Full-Time

Junior Discretionary Trader

Updated on 1/21/2025

Squarepoint Capital

Squarepoint Capital

501-1,000 employees

Global investment manager specializing in quantitative strategies

Data & Analytics
Quantitative Finance
Financial Services

Compensation Overview

$60kAnnually

+ Discretionary Bonuses

Entry, Junior

London, UK + 1 more

More locations: New York, NY, USA

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
Operations Research
Requirements
  • Recent, or soon to be graduate, with relevant course work, internship, or other applicable experience or knowledge
  • Bachelor’s degree in a quantitative or related field such as Mathematics, Statistics, Econometrics, Engineering, Operations Research, Computer Science, Physics, Economics, Finance
  • Strong communication skills with the ability to collaborate with teammates globally
  • Strong sense of urgency with the ability to work well in a fast-paced environment
  • Programming skills essential, with at least one major programming or scripting language, strong preference for Python.
Responsibilities
  • Collaborate with senior traders and quantitative researchers to structure and evaluate new trading opportunities
  • Generate PnL tracking and attribution reports based on trade ideas
  • Monitor and analyze portfolio performance to generate risk reports
  • Hedge books and allocate hedges appropriately
  • Execute large or complex trades which cannot be automated due to complexity or liquidity constraints.

Squarepoint Capital specializes in managing investments using quantitative and systematic strategies. The firm builds diversified portfolios that span various asset classes and trading frequencies across global markets. By leveraging advanced technology and a comprehensive data platform, Squarepoint Capital makes informed investment decisions based on thorough research, aiming to deliver strong returns for its clients. Unlike many competitors, Squarepoint focuses on systematic trading and data-driven approaches, which allows for a more structured investment process. The company's goal is to provide high-quality returns to a diverse range of institutional investors, including pension funds and sovereign wealth funds, while fostering a collaborative work environment that promotes continuous learning and professional development.

Company Stage

N/A

Total Funding

$1.1B

Headquarters

London, United Kingdom

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in ESG investing expands opportunities for Squarepoint's quantitative strategies.
  • Advancements in machine learning enhance Squarepoint's systematic trading performance.
  • Thematic investing trends allow Squarepoint to develop specialized strategies in technology and healthcare.

What critics are saying

  • Increased competition from other quant funds hiring top talent.
  • Potential over-reliance on systematic strategies may hinder adaptation to sudden market changes.
  • Regulatory scrutiny on quantitative trading practices could impact operations.

What makes Squarepoint Capital unique

  • Squarepoint Capital excels in quantitative and systematic investment strategies across global markets.
  • The firm utilizes advanced technology and data platforms for high-quality returns.
  • Squarepoint Capital fosters a collaborative environment encouraging continuous learning and innovation.

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