Dimensional Fund Advisors

Position Title/Short Description

Full Text of JOE Listing:

Dimensional is a global investment firm guided by deep convictions about the power of capital markets. We are a leader in applying advanced financial science to equity and fixed income investment strategies. By employing a rigorous and systematic investment approach, we seek to capture what the market offers in all its dimensions. For more than 30 years, we have translated research into real-world investment solutions for clients. Our clients include financial advisory, pension funds, retirement plans, college savings plans, insurance companies, endowments and foundations, and sovereign wealth funds. Headquartered in Austin, Texas, with 14 offices around the world, Dimensional manages $586 billion globally as of June 30, 2019.

Research is a critical aspect to Dimensional’s business and how we support our clients. Our Research team has a global agenda and is responsible for research coverage for all strategies. Research is incorporated into every aspect of Dimensional's investment process, including identifying relevant drivers of expected returns, working with the Portfolio Management team on how best to design and manage strategies to pursue higher expected returns, and collaborating with the Trading team to improve execution.

Dimensional’s Research Internship is exclusively for top caliber PhD students who want to direct their passion toward investment-related research. The Internship offers an opportunity to work on intellectually rigorous and stimulating challenges and provides real life experience into the different aspects of research at Dimensional. The Internship is open for application from to PhD students in finance, economics, engineering, physics, computer science, and mathematics who expect to complete their degree in the next 12-18 months. We are currently seeking students to start immediately or summer 2020.

Responsibilities:
As a Research Intern you will experience the day-to-day activities of the Research group. Research Interns are expected to help produce high-quality, academically grounded research to support and enhance our investment strategies and for client education. Interns will gain an understanding of what it's like to be a full-time Researcher at Dimensional, as they will be responsible for projects that meet our firm’s current business needs. The internship length is flexible depending on your academic schedule and can be offered in our Austin office.

Qualification:
Progress toward a PhD from a top-tier school in a discipline such as finance, economics, engineering, physics, computer science, mathematics, statistics, or similar.
Applicants must have completed their PhD coursework and plan to defend their dissertation within the next 12-18 months (ABD).
Excellent quantitative problem-solving and analytic skills.
Ability to communicate financial and economic concepts, in both oral and written form.
Self-starter who can manage multiple projects and meeting deadlines.
Strong programming skills in one or more languages, such as C#, C++, Fortran, R, SAS, or Stata.
Experience doing empirical research with large datasets.
Able to work 5-12 weeks at our Austin office.