Convertible Bond Quant Trader | Data-Driven Alpha

Point72; Stamford (CT); On-site; USD 135,000 - 165,000; Full time

Benefits offered by this job

Comprehensive benefits package

Discretionary bonus

Job summary

Point72 in Stamford, CT, seeks a Trader/Quant Analyst with 3+ years in convertible securities or related derivatives to join our investment team. You will perform relative value analysis, execute trades, and manage risk while building quant tools.

The role requires strong modeling and programming skills (Python or R, Excel) and familiarity with Bloomberg/Tradeweb. Strong communication and ethical standards are essential.

Qualifications

• 3+ years of convertible bond trading with a quant/programming skillset.
• Strong understanding of credit markets, bond math, equity derivatives, and volatility analysis.
• Proficiency in modeling convertible securities and scenario analysis.
• Familiarity with risk management systems and trading platforms (Bloomberg, Tradeweb).
• Strong analytical and quantitative data skills; proficiency in Excel and at least one programming language (Python, R, VBA).
• Excellent communication skills and ability to work in a fast-paced, team-oriented environment.
• Commitment to the highest ethical standards.

Responsibilities

• Identify relative value opportunities between convertible bonds, equity, and credit derivatives.
• Execute trades in convertible securities, related equities, and hedges in line with theses and risk parameters.
• Manage positions, assess valuation, liquidity, and market sentiment.
• Conduct quant data analysis on the convertible bond universe, including pricing history.
• Model convertibles across scenarios, analyze credit, rates, volatility, and equity sensitivity.
• Build front-office tools to analyze convert universe data for ideas, optimization, and risk.
• Coordinate with PM and risk team to size positions within risk limits.
• Track P&L drivers daily and provide attribution reports.
• Hedge exposures using equity, credit, and derivatives.
• Collaborate with analysts, traders, and PMs across strategies for insights.
• Maintain relationships with sell-side counterparties to source information and improve execution.

Skills

Python

R

VBA

Excel

Quantitative analysis

Credit markets

Equity derivatives

Education

Bachelor’s degree in finance/economics

Advanced degree or CFA preferred

Tools

Bloomberg terminal

Tradeweb

Job description

Point72 in Stamford, CT, seeks a Trader/Quant Analyst with 3+ years in convertible securities or related derivatives to join our investment team. You will perform relative value analysis, execute trades, and manage risk while building quant tools.

The role requires strong modeling and programming skills (Python or R, Excel) and familiarity with Bloomberg/Tradeweb. Strong communication and ethical standards are essential.