Risk Management Jobs 2026 (Now Hiring) – Smart Auto Apply

Co-op Program Overview

Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world. The Arrowstreet Co-op Program provides an exciting opportunity to learn about the institutional asset management industry and Arrowstreet as a company while gaining deep experience within a specific function. The co-ops are highly valued members of the team and participate in team meetings, perform business-critical work and receive real-time, balanced feedback.  They enjoy all the perks of being an employee at Arrowstreet, including a warm and friendly work environment and a relaxed, business-casual dress code.  The co-ops across the organization come together on a regular basis to meet members of the firm’s leadership and to learn about all aspects of the investment management process.

Job Overview

The Operational Risk and Control team is responsible for establishing and supporting cross-functional operational risk management programs and processes across the organization. The co-op who fills this position will be a contributor to firmwide operational risk management programs with an opportunity to learn and contribute to a wide variety of matters.

Responsibilities

• Leverage third-party screening technology to review and assess third parties for potential legal, regulatory or reputational risks

• Assist in gathering data for Key Risk Indicators (KRIs) and perform analysis on indicator trends for our firmwide risk management programs

• Test internal controls as a part of Arrowstreet’s Compliance Testing Program

• Coordinate on ad hoc deliverables across multiple teams within Operational Risk and Control as well as Regulatory Compliance

• Evaluate and propose enhancements to processes across multiple teams

• Prepare and present project updates to the Head of Operational Risk and Control, Regulatory Compliance, and the Chief Compliance Officer

• Support monitoring or compliance with our firm's compliance manual and code of ethics

• Collaborate with other Arrowstreet teams (portfolio management, legal, client reporting and trade compliance) to research compliance related matters

• Interpret data and analyze results to provide ongoing reporting to members of the Operational Risk and Control team

Qualifications

• Strong academic record in the undergraduate program

• Excellent organizational, analytical and time management skills

• Strong Microsoft skills (Word, Excel, PowerPoint)

• Excellent communication skills both (written and verbal) and collaboration skills

• Excellent orientation to detail and accuracy, ensuring completion of high-quality work deliverables

• An interest in asset management or regulatory environment and developments

• Ability to multi-task, problem solve, and propose solutions to team members

The hourly wage range for this position is $21-$29 per hour.

Arrowstreet Capital operates a robust talent acquisition program, and we also seek to compensate and reward our employees competitively within our industry and in line with our merit-based culture. The determination of a successful candidate’s base wage placement within the listed range will vary based on the candidate’s relevant experience and qualifications (which may also include relevant certifications, credentials and other education), the job responsibilities and scope, the commensurate resulting level of the position and other relevant factors. The listed range is also an estimate, and additional information regarding base wages and other elements of total compensation offered by Arrowstreet Capital to successful applicants will be communicated during the recruitment process.

Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world. 

All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, genetic information, age, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law.

Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability, contact us to discuss the nature of your request and contact information.