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Merger Arbitrage Jobs (NOW HIRING)

Merger Arbitrage information

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$26K

$85.8K

$174.5K

How much do merger arbitrage jobs pay per year?

As of Jun 10, 2026, the average yearly pay for merger arbitrage in the United States is $85,774.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,000.00 and $104,000.00 per year, depending on experience, location, and employer.

What are the typical daily responsibilities for someone in a Merger Arbitrage role?

In a Merger Arbitrage role, daily responsibilities often include monitoring news and regulatory filings related to announced mergers and acquisitions, conducting risk/reward analysis for active deals, and building financial models to assess deal viability. You'll track deal timelines, analyze legal documents, and regularly communicate with colleagues in research, trading, and legal to stay updated on any changes affecting deals. Staying on top of market developments and adjusting positions accordingly are key aspects of the day-to-day work. This role is dynamic and requires strong attention to detail and an ability to react quickly to new information.

What are the key skills and qualifications needed to thrive in the Merger Arbitrage position, and why are they important?

To excel in Merger Arbitrage, strong analytical skills, financial modeling abilities, and a thorough understanding of mergers and acquisitions are essential, typically supported by a degree in finance, economics, or a related field. Familiarity with Bloomberg Terminal, Excel, market research databases, and sometimes CFA certification is highly valued. Exceptional attention to detail, adaptability, and clear communication are crucial soft skills for evaluating deals and working within fast-paced investment teams. These skills and qualities ensure informed decision-making, risk management, and the ability to identify profitable opportunities in dynamic markets.

What is a Merger Arbitrage job?

A Merger Arbitrage job involves analyzing and trading stocks of companies engaged in mergers and acquisitions (M&A) to exploit price inefficiencies. Professionals in this role assess deal risks, regulatory approvals, and market conditions to determine potential profits. They typically work at hedge funds, investment banks, or proprietary trading firms. The job requires strong financial modeling, research, and risk management skills to succeed in this specialized investment strategy.

What are the most commonly searched types of Merger Arbitrage jobs? The most popular types of Merger Arbitrage jobs are:
What states have the most Merger Arbitrage jobs? States with the most job openings for Merger Arbitrage jobs include:

MIT Micro-Intern: AQR Arbitrage (IAP-Rocky Bryant)

Job Links

Greenwich, CT

$16.75 - $22.50/hr

Other

Posted 16 days ago


Job description

About AQR Arbitrage

AQR Arbitrage is an affiliate of AQR Capital Management, specializing in the research, development, and management of arbitrage and corporate event strategies. Since 2001, AQR Arbitrage has combined rigorous research and disciplined processes to deliver long-term value to clients. Co-founders Mark Mitchell and Todd Pulvino are pioneering researchers and former professors at the University of Chicago, Northwestern University, and Harvard University. Their published work has fundamentally shaped how scholars and practitioners understand arbitrage markets, corporate events, and market dislocations.

AQR Arbitrage focuses solely on research and portfolio management while leveraging AQR's infrastructure for all other investment management functions. Our team members contribute to a culture of excellence, intellectual curiosity, and collaborative innovation, rooted in continuous learning and wise stewardship. AQR Arbitrage operates from AQR headquarters in Greenwich, CT for seamless integration and idea exchange across the broader firm.

Your Role

AQR Arbitrage is looking for an exceptionally talented undergraduate or graduate student to join our team. You'll work with our portfolio management team which is responsible for all aspects of managing various merger arbitrage, convertible arbitrage and event driven portfolios, from research to trade ideas and risk management. Responsibilities include:

  • Learn academic theory related to arbitrage and event-driven strategies
  • Construct unique datasets to be used in novel investment strategy research
  • Perform statistical and economic analysis to test hypotheses and uncover insights
  • Build tools to enhance and streamline portfolio management processes

What you'll bring

  • Strong problem solving, quantitative, and programming skills (Python preferred)
  • Excellent communication skills and vigorous attention to detail
  • Work ethic and eagerness to learn in a highly intellectual, collaborative environment
  • Self-motivation with the ability to work independently and as part of a team
  • Ability to multi-task and keep track of a variety of deadlines

AQR and AQR Arbitrage are Equal Opportunity Employers. EEO/VET/DISABILITY