A Career with Point72's Macro Team
Point72’s Global Macro business is a scaled, global investment platform with more than two decades of experience trading across rates, FX, credit, volatility, and emerging markets. Operating across 10 offices worldwide, we have doubled our capital allocation and grown our number of teams fivefold since 2020. We combine deep asset-class expertise with a highly collaborative culture across macro, fundamental equities, and systematic strategies to drive differentiated investment performance and support long-term career growth for our talent.
WHAT YOU'LL DO
- Generate trade ideas across liquid U.S. convertible securities through bottom-up fundamental research
- Develop credit opinions by analyzing businesses and capital structures across loans, bonds, and credit default swaps
- Build financial models to assess issuer fundamentals and relative value across distressed, high-yield, and high-grade credit markets
- Review transaction documentation to identify risks and protections that inform convertible and broader credit investment decisions
- Synthesize market information across sectors to uncover thematic opportunities and translate insights into actionable trade recommendations
- Form differentiated investment views that challenge consensus and clearly articulate conviction behind those ideas
- Monitor existing positions by tracking news flow, fundamental developments, and supply dynamics that may affect investment views
- Communicate research conclusions clearly, including key risks, relative value considerations, and factors that could affect the investment thesis
WHAT'S REQUIRED
- 1+ years of experience conducting credit research on the buy-side or sell-side
- Interest in public markets and trading, with a focus on applying research to investment decisions
- Strong fundamental credit research skills, including financial modeling and relative value analysis
- Familiarity with credit securities, including bonds, convertible bonds, and credit default swaps
- Comfort working through uncertainty and expressing conviction in investment views
- Desire to take compliant investment risk and accountability for research-driven decisions
- Self-motivated, team-oriented approach with strong collaboration skills
- 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:
- Fully paid health care benefits
- Generous parental and family leave policies
- Volunteer opportunities
- Support for employee-led affinity groups representing women, people of color and the LGBT+ community
- Mental and physical wellness programs
- Tuition assistance
- A 401(k) savings program with an employer match and more
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. For more information, visit https://point72.com/.
Skills Required
- At least 1 year of experience conducting credit research on the buy-side or sell-side
- Interest in public markets and trading
- Strong fundamental credit research skills
- Financial modeling experience
- Relative value analysis experience
- Familiarity with bonds, convertible bonds, and credit default swaps
- Ability to work through uncertainty and express conviction in investment views
- Ability to take compliant investment risk and accept accountability for research-driven decisions
- Self-motivated, team-oriented approach with strong collaboration skills
- Commitment to the highest ethical standards
Point72 Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Point72 and has not been reviewed or approved by Point72.
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Healthcare Strength — Healthcare coverage is described as exceptional with comprehensive options and low out-of-pocket costs. Medical, dental, and vision are characterized as fully covered or no-premium for U.S. employees.
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Retirement Support — The 401(k) program features a generous employer match and access to after-tax contributions with in-plan Roth conversions. Value accrues through a multi-year vesting schedule that rewards tenure.
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Parental & Family Support — Parental and family leave is highlighted as generous and has strengthened over time. Clear primary and secondary caregiver policies are in place and seen as competitive.
Point72 Insights
What We Do
Point72 Asset Management is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide. Resting on more than a quarter-century of investing experience, we seek to be the industry’s premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry’s brightest talent. We’re inventing the future of finance by revolutionizing how we develop our people and how we use data to shape our thinking. For more information, visit www.Point72.com/working-here.
