Business Development Associate – U.S. Institutional

Business Development Associate – U.S. Institutional  

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.

The Team

AQR is looking for an exceptionally talented Associate to join the US Institutional team within the Business Development group. The successful candidate will work alongside senior members of the team to build upon AQR’s presence, with a focus on developing new and maintaining existing relationships with institutional clients in the United States.

Your Role

• Focus on a broad range of activities including identifying and developing new business and strengthening relationships with existing clients both independently and in support of senior relationship managers
• Highly visible position involving frequent interaction with sophisticated investors, as well as senior investment management professionals
• Develop a comprehensive knowledge of all AQR products, the functions and responsibilities of key employees, as well as a detailed understanding of the competitive landscape
• Significant involvement in business strategy including new product development, new business lines and new geographies
• Liaise with other members of Business Development to leverage the firm’s intellectual capital and customize marketing materials for prospects and existing clients
• Active participation with investment teams
• Meaningful travel expected

What You’ll Bring

• Deep interest in and strong understanding of finance, statistics and investing theory and practice
• Exceptional academic performance demonstrating achievement and commitment to excellence
• Strong self-awareness with the ability to empathize and understand others
• 1-2 years experience in sales and/or client relationship management at a financial services firm (asset management preferred)

Who You Are

• MBA degree required
• 1-2 years post-MBA work experienced preferred but not required
• Highly relational with an entrepreneurial mindset
• Hard working and eager to learn in a highly intellectual, collaborative environment
• A great listener with the capacity to understand and empathize with the audience
• Adaptable - intellectually sharp, decisive and agile; able to thrive in a dynamic environment with sound judgment
• Well-organized and detail-oriented
• Self-starter, able to work independently as well as within a team
• Presents and communicates with maturity, credibility and clarity
• Superior written, verbal and interpersonal communication skills

The salary range for this role is expected to be $170,000 to $190,000. This is the range that we in good faith believe is accurate for this role at the time of this posting. We may ultimately pay more or less than the posted range, depending upon factors such as skills, experience, location, or other business and organizational needs. This wage range may also be modified in the future.

This job is also eligible for an annual discretionary bonus. We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

AQR is an Equal Opportunity Employer.  EEO/VET/DISABILITY