Convertible Bond Quant Trader & Data Strategist

Point72; New York (NY); On-site; USD 135,000 - 165,000; Full time

Job summary

Point72 in New York seeks a Trader/Quant Analyst with 3+ years in convertible securities and related derivatives. The role blends active trading, risk management, and rigorous data analysis to identify profitable opportunities and support investment theses.

You will build front-office tools for the convert universe, assess valuation scenarios, monitor P&L drivers, and collaborate with traders and risk teams to size positions within risk limits.

Qualifications

• 3+ years in convertible bond trading with a quant/programming skillset.
• Strong understanding of credit markets and bond math.
• Proficiency in modeling convertible securities and scenario analysis.

Responsibilities

• Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives.
• Execute trades in convertible securities, related equities, and hedges in alignment with investment theses and risk parameters.
• Manage existing positions proactively, assessing changes in valuation, liquidity, and market sentiment.
• Conduct in-depth quant data analysis on the convertible bond universe, including historical pricing and valuation.
• Model and evaluate convertible securities across multiple scenarios, analyzing risks related to credit, interest rates, volatility, and equity sensitivity.
• Build front-office tools to analyze convert universe data for idea generation, trade optimization, and risk management.
• Coordinate with the portfolio manager and risk team to size positions appropriately and adhere to pre-defined risk limits.
• Track and analyze P&L drivers on a daily basis and provide attribution reports.
• Hedge exposures dynamically using equity, credit, and derivative instruments.
• Work closely with other analysts, traders, and portfolio managers across strategies to share insights and generate synergies.
• Maintain strong relationships with sell-side counterparties and market participants to source information and enhance trade execution.

Skills

Quantitative analysis

Convertible bonds experience

Trading experience

Team collaboration

Education

Bachelor’s degree in finance, economics, mathematics, engineering, or related field

CFA preferred

Tools

Python

R

VBA

Excel

Bloomberg

Tradeweb

Job description

Point72 in New York seeks a Trader/Quant Analyst with 3+ years in convertible securities and related derivatives. The role blends active trading, risk management, and rigorous data analysis to identify profitable opportunities and support investment theses.

You will build front-office tools for the convert universe, assess valuation scenarios, monitor P&L drivers, and collaborate with traders and risk teams to size positions within risk limits.