Associate, Macro Valuation

Point72 Asset Management, L.P; New York (NY); On-site; USD 115,000 - 145,000; Full time

Benefits offered by this job

Fully-paid health care benefits

Generous parental and family leave policies

Tuition assistance

401(k) savings program with an employer match

Job summary

A leading global alternative investment firm is seeking a Valuation Specialist in New York to manage the valuation and models for various financial products, including derivatives. Candidates should have 3-5 years of experience in valuation, a strong quantitative background, and programming skills in VBA and Python. The firm offers comprehensive benefits, including health care and a generous salary range of $115,000-$145,000.

Qualifications

• 3-5 years of valuation experience on fixed income derivatives.
• Strong knowledge of derivatives valuation modelling principles.
• Ability to multitask and adapt to fast-paced environments.

Responsibilities

• Manage valuation and models for various products.
• Control market data inputs to the valuation models.
• Perform price testing analysis with counterparty valuations.

Skills

Valuation experience on fixed income derivatives

Knowledge of derivatives valuation modelling principles

Strong quantitative or finance background

Knowledge of financial products and Greeks

Strong programming skills using VBA, Macros, and Python

Excellent communication skills

Job description

A Career with Point72’s Valuation team

The Point72 Valuation team manages the valuation of all investments across the firm’s extensive hedge fund, private equity, and venture capital portfolios. The team’s investment valuation coverage ranges from exchange traded products to derivatives traded in OTC markets, to venture capital and private equity. The Valuation team provides valuations and P&L for investments for stakeholders across the firm, including Senior Management, portfolio managers/deal teams, Risk Management, and investor reporting.

What you’ll do

• Manage the valuation and models for various products, such as credit derivatives, interest rate swaps/swaptions, FX derivatives, government bonds, and corporate bonds.
• Manage the process to control market data inputs to the valuation models—such as yield curve, inflation curve, volatility surfaces, and credit curves—and ensure the valuation process followes the firm’s valuation policy.
• Perform price testing analysis with counterparty valuation and other third-party vendors’ prices.
• Maintain valuation support documentation to evidence the accuracy of investment valuations.
• Liaise with investment professionals and our various support teams, such as Risk, about pricing, valuation, P&L, and valuation models.
• Work closely with our Technology team to implement valuation setup for new products and automate the valuation process.

What’s required

• 3-5 years of valuation experience on fixed income derivatives such as interest rate, credit, or FX derivatives.
• Strong knowledge of derivatives valuation modelling principles.
• Strong quantitative or finance background.
• Knowledge of financial products and Greeks, specifically within the derivatives space.
• Strong programing skills using VBA, Macros, and Python.
• Strong personal ownership and ability to resolve issues independently.
• Ability to multitask and adapt to fast-paced and changing work environment.
• Excellent interpersonal and written and verbal communication skills, with the ability to work effectively on a cross-functional team.
• Commitment to the highest ethical standards.

We take care of our people

We invest in our people, their careers, their health, and their well-being. When you work here, we provide:

• Fully-paid health care benefits
• Generous parental and family leave policies
• Mental and physical wellness programs
• Volunteer opportunities
• Non-profit matching gift program
• Support for employee-led affinity groups representing women, minorities and the LGBTQ+ community
• Tuition assistance
• A 401(k) savings program with an employer match and more

About Point72

Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry’s brightest talent by cultivating an investor-led culture and committing to our people’s long-term growth. For more information, visit https://point72.com/.

The annual base salary range for this role is $115,000-$145,000 (USD) , which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.