Point72 Trader/Quant Analyst at Point72 combines trading and quantitative analysis to identify and execute profitable opportunities in convertible securities. The role involves modeling, risk management, and building front-office analytical tools.
Responsibilities
Identify relative value opportunities between convertible bonds, underlying equity, and credit derivatives
Execute trades in convertible securities, related equities, and hedges
Manage existing positions assessing valuation, liquidity, and market sentiment
Conduct quant data analysis on convertible bond universe
Model and evaluate convertible securities across multiple scenarios
Build front-office tools for idea generation, trade optimization, and risk management
Coordinate with portfolio manager and risk team to size positions and adhere to risk limits
Track and analyze P&L drivers and provide attribution reports
Hedge exposures dynamically using equity, credit, and derivative instruments
Work closely with analysts, traders, and portfolio managers to share insights
Maintain relationships with sell-side counterparties and market participants
Qualification
Bachelor’s degree in financeStrong understanding of credit marketsAdvanced degreeCFA
Required
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.
