Trade Operations Associate
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About the role
We are responsible for implementing the investment views of the world's largest hedge fund while minimizing transaction costs and information leakage. We do this by constantly deepening our understanding of liquidity and market dynamics to develop systematic, non-discretionary trade execution strategies. About Your Role The Trade Operations Associate role is part of a dynamic team directly involved with the day-to-day trading that is part of Bridgewater's investment engine. This role is focused on supporting the daily activities on the trading desk and portfolio generation, locking down trading risk, overseeing the quality of our external reporting. You will work directly with traders, portfolio associates, implementation team managers, and our back office partners. It is a role that will both allow and demand very fast learning and evolution. It will provide a fundamental knowledge of how to actively minimize risks and liaise with departments and counterparties to be accountable for sustaining a minimum level of risk. Further, the role involves dealing with a fast paced, detail-oriented environment, where accuracy and control are vital, and excellent communication and escalation is paramount. This position also requires flexibility to support different markets across many asset classes througho
Additional Information
About Bridgewater 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 to 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. Explore more information about Bridgewater on our website here . Our Culture Our culture is anchored in excellence, meaning constant improvement, and it is deeply tied to our mission. Because markets are objective, competitive, and getting smarter everyday, we need to keep rapidly improving to have any chance of beating them. Truth is our most essential tool for engaging with the markets and constantly improving because once you know what's true about your problems and opportunities, you can determine how to get better. Valuing truth means being transparent about your decision-making and mistakes, giving and receiving feedback with humility, and fighting for the best answers over hierarchy, ego, or self-interest. Operating this way is hard - it's only possible because we build meaning in our work and relationships. This meaning comes from the audacity of the mission, and the joy of working alongside people who make you a better version of yourself. The culture, like Bridgewater itself, is always evolving. In 1997 our founder Ray Dalio wrote down his lessons, starting with a Philosophy Statement which remains our foundation. This later evolved into a set of 300+ Principles. In 2022, when Ray transitioned the company, we re-underwrote several of those principles and evolved others, with a specific focus on Meritocracy. Today the culture sits, alongside our people, as our most important edge. When we get it right, it's the engine that powers everything else. About the Investment Implementation Department The Investment Implementation department is a community of diverse investment professionals whose mission is to implement our investment strategies and client portfolios excellently. Our Department is responsible for ensuring the excellent implementation of our systematic investment approach, from raw data to executed trades, with processes and logic that reflect the full richness of our investment insight, executed with a near-zero error rate, and engineered and orchestrated in a way that facilitates oversight and compounding. This is an investment department, owning the investment outcomes, and the mandate includes both the 'run' responsibility and the 'transform' responsibility, meaning daily operations as well as over time renovation of our systems. We fulfill our mission by applying four operating principles: Understand and deliver internal client needs. Partner with our internal clients to understand, offer implementation designs, and deliver solutions, while proactively educating and communicating outcomes to ACLs (Asset Class Leads) and CIOs. Own our investment intent . Own our investment intent in full, in letter and spirit. Continuously improve . Have and evolve an investment pipeline to meet current and future internal client needs. Systematically and relentlessly deliver quality outcomes . Apply our best logic systematically, discipline, expertise, and controls to every signal, position, and trade in every market.
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