About the role

Aplyr's Quick Take

This role is for a Credit Research Analyst focused on liquid credit within a macro investment team. You'll be conducting in-depth credit research, analyzing various credit markets, and developing investment strategies based on your findings. It's primarily an individual contributor role with a strong emphasis on financial modeling and market analysis.

Good fit

Ideal candidates have 3-6 years of experience in credit research or trading, with a solid grasp of financial modeling and credit agreements. A proactive, entrepreneurial mindset and the ability to form independent investment views will help you thrive here.

Worth noting

The position requires strong engagement with external parties like sell-side research and company management, which may not be typical for all credit analyst roles. The emphasis on developing contrarian viewpoints could be a red flag for those who prefer consensus-driven environments.

ROLE

We're seeking an investment analyst to join a discretionary macro team focused on liquid credit.

RESPONSIBILITIES

Conduct rigorous fundamental bottom up credit research to identify attractive long/short investment opportunities. This will entail credit analysis, financial modelling, documentation reviews, etc.
Analyze businesses and capital structures (loans, bonds, CDS) across Distressed, High Yield, and High Grade credit markets and develop credit opinions.
Synthesize market information and develop thematic trade ideas across sectors.
Develop differentiated investment views from consensus and push conviction or contrarian viewpoints.
Monitor existing positions, including news-flow, fundamental developments, and supply.
Engage and maintain external relationships (sell-side research, syndicate, company management, ratings agencies) to develop views on issuers.

REQUIREMENTS

3-6 years of experience in credit research or trading on the buy-side or sell-side, ideally as a desk analyst or trader.
Experience building full three statement models (forward/backward), including all key KPIs.
Direct experience reviewing credit agreements and bond indentures in order to understand corporate balance sheet flexibility.
Prior industry specific focus and experience preferred.
Entrepreneurial mindset.
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.

Skills & Tags

go ai

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.