Grantham, Mayo, Van Otterloo & Co

2027 Investment Research Associate

Grantham, Mayo, Van Otterloo & Co · Boston, MA
Boston, MA $100K–$125K Posted 2026-09-01
Salary
$100K–$125K
Type
Full-time
Experience
0-2 yr

Company Profile

Founded in 1977, GMO is a global investment manager committed to delivering superior long-term investment performance and advice to our clients. We offer investment strategies and solutions where we believe we are positioned to add the greatest value for our investors. These include multi-asset class, equity, fixed income and alternative offerings.

We manage approximately $80bn for a client base that includes many of the world’s most sophisticated institutions, financial intermediaries, and private clients. Industry-wide, we are well known for our focus on valuation-based investing, willingness to take bold positions when conditions warrant, and candid and academically rigorous thought leadership. Jeremy Grantham, GMO’s Co-Founder and Long-Term Investment Strategist, is renowned as an expert in identifying speculative investment bubbles and also as a leading climate investor and advocate.

GMO is privately owned and employs over 430 people worldwide. We are headquartered in Boston, with additional offices in Europe, Asia and Australia. Our company-wide culture emphasizes commitment to clients, intellectual curiosity, and open debate. We celebrate and respect our differences, while embracing and valuing what each of us brings to work, as we know that diverse teams in an inclusive, caring environment achieve higher engagement and better client results.

Please follow the prompts included in this job posting to apply. The application window for this role is anticipated to remain open until the job is filled, or as otherwise determined by GMO.

Position Overview
The Investment Research Associate Program is a three-year rotational opportunity designed for highly motivated and intellectually curious individuals. Associates will rotate across multiple investment teams at GMO, gaining exposure to both quantitative and fundamental investment approaches across a range of asset classes, including equities, fixed income, alternatives, and asset allocation.

The program is structured to develop future investors by providing hands-on experience and continuous training. Associates work closely with experienced researchers, portfolio managers, and traders, contributing meaningfully to investment research and decision-making.

Each rotation typically lasts six to eight months, though timing and assignments may vary based on team needs, individual skills, and interests. Ongoing research and investment training, along with firmwide initiatives, support integration into GMO’s culture and investment philosophy.

The goal is to place associates into full-time roles on investment teams upon completion of the program. In some cases, permanent placement may occur before the three-year period concludes.

Responsibilities:
Examples of the work include:

  • Develop and/or redefine investment models and frameworks for understanding the drivers of returns and associated risks across markets
  • Complete complex analytical projects
  • Interpret company announcements and their investment implications
  • Investigating macroeconomic themes and trends
  • Communicating and presenting investment ideas to colleagues

Qualifications:

  • Completed Bachelor’s or Master’s degree by June 2027
  • Degree in a quantitative or analytical field such as Mathematics, Economics, Financial Engineering, Physics, Computer Science, or a related discipline
  • Demonstrated interest in investing through relevant coursework or internship experience
  • Strong verbal and written communication skills
  • Programming experience in at least one of Python or MATLAB; familiarity with SQL is a plus
  • Familiarity with generative AI tools (e.g., MS Copilot, ChatGPT, Claude) and prompt engineering
  • Genuine passion for investing and a strong desire to analyze investment opportunities
  • Willingness to take initiative, embrace risk, and contribute a differentiated perspective
  • Strong analytical and problem-solving skills, with the ability to synthesize information, identify key insights, and draw conclusions
  • Proactive and intellectually curious, with the ability to prioritize, multitask, and thrive in a collaborative, team-oriented environment
  • Fewer than two years of relevant experience in the investment industry

Application Process
Step 1
Submit a Statement of Interest that explains (please keep it to one page):
Why do you want to pursue a career as an investor?
Please tell us something about yourself that is not on your résumé
Include your current résumé
Include a copy of your transcript
Step 2
Selected candidates will be asked to complete a phone interview with the manager of the Investment Research Associate program during September/October 2026.
Step 3
Selected candidates will be invited to an in-person or video interview at GMO’s Boston office during October/November 2026.

GMO is committed to the recruitment, employment, and promotion of all candidates equally, regardless of an individual's gender, race, color, national origin, ancestry, age, religion, pregnancy, marital status, sexual orientation, gender identity or expression, military or veteran status, genetic information, physical or mental disability (except where such disability is a bona fide occupational disqualification) or any other classification protected under federal, state or local law.

This is a reasonable, good faith estimate of the current salary range for this role. GMO’s salary range accounts for a wide array of factors that are considered in making compensation decisions including but not limited to skill sets and market demand for skills; level of experience and training; specific qualifications, performance, time in role/company, geographic location, and other business and organizational needs.

In addition, this position is eligible for a discretionary annual bonus award, which award may be determined by individual, team, department and firm performance, and is subject to the terms of GMO’s compensation plan. This position is also benefits eligible. GMO’s comprehensive benefits program includes medical insurance, dental insurance, life insurance, long-term disability coverage, a 401(k)/profit-sharing retirement plan, open paid time off, leaves of absences, dependent care resources, tuition reimbursement, charitable gifts matching, flexible spending accounts, and commuter benefits.

Python
$60K — 10th pctl $230K — 90th pctl
This role’s midpoint $112K vs. market median $125K for Operations roles
-10%
below median
Based on 19,000+ Operations roles with disclosed salary ranges tracked on NewJob.
E
Client Systems Manager
Boston, MA Hybrid
Engineering
$200K–$220K
F
Emerging Country Debt - Corporate Credit Analyst
Boston, MA Hybrid
Finance
$150K–$180K
O
Data Platform Analyst
Boston, MA Hybrid
Operations
$155K–$170K
See all 10+ roles at Grantham, Mayo, Van Otterloo & Co →
S
2027 Portfolio Management & Investment Research Summer Analyst
StepStone Group La Jolla
Operations
A
Operations Associate | Early Careers, Summer 2027 Start
Arch Labs New York, NY
Operations
$70K–$85K
A
Biostatistics Research Associate
Artera Remote (US) Remote
Operations
$72K–$93K
A
Senior Research Associate / Associate Analyst
Artisan Partners Boston, MA
Operations
$100K–$150K
See all Operations roles →

Interested in this role?

Apply directly on the company site — no recruiter middleman, no account required.

Apply now →
Apply on company site