Full-Time

Quantitative Developer

Updated on 12/6/2024

Point72

Point72

201-500 employees

Global asset management and investment strategies

Quantitative Finance
Financial Services

Compensation Overview

$175k - $300kAnnually

+ Bonus

Mid

New York, NY, USA

Category
Algorithm Development
Quantitative Research
Quantitative Finance
Software Engineering
Required Skills
Python
SQL
Data Analysis
Requirements
  • Undergraduate, Masters, or PhD in Computer Science or other quantitative discipline
  • 3+ years of professional experience developing infrastructure to support an investment team
  • Strong programming skills in Python and SQL
  • Solid background in math/statistics/finance and familiarity with quantitative research methodologies and machine learning algorithms
  • Understanding of and experience with the data ingestion process
  • Ability to contribute to the analytics, quant research, and development process
  • Understanding of portfolio construction is a plus
  • Knowledge of equities is a plus
  • High-energy personality and the ability to manage multiple tasks and deadlines in a fast-paced environment
  • High degree of drive – must be a self-starter
  • Ability to recognize and seize opportunities
  • Depth of skills enabling him/her to perform ad hoc projects and tasks with fast turnover
  • Ability to communicate clearly and concisely
  • Ability to work cooperatively with all levels of staff and to thrive in a team-oriented environment
  • A commitment to the highest ethical standards and to act with professionalism and integrity
Responsibilities
  • Architect, build, refine, and increase automation and robustness of the research infrastructure, including data access, risk modeling, and backtesting components
  • Collaborate with quant researchers to implement framework for automating and presenting analytics, reports, and monitors
  • Collaborate with firm-wide technology teams to deliver analytics and tools to users across the firm

Point72 is an asset management firm that focuses on various investment strategies, including discretionary long short equity, systematic investing, and macro strategies. The firm also invests in private markets, aiming to create a diverse portfolio for its clients. Point72 identifies investment opportunities across different asset classes and regions, which allows it to generate returns for a wide range of clients, such as institutional investors, high-net-worth individuals, and family offices. What sets Point72 apart from its competitors is its commitment to aligning its success with that of its clients through management fees and performance-based incentives. The firm also emphasizes a culture of excellence and continuous learning, while actively engaging in ESG (Environmental, Social, and Governance) initiatives. The goal of Point72 is to deliver superior investment returns while fostering a supportive community and promoting responsible investing.

Company Stage

Private

Total Funding

$908M

Headquarters

Stamford, Connecticut

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • The rise of AI-driven strategies benefits Point72's systematic investing approach.
  • Growing private market investments align with Point72's expansion strategy.
  • Fintech expansion offers Point72 opportunities to enhance efficiency and client engagement.

What critics are saying

  • Increased competition for talent in the asset management industry.
  • Potential valuation challenges in private market investments.
  • Regulatory scrutiny due to Steven A. Cohen's high-profile ownership of the New York Mets.

What makes Point72 unique

  • Point72 leverages a multi-strategy approach, including discretionary, systematic, and macro investing.
  • The firm has a strong global presence with offices in major financial hubs.
  • Point72's commitment to ESG practices enhances its appeal to socially conscious investors.

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Benefits

Fully-paid health care benefits

Generous parental and family leave policies

Mental and physical wellness programs

Volunteer opportunities

Non-profit matching gift program

Support for employee-led affinity groups representing women, minorities and the LGBT+ community

Tuition assistance

A 401(k) savings program with an employer match and more