About the role

Aplyr's Quick Take

This role is about leading and building a new back office operations team focused on daily cash reconciliations and operational controls for Point72. You'll be responsible for overseeing reconciliations, resolving issues, and implementing processes to enhance efficiency and compliance. It's a managerial position requiring significant experience in operations within finance.

Good fit

Ideal candidates have over 15 years of operations experience in finance, particularly in hedge funds or asset management, and possess strong leadership skills. A proactive, detail-oriented approach and the ability to collaborate across departments are essential.

Worth noting

This is a founding role for a new team, which means you'll have significant influence over team structure and processes. However, the high level of responsibility and the need for extensive experience may be daunting for less seasoned professionals.

BACK OFFICE OPERATIONS MANAGER

A CAREER WITH POINT72’S BACK OFFICE OPERATIONS TEAM

At Point72, the Back Office Operations team is responsible for the daily reconciliation of all cash balances in Point72’s accounting system to prime brokers on a T+1 basis. The team is responsible for ensuring that all bookings, trade and non-trade related activities are recorded accurately and appropriately. In addition, this team is responsible for reference data maintenance and management.
WHAT YOU’LL DO

• Serve as the founding hire and leader of a newly established reconciliations and operational control function, with full ownership to recruit, develop, and manage a team
• Design and implement a scalable operating model to support a global, fast paced investment organization, including coverage, controls, escalation paths, and service-level standards.
• Own and oversee daily reconciliations; supervise issue investigation and resolution and ensure timely resolution of breaks.
• Establish performance management frameworks, including KPIs, quality metrics, and continuous improvement processes to measure team effectiveness and operational excellence.
• Partner closely with Technology to define requirements, design, test, and deploy system enhancements; improve existing workflows; and build new processes to streamline and automate reconciliations.
• Work closely with prime brokers, custodians, administrators, and other third parties to timely resolve breaks.
• Act as a senior escalation point for complex breaks, working directly with counterparties and internal stakeholders to drive resolution.
• Identify, prioritize, and deliver automation and straight through processing initiatives to improve efficiency, scalability, and control.
• Build strong partnerships across Trading, Compliance, Stock Loan, Legal, Risk, Financial Reporting, Tax, Regulatory Reporting, and Technology to resolve issues and enhance end to end operational outcomes.
• Embed a strong control mindset, ensuring processes meet regulatory, audit, and internal risk management standards.

WHAT’S REQUIRED?

• Bachelor’s degree in finance, Business, Mathematics, or a related field (preferred)
• 15+ years of Operations experience within a hedge fund, asset manager, bank, or fund administrator, including demonstrated leadership and ownership of complex operational functions.
• Strong product knowledge across equities, futures, equity swaps, FX, derivatives, and fixed income instruments.
• Proven experience building, scaling, and managing teams, including hiring, coaching, and performance management.
• Advanced technical aptitude, with the ability to partner effectively with Technology and drive system and process improvements.
• Exceptional problem solving, analytical, and critical thinking skills, with the ability to operate with urgency and sound judgment.
• Strong time management and prioritization skills in a high volume, deadline driven environment.
• Highly detail oriented, proactive, and self directed, with a strong sense of ownership and accountability.
• Hands-on leader capable of operating at different organizational levels
• Excellent written, verbal, and interpersonal communication skills, with the ability to influence across functions and levels.
• Advanced proficiency in Excel and the MS Office Suite.
• Commitment to the highest ethical standards

WE TAKE CARE OF OUR PEOPLE

We invest in our people, their careers, their health, and their well-being. When you work here, we provide:
• Health care benefits
• Maternity, Adoption & Related Leave policies
• Generous paternity and family care leave policies
• Employee Assistance Program & Mental wellness programs
• Transportation support
• Tuition assistance

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 industry’s brightest talent by cultivating an investor-led culture and committing to our people’s long-term growth. For more information, visit https://point72.com/.

Skills & Tags

ai data product design

Aplyr's read

Point72 is a global asset management firm known for its multi-strategy investing and rigorous analyst programs, attracting driven professionals in finance and technology.
Synthesized from recent postings & public sources

What's promising

•Point72's multi-strategy approach offers diverse investment exposure and learning opportunities.
•The firm invests heavily in technology, providing cutting-edge tools for employees.
•Point72 Academy programs are renowned for developing top-tier investment professionals.

What to watch

•The firm's high-performance culture may lead to intense work pressure.
•Regulatory scrutiny is a constant concern due to past controversies.
•Limited public information about work-life balance and employee satisfaction.

Why Point72

•Point72 manages the personal capital of founder Steven A. Cohen.
•The firm combines traditional and quantitative strategies in its investment approach.
•Point72 offers specialized roles in macro technology and quantitative analysis.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Point72

Point72

point72.com

View company

Point72 Asset Management is a global asset management firm that manages the capital of its founder, Steven A. Cohen, and certain employees. The firm employs a multi-strategy approach to investing, focusing on long/short equity, macroeconomic trends, and quantitative strategies.