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 RESPONSIBILITIESThe 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.
- 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
Skills Required
- Undergraduate, Masters, or PhD in finance, computer science, mathematics, or a quantitative discipline
- Strong analytical and quantitative skills
- Familiarity with fundamental data and databases
- Strong python skills in data manipulation and regression modeling
- Familiarity with SQL and version control (GIT)
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.
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