as well as part of a team.
• Drive, energy, enthusiasm, maturity, and confidence.

If you enjoy a hands-on, fast-paced environment that allows you to become an integral part of our company, then you will find that Arrowstreet will be a richly rewarding experience for you!

Qualified candidates should submit a resume to recruiter@arrowstreetcapital.com . Please include a cover letter detailing your short, medium, and long-term career goals as well as your salary requirements. No telephone calls please.

Associate, Application Development/Database Developer

COMPANY DESCRIPTION:

Arrowstreet Capital, L.P. provides global and international equity investment strategies to institutional investors such as pension plans, endowments, foundations, and sub-advisors. The firm manages: Global and International Equities, Emerging Market Equities, Global Long/Short Equities, Global Small Cap and 130/30 products. Currently, the firm manages over $22.5 Billion and has relationships with over 45 clients located in North America, UK, Europe and Australia. Arrowstreet Capital is an Equal Opportunity Employer. 

JOB DESCRIPTION:

This position reports to the Database Architect and involves direct responsibility for the design, maintenance, and support of Arrowstreet's Database Systems. The ideal candidate requires a high level of analytical and creative skills and an in-depth knowledge of database structure, configuration, methodology, design, and maintenance.  Experience with MS SQL Server 2000 and SQL Server 2005 is a must!

Typical duties include :

• Design, model and document database schemas.
• Develop stored procedures, views, functions and triggers.
• Perform analysis, tuning and optimizations of large (terabyte+) databases.
• Work with application developers to design and develop database objects and structures according to project specifications.
• Address data quality issues with users, vendors and management.

QUALIFICATIONS:

Required:

• Candidates must live within commuting distance of Arrowstreet
• Must be currently permitted to work legally in the U.S.  
• 3+ Years of direct, hands-on experience as a Database Programmer.
• Strong Relational Database Modeling Skills.
• T-SQL Programming Experience in SQL Server 2000 and 2005
• Computer Science, Engineering, Math or related degree
• Excellent organizational and communication skills.
• Ability to work in an independent, self-directed manner and to perform equally as well as part of a team.
• Drive, energy, enthusiasm, maturity, and confidence mandatory.

Not Required, but Preferable:

• MCDBA certification
• Knowledge of Business Intelligence applications
• Familiar with Dot Net Programming  (C# or VB.Net)
• Financial Background or Experience
• Data warehousing Experience

Qualified candidates should submit a resume to recruiter@arrowstreetcapital.com . Please include a cover letter detailing your short, medium, and long-term career goals as well as your salary requirements. No telephone calls please.