Co-op Program Overview The Arrowstreet Co-op Program provides an exciting opportunity to learn about the institutional asset management industry and Arrowstreet as a company while gaining deep experience within a specific function. The co-ops are highly valued members of the team and participate in team meetings, perform business-critical work and receive real-time, balanced feedback. They enjoy all the perks of being an employee at Arrowstreet, including a warm and friendly work environment and a relaxed, business-casual dress code. The co-ops across the organization come together on a regular basis to meet members of the firm's leadership and to learn about all aspects of the investment management process.
Responsibilities The Investment Services Group is responsible for the below and co-ops will be given exposure or experience within each area.
- Markets. Monitor for upcoming market events, changes and communicate these to the broader investments teams along with research that will help support our implementation of and internal changes.
- Security Data. Manage the quality of this data in particular evaluating the quality of security prices, country and sector reference information across our investible universe.
- Account Activity. Support the management of portfolio subscriptions and redemptions, set up new markets for trading, manage portfolio conversion activities, and manage broker and counterparty eligibility or restrictions.
- Portfolio Holdings and Transactions. Evaluate the quality of holdings data through the review of systematic reconciliations and integrity checks across portfolio holdings, transactions, corporate actions, cash balances, and good to sell files across our trading systems, middle-office records and client custodian records.
- Post Trade Monitoring. Monitor failed trade reporting and proactively resolve trade settlement matters. Compile data required and broker performance on a daily basis. This group also manages the corporate action election process coordinating across legal, portfolio management, client relationship management and our middle office.
- New Initiative Implementation. Lead and contribute to the implementation of critical investment initiatives. Identify business requirements for relevant software development needs.
Qualifications - Strong academic record in the undergraduate program with a finance, business, accounting, mathematics or computer science focus.
- Experience or interest in a programming language, preferably Python, a plus
- Excellent organizational, analytical and problem-solving skills.
- Microsoft Excel skills preferred.
- A strong interest in data analysis and working with large amounts of data.
- A strong interest in the asset management industry.
The hourly wage range for this position is $27-$30 per hour.
Arrowstreet Capital operates a robust talent acquisition program, and we also seek to compensate and reward our employees competitively within our industry and in line with our merit-based culture. The determination of a successful candidate's base wage placement within the listed range will vary based on the candidate's relevant experience and qualifications (which may also include relevant certifications, credentials and other education), the job responsibilities and scope, the commensurate resulting level of the position and other relevant factors. The listed range is also an estimate, and additional information regarding base wages and other elements of total compensation offered by Arrowstreet Capital to successful applicants will be communicated during the recruitment process.
Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world.
All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, genetic information, age, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law.
Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability, contact us to discuss the nature of your request and contact information.
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