Trader/Quant Analyst

Point72; Town of Stamford (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Broughton Group is seeking a highly motivated Trader/Quant Analyst for its investment team in the Town of Stamford, NY. The ideal candidate should have at least 3 years of experience in convertible bonds and strong quant data analysis skills.

This role involves executing trades, risk management, and conducting data analysis to ensure profitable investment opportunities. A Bachelor's degree in finance or related fields is required, with CFA preferred. If you possess strong analytical skills and a commitment to ethical standards, we encourage you to apply.

Qualifications

• 3+ years of experience in convertible bond trading with a quant/programming skillset.
• Strong analytical and quantitative data skills; proficiency in Excel and at least one programming language.
• Excellent communication skills and ability to work in a fast-paced, team-oriented environment.

Responsibilities

• Identify relative value opportunities between convertible bonds and related instruments.
• Execute trades in convertible securities while managing risks accordingly.
• Conduct in-depth quant data analysis on the convertible bond universe.

Skills

Trading

Quantitative analysis

Data analysis

Risk management

Communication

Team collaboration

Education

Bachelor's degree in finance, economics, mathematics, engineering, 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.