Job Application for Macroeconomic Research Associate at Bridgewater Associates

About Bridgewater

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.

Explore more information about Bridgewater on our website here.

Our Culture

Our culture is tied to our mission, which is to understand how the world’s markets and economies work, and to translate that into world-class investment performance. This requires an extraordinary team, defined by the best individuals and the best portfolio of people, operating in an idea meritocracy. In this, we are uncompromising on our shared values of excellence, truth, integrity, humility, and courage. Our aspiration of a vibrant idea meritocracy requires diversity of thought – this comes from diversity of background, identity, experience, and so much more. We pursue inclusion because it’s how we unlock the power of that diversity and make sure the best ideas get heard. To sustain this way of being through lots of years and lots of circumstances, we invest in meaningful work and meaningful relationships – the purpose and joy that comes from tackling something challenging and worthy, alongside people who make us better versions of ourselves.

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

About the Alpha Engine

Our core mission as an organization is to understand the fundamental drivers of markets and turn that understanding into high-quality portfolios and investment advice for our clients. We do this in three critical ways: by being fundamental, systematic, and diversified. We seek to understand the economy in a fundamental way, uncovering the timeless and universal cause-and-effect linkages that drive global markets. That understanding is implemented systematically and converted into explicit rules that can be rigorously stress-tested. Finally, we create highly diversified portfolios that are not dependent on any one source of return and can survive a wide range of economic environments.

About the Macro Team

Our Macro team is responsible for understanding global macroeconomic conditions and building investment logic that relies on cause-and-effect linkages to understand how macro conditions will evolve and the associated impact on markets. The team conducts rigorous exploratory and analytical research to evolve our fundamental understanding of economic growth, inflation, central bank policy, and to integrate this understanding into Bridgewater’s systematic investment process.

About the Role

A successful Research Associate will be able to...

Build a deep understanding of macroeconomics and its relationship with monetary and fiscal policy
Proactively perceive and monitor market moving developments across major economies
Apply a rigorously analytical approach to modeling these developments and their implications
Technical aptitude is required – Excel proficiency is a must, and coding experience is a plus
Collaborate with investors both within the Macro team and across the department to translate this understanding back to our investment process

You will drive the following responsibilities:

Develop a deep understanding of the major market economics and important political-economic developments, anchored in a rigorous study of the key variables informing economic developments
Build, maintain, and consistently refine quantitative models of growth and inflation
Produce comprehensive weekly research reports on a wide array of topics for our CIOs, senior investment leaders, and Bridgewater’s clients
Work closely with investors to integrate this understanding into trading systems

You will be a click for the role if you:

Are passionate about conducting deep, rigorous research, building models, and synthesizing insights in high-quality research reports
Are analytical, highly logical, and structured in your thinking and verbal/written communication
Are both assertive and open-minded, and willing to assert your views while fully appreciating what you don’t know
Hold a high degree of pride, personal responsibility, and ownership in your work
Are able to consistently step back and improve your way of operating, and are open to receiving and giving quality feedback
Thrive in a collaborative environment

Interested in learning more about working at Bridgewater? Hear about the experiences of our employees here.

Minimum Qualifications:

We think the Research Associate with the best chance of succeeding will have the following qualifications:

4-year degree from an accredited undergraduate institution
3+ years of professional experience in economic/financial research
Strong analytical capabilities and experience in model building

Physical Requirements

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

Why Choose Bridgewater?

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.

Compensation and Benefits

The expected annual base salary for this position is $200,000-$300,000. The total compensation package includes variable compensation in the form of a discretionary target bonus.

 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.

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. Please note that we do provide immigration sponsorship for this position.

Bridgewater Associates, LP is an Equal Opportunity Employer

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Macroeconomic Research Associate

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