Bridgewater89

Alpha Engine - Management Coordinator

New York City, NY Full Time

For 50 years, Bridgewater has pursued one idea: the world can be understood. Markets and economies follow cause-and-effect relationships—and by understanding them, we think we can beat the markets and generate true uncorrelated returns ("alpha") at significant scale. Our clients include some of the world’s most sophisticated institutional investors who turn to us to use our unique insights to solve their biggest problems. 

Generating alpha at scale is an exceptionally difficult task. It requires predicting the future and doing so better than the millions of other extremely smart, highly motivated people who are trying to do the same. Our investment strategies seek to understand and navigate macroeconomic shifts that drive the world’s most liquid markets (bonds, currencies, equities, commodities, credit). These shifts have a very limited sample size (some of them haven’t yet happened in our lifetimes). 

Our approach is to start by digging deep to develop a fundamental cause-effect understanding of the economic and financial relationships that drive markets. We represent this understanding in a model of the world that we call our System—code and algorithms that generate views automatically, by ingesting vast amounts of significantly cleaned data and reflecting the relationships we’ve learned over decades of intense study and experience. Being systematic allows us to stress-test the quality of our ideas through time, and also helps ensure that at any given point, our positions reflect everything we’ve ever learned, so that our people can spend all their time focused on compounding on our understanding at a faster rate than markets are learning. 

This approach requires us to be at the forefront of human-machine collaboration. Since 2012, Bridgewater has aggressively pursued the vision of the artificial investor that can do everything a human can, with computers not just representing the insights but also generating the insights themselves. In 2023, we introduced AIA (Artificial Investment Associate), our fully machine-powered investing strategy. Our learnings in building AIA are now transforming even our human investors’ jobs, allowing us to rapidly discover and systemize new insights, and accelerating our transformation toward a fully integrated system that combines the best of human and machine intelligence. 

Every day we obsessively interrogate our systems against our independent investor insights, and work to evolve our systems to reflect how the world is changing. Beating the markets with this approach requires intense collaboration between brilliant people who constantly push themselves and each other to improve every week, to arrive at the best ideas without ego or politics. We rapidly elevate the best thinkers to greater responsibility. 

We are looking to hire great talent to work in the Alpha Engine as a Management Coordinator. 

About the Role 

The Management Coordinator role has a wide breadth of responsibilities, spanning across multiple areas to ensure smooth and efficient day-to-day process management. In this role, you will support a subset of BW’s Senior Investor and Operations Management and their teams, getting exposure to many different areas of work while learning the business and getting things done. This role requires someone who is passionate about managing processes in a reliable manner, while also ensuring services provided are achieving the goal of the senior leader’s world running smoothly at every level. Successful candidates will thrive in a fast-paced, results-oriented environment where one needs to juggle multiple responsibilities while being an excellent facilitator, communicator, and proactive partner. 

You will drive the following responsibilities: 

  • Work with BW Senior Investor and Operations Management and their teams to ensure long term goals translate to the day-to-day and are executed effectively 
  • Own all operational support functions to enable the team’s business goals – such as onboarding / offboarding talent, team specific operational policies, talent assessment processes, etc.  
  • Manage challenging and fast-moving calendars, partnering with support teams across the department and company 
  • Track and coordinate priorities to ensure deliverables are completed in a timely manner 
  • Run and improve smaller scale operational processes within the team  

Interested in learning more about working at Bridgewater? Hear about the experiences of our employeeshere.  

You will be a click for the role if you: 

  • Have a passion and knack for organization, planning, prioritization, and can solve problems effectively 
  • Derive satisfaction from making others’ worlds run smoothly 
  • Have high empathy; you can read the room and understand people well 
  • Enjoy working as part of a team to support senior executives 
  • Possess a “can-do” attitude and have the desire and willingness to roll up your sleeves and jump into whatever is needed 
  • Are highly determined, consistently willing to push through to get things done. 
  • Have a track record of ability to manage and execute on many concurrent threads across different initiatives 
  • Can communicate and respond in a timely manner 
  • Have the intuition on when to efficiently raise and escalate problems or roadblocks 
  • Are able to consistently step back and improve your way of operating 
  • Humble and open-minded, eager to learn and take on more as the responsibilities over time 

Minimum Qualifications 

  • 2+ years of experience in administrative support, business operations, project management, or similar type of role 
  • Ability to interact with internal and external stakeholders through excellent written and verbal communication 
  • Ability to operate excellently in a fast-paced and ambiguous environment 
  • Ability to prioritize and work cross functionally when managing several concurrent threads. 
  • Ability to work with and manage various stakeholders in service of a common goal. 
  • Experience running and improving operational processes 
  • Ability to work flexible hours (e.g. some evenings) as required to match the needs of the team(s) you support 

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.  

Physical Requirements 

The anticipated onsite requirement for this role is four days per week at our New York City campus. 

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. 

Compensation Band: 

  • The expected annual total salary for this position is $100,000-$125,000. The total compensation package includes variable compensation in the form of a discretionary target bonus. 

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