Trading Associate

Trading Associate

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.

The Investment Implementation teams are responsible for accuracy, reliability, and efficiency across signal generation, portfolio construction, and trading execution. The Signals team is responsible for deeply understanding the data that flows from the outside world into Bridgewater's trading systems. Portfolio Generation is responsible for translating our market view into optimal portfolios, while focusing on risk and diversification. Trading Execution is responsible for implementing BW's views of the world, while minimizing transaction costs and information leakage. Collectively, these teams are responsible for the day-to-day of Bridgewater's front office.

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. During your first 23 years in the role, you can expect to primarily cover Asian or European market hours. Over time, most team members transition to New York market hours as they gain experience and seniority.
• 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.

You will drive the following responsibilities :

You will be a click for the role if you :

In addition, to succeed within our unique culture and work environment, individuals must demonstrate humility, innate curiosity, and openness to new ideas and approaches. Candidates must be driven, confident, and goal-oriented. All Bridgewater employees are expected to be honest, exceptionally direct, and eager to provide and receive objective feedback. Our employees constantly strive for self-improvement through feedback and self-reflection and are committed to the pursuit of excellence.

Minimum Qualifications :

Physical Requirements :

This is a fully on-site role (5 days / week), and this employee will work from our office in Westport, CT.

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. In this role, you will grow with us by : undergoing a training program of structured classes and on-the-job apprenticeship; taking ownership of increasingly complex systems and processes; taking on oversight and mentorship responsibilities to grow talent as you gain experience; and opportunities to grow your career across Bridgewater depending on your strengths, weaknesses, and experience.

Compensation Band :

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.

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.