About the role
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.
JOB RESPONSIBILITIES
The internal alpha capture (IAC) team is focused on developing and implementing scalable long/short equity investment strategies that leverage insights from discretionary portfolio managers and analysts, using sophisticated risk management, portfolio construction and execution techniques.
This is an opportunity for students and researchers in quantitative finance, behavioral finance, and statistics to apply these techniques to solve niche practical investment challenges specific to a platform of equity portfolio managers. Specific responsibilities will include:
- End-to-end quantitative research project management including data exploration, cleaning and management, research hypothesis testing based on economic rationale, statistical/regression modeling, realistic simulation analysis, and presentation of results to the broader group.
DESIRABLE CANDIDATES
- Undergraduate, Masters, or PhD candidates or higher in finance, computer science, mathematics, or other quantitative discipline
- Strong analytical and quantitative skills, particularly related to quantitative equity investing
- Sound economic intuition when it comes to validating investment hypotheses
- Solid regression modeling foundations (linear, ridge, logit, etc.)
- Familiarity with fundamental data (estimates, actuals) and databases (compustat, ibes)
- Familiarity with commercial factor models (Barra, Axioma, etc.)
- Strong python skills, particularly in data manipulation and regression modeling
- Familiarity with SQL and version control (GIT)
- Commitment to the highest ethical standards
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.
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 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.