Trader/Quant Analyst

Point72 Asset Management, L.P; Stamford (CT); On-site; USD 100,000 - 150,000; Full time

Job summary

A leading global alternative investment firm is seeking a Trader/Quant Analyst to join its investment team. The role demands at least 3 years of experience in convertible securities, along with strong quantitative analysis skills. Responsibilities include executing trades, analyzing data, and managing risks. Candidates should possess a Bachelor's degree in finance or a related field, and proficiency in trading platforms such as Bloomberg. Excellent communication and analytical skills are essential.

Qualifications

• 3+ years of experience in convertible bond trading with a quant/programming skillset.
• Strong understanding of credit markets, bond math, equity derivatives, and volatility analysis.
• Excellent communication skills and ability to work in a fast‑paced, team‑oriented environment.

Responsibilities

• Identify relative value opportunities between convertible bonds and underlying equities.
• Execute trades in convertible securities aligned with investment theses.
• Conduct in‑depth quant data analysis on the convertible bond universe.

Skills

Quantitative analysis

Trading strategies

Data analysis

Risk management

Communication

Education

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

Advanced degree or CFA preferred

Tools

Bloomberg

Tradeweb

Excel

Python

R

VBA

Job description

Summary:

We are seeking a highly motivated and detail‑oriented Trader/Quant Analyst with a strong background in trading and data analysis to join our investment team. The ideal candidate will have at least 3 years of experience in convertible securities (or equity/FX/rates derivatives), relative value trading strategies, and quant data analysis. The role will combine active trading and risk management and quantitative analysis to identify and execute profitable opportunities in the convertible space.

Role/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.

Requirements:

• Bachelor’s degree in finance, economics, mathematics, engineering, or related field; advanced degree or CFA preferred.
• 3+ years of experience in 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 (e.g., Bloomberg, Tradeweb).
• Strong analytical and quantitative data skills; proficiency in Excel and at least one programming language (Python, R, VBA) is required.
• Excellent communication skills and ability to work in a fast‑paced, team‑oriented environment.
• Commitment to the highest ethical standards.

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.