Research Associate, Fiscal & Government Policy

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 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. 

Explore more information about Bridgewater on our website here. 

Our Culture 

Bridgewater’s unique success is the direct result of our unique way of being. We want an idea meritocracy in which meaningful work and meaningful relationships are pursued through radical truth and radical transparency. We require people to be extremely open, air disagreements, test each other’s logic, and view discovering mistakes and weaknesses as a good thing that leads to improvement and innovation. It is by continually striving together for the highest levels of truth and excellence that we create meaningful work and meaningful relationships. 

Explore more information about Bridgewater’s culture on our website here. 

About the Alpha Engine  

Our core mission as an organization is to understand the fundamental drivers of markets and turn that understanding into high-quality portfolios and investment advice for our clients.  We do this in three critical ways: by being fundamental, systematic, and diversified. We seek to understand the economy in a fundamental way, uncovering the timeless and universal cause-and-effect linkages that drive global markets. That understanding is implemented systematically and converted into explicit rules that can be rigorously stress-tested. Finally, we create highly diversified portfolios that are not dependent on any one source of return and can survive a wide range of economic environments.  

About the Macro Team 

The Macro Team is responsible for understanding global macroeconomic conditions, and building investment logic that relies on cause-and-effect linkages to understand how macro conditions will evolve and the associated impact on markets. The team conducts rigorous exploratory and analytical research to evolve our fundamental understanding of economic growth, inflation, central bank policy, and to integrate this understanding into Bridgewater’s systematic investment process. 

About the Role  

A successful Research Associate will be able to... 

• Have a deep understanding of fiscal and government policy, including associated political processes and accounting 
• Proactively perceive and monitor developments in policy across major economies 
• Apply a rigorously analytical approach to modeling this policy and its economic implications (technical aptitude and experience in coding is a plus) 
• Collaborate with investors both within the Macro team and across the department to translate this understanding back to our investment process 

You will drive the following responsibilities: 

• Build, maintain, and consistently refine quantitative models of government spending, taxation, and transfers. 
• Conduct research on how these policies affects economies and markets. 
• Work closely with investors to integrate this understanding into trading systems.

You will be a click for the role if you: 

• Are, or have a strong desire to be, an expert in fiscal policy. 
• Are curious about macroeconomics. 
• Enjoy conducting deep, rigorous research, building m