Investment Services Group, Rotational Program

Investment Services Group Overview

The Investment Services Group is responsible for managing critical inputs to the firm's investment process, managing the services provided by our outsourced middle-office, and supporting our portfolio management team, processes and investment initiatives. Individuals in this group develop a deep understanding of our investment process and have experience in financial services or asset management. As a member of the rotational program, you will be immersed in our daily efforts, working as an associate in the Investment Services Group.

Role Overview

Our two-year rotational program is suitable for college undergraduate seniors who are looking to jump start a career in the Financial Services industry. The Investment Services Group rotational program will provide recent college graduates with the opportunity to gain robust experience and broad exposure to the asset management industry, our systematic and highly automated investment process, the equity, FX and futures trade lifecycle and portfolio holdings issues and challenges. This program will prepare program participants well for a fulfilling career at Arrowstreet Capital while facilitating opportunities to develop personally and professionally, broaden skills, experiences, and professional networks.

Rotational Program Overview

• Two-year program with three rotations that are each eight months long.
• Rotations can include:
  
  • Portfolio Services
  • Portfolio Holdings
  • Post Trade
• Program participants get to experience a group project together as a cohort to develop additional skills and collaborate.

Program Experience

• Challenging and meaningful work.
• Career development and growth within the Investment Services Group.
• Networking and mentorship with colleagues.
• Exposure to senior leaders.
• Professional development opportunities.

Responsibilities

• Responsibilities will vary based on the rotation that an employee is in at any given time. Below is a description of the work an employee may do in each rotation:
• Portfolio Holdings. 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. This group supports critical inputs to our daily portfolio rebalancing process.
• Post Trade Monitoring. Monitor and evaluate failed trade reporting and proactively resolve escalated 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.
• Portfolio Services. Support critical client portfolio oriented projects related to adding, redeeming or reinvesting capital. These events range from standard to highly complex. Furthermore, this group is also responsible for various investment initiatives such adding or changing certain FX counterparty, market settlement, and custody or prime broker settings, amongst other things.

The ideal candidate will be:

• A college undergraduate senior who is graduating in Spring 2026 and seeking a full-time position.
• Self-motivated with excellent organizational and time management skills.
• Detail-oriented and very curious.
• Able to multi-task and work on a variety of assignments.
• Able to establish effective working relationships with other team members and other stakeholders, both internal and external to Arrowstreet.
• Committed to the quality of their work product and seeing assignments through to completion.

Qualifications

• On track to complete an undergraduate program with a finance, economics, business, accounting, or mathematics focus is preferred. Expected degree completion in Spring 2026.
• Excellent organizational, analytical and problem-solving skills.
• Microsoft Excel skills preferred.
• Experience or interest in a programming language, preferably Python, is a plus.
• A strong interest in data analysis and working with large amounts of data.
• A strong interest in the asset management industry.

The base salary range for this position is $70,000 to $80,000 per year.

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. Our approach to total compensation includes base salaries and annual discretionary bonuses, as well as a robust benefits package. The determination of a successful candidate's base salary 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 salary 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.