Investment Associate, Global Macro

Investment Associate, Global Macro

Dalio Family Office

Dalio Family Office Overview:

The Dalio Family Office (DFO) supports Barbara and Ray Dalio and their family in their ventures, investments, and philanthropic efforts under Dalio Philanthropies, which includes OceanX, Dalio Education, Endless Network, and the Beijing Dalio Foundation. The core of the DFO’s culture is built around meaningful work and meaningful relationships and the family’s commitment to giving back. The office is headquartered in Westport, CT with regional offices in New York City, Singapore, and Abu Dhabi.

Position Summary:

This Investment Associate will serve on the Global Macro Team. Collaborating closely with Mr. Ray Dalio on key initiatives, this small team conducts cutting edge macroeconomic and markets research. In turn, the research directly impacts the DFO’s investments, and much of it is published externally and read by the top policymakers and thinkers globally. Our work orients towards the biggest things going on in the world, whether that be economic crises, asset bubbles, AI’s impact on the economy, wars, big new government policies and more. The work is fast paced and challenging, and requires curiosity, creativity and an ability to excel across multiple disciplines (markets, economics, statistics, analytics, history, writing, and more). As such, you’d be developing across a broad set of skills – systematic macroeconomic investing, portfolio construction, data visualization, programming, idea generation, qualitative (often economic history) research and writing. And as a small team, we’d intend to give you a lot of responsibility fast. Please note – after a few months of ramp up, this role requires the individual to travel internationally around 50% of the time, principally to the UAE, and occasionally to Singapore and elsewhere.

Day-to-day responsibilities would include a combination of the following:

• Under the direction of Senior Investment Associates and Co-CIOs, lead major research macroeconomic and market research projects.
• Synthesizing findings in investment memos.
• Codifying investment understanding in timeless and universal investment systems (typically, by programming them in Python).
• Coming up with new ideas and perceptions that drive the research agenda.
• Helping develop the process for DFO portfolio construction and diagnostics.
• Collaborate with global investment teams to ensure consistent execution standards and process improvements
• Perform additional responsibilities and reporting as assigned

The ideal candidate will possess the following knowledge, skills, attributes, and values:

• Passionate about markets, economics, and studying how the world works.
• Intellectually curious and possess strong critical reasoning skills
• A highly motivated self-starter with a desire to “roll up his/her sleeves” to get the job done, and to learn
• A strong coder, but also comfortable flexing into a wide range of other work.
• Passionate about data visualization and communicating complex topics in “simple but not simplistic” ways.
• Resourceful in thinking “outside the box” and finding ways to obtain information when needed
• Conceptual and analytical
• Able to deal with ambiguity well
• An individual with strong sense of initiative and ownership of projects

Illustrative Benefits:

• 100% company paid medical premiums
• 17 company paid holidays
• Friday summer hours
• Monthly community happy hours
• Hybrid work environment
• Free catered food services for in-office days
• Generous PTO offering
• Casual dress code
• 150% 401(k) match up to $7,500 and 100% match above $7,500 ($15k match limit)
• Gym reimbursement, back up childcare services, insurance, financial, and legal services, and much more!

Qualifications:

• Ability to travel up to 50% of the time internationally
• At least two years into your career, with demonstrated track record of excelling in a previous financial/economic analysis role.
• Ability to work highly flexible hours.
• Bachelor’s degree demonstrating strong academic performance.
• Strong statistics skillset
• Proficiency in Python programming and automation tools
• Demonstrated interest in investing

Compensation:

Compensation for the role includes a competitive salary in the range from $200,000 -$300,000 (inclusive of a merit-based bonus, dependent on years of experience, level of education obtained, as well as applicable skillset) and an excellent benefits package, including a comprehensive employer paid medical plan and generous employer match for 401k.

Please note we are unable to provide immigration sponsorship for this position.

At the DFO, we believe our biggest asset is our people. We are proud to be an equal opportunity employer, hiring and developing individuals from diverse backgrounds and experiences to add to our collaborative culture. The DFO treats all candidates and employees with respect and does not discriminate in our recruiting, hiring, and promoting processes and general treatment during employment, including on the basis of actual or perceived race, creed, color, religion, sex, age, sexual orientation, gender identity and/or expression, alienage or national origin, ancestry, citizenship status, marital status, veteran status, or disability.