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.
Top Skills
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.
