United States of America
The program is designed to provide associates with broad exposure to the firm’s activities while they receive coaching and mentoring in key areas—including financial modeling, project management, and quantitative and qualitative research—from accomplished colleagues with wide-ranging academic, professional, and personal backgrounds. Rotational associates have the opportunity to be part of an inclusive, collaborative, and engaging working environment.
What you’ll do day-to-day
Associates use their current strengths to innovate and make recommendations that impact the way we invest and operate, and build new skills that help shape the course of their careers. Previous projects have included evaluating investment opportunities on our Global Macro desk, assessing the technological differentiation and landscape for surgical robots for our Fundamental Equities group, or researching whether or not to start a litigation finance business as part of the Corporate Development team. Associates have gone on to manage investment portfolios and make other significant contributions at the firm.
What We Do
The D. E. Shaw group is trusted by investors across the world to manage their assets by seeking the optimal balance of risk and reward. While we’re known as a pioneer in quantitative investing, we also have considerable expertise in areas that involve fundamental analysis or portfolio manager discretion. We use a combination of quantitative and qualitative tools to uncover independent, hard-to-find sources of return across global public and private markets.
Within the D. E. Shaw group, we run on collaboration, not internal competition. Teams work together to share trade ideas, identify and address risks, build tools, and explore new opportunities. Our staff includes world-class mathematicians, physicists, computer scientists, economists, analysts, business-builders, and system architects relying on specialized trading, operational, and compliance expertise developed over 30 years.
We believe a strong culture of rigorous analysis and scientific research, supported by a robust infrastructure, is the bedrock of a successful quantitative investment process. We aim to identify statistically robust market inefficiencies through hypothesis formulation, testing, and validation based on practical knowledge of markets and advanced computational methods.
Opportunity is About:
Candidates should be from:
Description of Ideal Candidate:
Who we’re looking for
- We welcome applications from individuals from all professions and academic fields, and neither expect nor require previous finance knowledge or experience; past rotational associates majored in economics, engineering, history, natural sciences, and philosophy before joining the firm.
- Accomplished and creative critical thinkers with an interest in finance, a highly analytical mindset, and a desire to learn and take on a new challenge will excel in this role.
Deadline: As soon as possible
Cost/funding for participants:
We are committed to supporting our people in work and in life, which is why we offer benefits such as a family planning and surrogacy program and a charitable gift match to all full-time employees.
Additionally, our staff-led affinity groups are pillars of our community, helping to celebrate diversity, promote leadership and development opportunities, and facilitate inclusive mentorship. Members and allies organize a wide range of educational and social programming, from expert talks to film festivals.