Trading Associate

The posting, as Bridgewater Associates wrote it

About the Implementation Department

The Investment Implementation department is a community of diverse investment professionals whose mission is to implement our investment strategies and client portfolios excellently. Our Department is responsible for ensuring the excellent implementation of our systematic investment approach, from raw data to executed trades, with processes and logic that reflect the full richness of our investment insight, executed with a near-zero error rate, and engineered and orchestrated in a way that facilitates oversight and compounding. This is an investment department, owning the investment outcomes, and the mandate includes both the ‘run’ responsibility and the ‘transform’ responsibility, meaning daily operations as well as over time renovation of our systems.

We fulfill our mission by applying four operating principles

• Understand and deliver internal client needs. Partner with our internal clients to understand, offer implementation designs, and deliver solutions, while proactively educating and communicating outcomes to ACLs (Asset Class Leads) and CIOs.
• Own our investment intent . Own our investment intent in full, in letter and spirit.
• Continuously improve . Have and evolve an investment pipeline to meet current and future internal client needs.
• Systematically and relentlessly deliver quality outcomes . Apply our best logic systematically, discipline, expertise, and controls to every signal, position, and trade in every market.

About Your Role

As a Trading Associate, you will execute trades, generate and evaluate ideas for how to make better trading decisions, and collaborate with strategists and technologists to constantly improve our processes, focusing on improving the implementation of our logic or increasing efficiency.

• Through extensive on-desk formal training and on-the-job informal instruction, TAs become well-versed in Bridgewater’s trade execution strategies, the logic used to implement our strategies, and the production systems used to facilitate our logic.
• Once trained, our TAs carry out the core responsibilities of our department, including implementing our desired exposures, developing a distinct view of the outside world through close interaction with the markets, and driving the evolution of our execution strategy.
• Traders at BW do not have discretion in their trading and do not “manage a book” – instead, traders execute our desired exposures using a systematic set of rules developed by our team and strive to improve those rules by developing a world-class understanding of markets.
• This team is based in CT and trades global markets. Trading shifts may vary, but typical shifts include coverage during Asian, European, or New York market hours.
• A deep sense of intellectual curiosity will be needed to fuel your ability to deepen our understanding of ever-changing market structure and to drive the evolution of our systematic process.

This is a fully on-site role (5
[…]
h and learning through it is inherently a high-friction cycle. It’s possible because we share a few core values: a commitment to honesty, high ownership, deeply meaningful work and relationships, and building Bridgewater as a big tent where vast differences are welcomed. These values create the common denominator that binds us together in good times and bad.

Benefits

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, including health insurance, retirement benefits, paid leave, and other fringe benefits. Find more information about Bridgewater’s benefits on our website .

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.

Sponsorship

Please note that we do not provide immigration sponsorship for this position.

Compensation

The wage range for this role is $165,000 - $190,000 inclusive of base salary and discretionary target bonus. The expected base salary for this role is between 70%-80% of this wage range.

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. Explore more information about Bridgewater’s benefits on our website here.

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.

Bridgewater Associates, LP is an Equal Opportunity Employer