
Data Ranger Associate
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 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 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. This 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.
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
In this role you will assist in the operation of our Native Data function inside our Investment Implementation group at the front edge and ongoing management of our Investment Data practice (research, analytics, intelligence, and data). You will assist, learn, and help evolve our Relationship Management, Service Management, Risk Management and Vendor Management Administration disciplines engaging with Investors, Associates, Engineers, Legal and Compliance, Finance, External Vendors and Providers; driving great outside inside and inside outside knowledge, quality management and matching business process. You will have the opportunity to be a supporting central part of our Data Strategy function and be right in the middle of our flows, investment questions, supplier challenges, commercial compliance and entitlements, administration, and contractual negotiations and sourcing strategy. You will regularly communicate your understanding and assessment to a diverse group of people, including investment professionals, vendors and service providers, and various stakeholders (Compliance, Legal, Finance). You will partner across the firm and our vendors working with hundreds of different people and potentially thousand plus during the year.
You will drive the following responsibilities:
- Executing and assisting in the systems, sourcing, supply chains and internal demand we use to provide and maintain the inbound fuel and internal investment asks of the practice.
- Understanding and effectively communicating the state of very specific pieces and slices of the portfolio.
- Assisting in the building and maintenance and rapid sorting of inbound and run state assets in the portfolio.
- Creating and assisting in initiatives to improve the quality, reliability, and efficiency of the systems you own.
- Evolving the methods and best practices used by the broader investment community.
- Assist in Design and Implementation, Run our Colleague Management Tracking and Vendor Management Admin Practices.
You will be a click for the role if you:
- Are curious, practical, analytical, and willing to broadly engage with a highly diverse set of people both inside and outside of Bridgewater.
- Are deeply interested in understanding our Investment Data practice and the life-cycle management of it.
- Think in terms of systems and naturally look for ways to solve problems through the evolution of those systems.
- Hold a high degree of personal responsibility and ownership in everything you do.
- Understand that all the pieces of the framework come together for a cohesive high-quality practice to work.
In this role, you will grow with us by:
- Undergoing a rigorous training program of structured engagement with the external world, on-the-job apprenticeship, working with highly experienced colleagues.
- Contributing to the growth and evolution of the broad overall design.
- Having your voice and perspective heard, and over time representing the firm in important vendor and provider service, risk and administrative management discussions.
- Opportunities to grow your career across Bridgewater depending on your strengths, weaknesses, and experience.
Minimum Qualifications:
- 4-year degree from an accredited undergraduate institution.
- 1-5 years of relevant work experience at an investment bank, vendor/service provider or asset management firm.
- Experience with Relationship Management, Service Management, and Vendor Management Administration.
- Experience with Capital Markets “Market Data” – instrument types, liquidity and pricing sources, terms and conditions, curve structures, would be a significant plus.
Physical Requirements:
This role is offered as fully remote within the United States.
Compensation Band:
- The wage range for this position is $105,000 - $175,000 inclusive of base salary and discretionary target bonus. The expected base salary for this role is between 70-90% of this wage range.
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.
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 not provide immigration sponsorship for this position.
Bridgewater Associates, LP is an Equal Opportunity Employer
Apply for this job
*
indicates a required field