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Posted by Willy Franzen on June 24, 2008. Positions below updated every five minutes.
|Practice Manager||Hamilton, OH|
|Float Customer Service Representative - PART TIME||South Weymouth, MA|
|Sales Associate ANN TAYLOR Bridgewater Commons||Bridgewater, NJ|
|Sales Associate LOFT Village at Bridgewater||Bridgewater, NJ|
|Intern, Scientific Data Visualization/Graphic Design - Summer 2014||Bridgewater, NJ|
|Store Management ANN TAYLOR Bridgewater Commons||Bridgewater, NJ|
|Store Management LOFT Village at Bridgewater||Bridgewater, NJ|
|Document Services Coordinator||Bridgewater, NJ|
|Convenience Store Manager||Beverly, MA|
Every day I take it upon myself to tell thousands of new college grads about exciting entry-level jobs. You’d think I’d pay enough attention to notice a company that does a ton of college recruiting, has a great work culture for young people, and is right in my “backyard.” Apparently I don’t. I came across a job listing for Bridgewater Associates and was intrigued because they are located in Westport, CT – the town where I went to high school. I figured I must have heard of them at some point and since forgotten about them. My curiosity continued, and I checked out their location on Google Maps. Then I saw this photo tagged for their location, and it hit me. This company is located on the banks of one of my favorite trout streams! Any good job searcher should know to never ignore the opportunities that are right under your nose. So, right off the bat, we know that Bridgewater’s people get to work in a beautiful location and have a great way to spend their lunch breaks if they’re interested in piscatorial pursuits.
I’m sure that my anecdote has left you wondering what exactly Bridgewater does. They currently manage “$140 billion in global investments for a wide array of institutional clients, including foreign governments and central banks, corporate and public pension funds.” Many would call them a hedge fund (although they don’t seem to be too keen on that terminology). The company is based on a strategy called “Pure Alpha,” which is based on separating “value-added return from active management” from “return from passively holding a portfolio” to create optimal portfolios for each. They’ve beaten global markets for 15 years, so it is apparently working for them.
Bridgewater Associates appears to be making a lot of money, and it seems like they’re looking to spend that money by hiring new people. Their Job Bank has a variety of opportunities, many of which are targeted at new college grads. Their College Recruiting page shows 3 young people – one in a hoodie, another with her feet up on the desk, and another sitting on the desk – and mentions 4 positions that are typically geared towards the entry-level. These are Management Associate, Investment Associate, Operations Associate, and Portfolio Accountant. These are general job descriptions and not specific listings, but they offer great insight into what you’d be doing in one of these jobs.
Bridgewater is all about being different. They appear to be very relaxed with flex-time and casual dress, and they seem to do anything to encourage the free flow of ideas. They’re not offering your typical finance jobs. They seem to be extremely friendly to young people, and have one of the best online entry-level recruiting presences we’ve seen. They are located in Westport, CT, which is certainly not a hotspot for social opportunities (I can vouch personally for that), but New York City is just an hour train ride away.
Browsing Bridgewater Associates’ job listings is a different experience than what you’d typically be accustomed to. In some ways it’s really helpful, and in others it’s a little irritating. They ask you to pick from 14 areas and then view jobs by area. There’s no way to view all openings at once. Since multiple areas may interest the same candidates (especially entry-level candidates who may not have a clear idea of what they want to do), it would be a lot more convenient to find just entry-level positions listed somewhere on their College Recruiting page. Not all of the jobs geared towards new grads are finance heavy – there are also entry-level opportunities in support roles. Applying online looks easy, and you can apply for multiple positions with one application. If you doubt that your major will be a good fit for a particular job, just take a look at Bridgwater’s Employee Profiles. You can view them by Job Title or Major, which will show you that there’s even a place at Bridgewater for History and Chemistry majors.
Links to Help You Begin Your Research
Seriously considering a job at Bridgewater Associates and want to know more about the area? Leave a comment, and I’ll answer any questions that you may have.