Full-Time

Daily Fund Reconciliation Associate

Confirmed live in the last 24 hours

Point72

Point72

201-500 employees

Global asset management and investment strategies

Mid, Senior

Company Historically Provides H1B Sponsorship

Stamford, CT, USA

Category
Asset Management
Risk Management
Finance & Banking
Required Skills
Bloomberg
Excel/Numbers/Sheets
Requirements
  • 3+ years of relevant work experience
  • Superior problem solving and analytical skills with an assertive approach to resolving problems
  • A thorough and organized self-starter with strong attention to detail
  • Strong time management and prioritization skills
  • Ability to work independently as well as part of a team
  • Excellent communication skills, both written and verbal
  • The ability to excel in a fast-paced environment
  • Sound professional judgment and discretion with sensitive information
  • Some knowledge of U.S. markets, Bloomberg, and financial products
  • Some knowledge of corporate actions
  • Understanding of general accounting principals
  • Proficiency in Excel and MS Office Suite
  • Experience with Geneva and reconciliation tools
  • Commitment to the highest ethical standards
Responsibilities
  • Supervise reconciliations and help troubleshoot issues
  • Support the daily reconciliation of accounts across all product areas including equities, futures, equity swaps, FX, OTC derivatives, and collateral
  • Support Point72’s Fund Administrator relationship and assist in resolving breaks, troubleshooting issues, and identifying areas to improve processes
  • Create efficiencies and drive process improvements in all aspects of DFA
  • Investigate differences between Geneva and Point72 Prime Brokers/clearing counterparties and work with the reconciliation team and fund administrator to resolve accordingly
  • Ensure timely and accurate recording of non-trade related income and expenses in Geneva
  • Partner with internal teams to investigate and resolve trade and P&L discrepancies
  • Help drive the month end close process by ensuring that Geneva is accurate for month end reporting
  • Perform ad hoc project work as needed

Point72 is an asset management firm that focuses on various investment strategies, including discretionary long short equity, systematic investing, and macro investing. The firm identifies investment opportunities across different asset classes and regions to generate returns for its clients. Point72 serves a wide range of clients, such as institutional investors, high-net-worth individuals, and family offices, and operates in major financial centers around the world. A key aspect of Point72's approach is its alignment of interests, as it earns revenue through management fees and performance incentives based on client success. Additionally, the firm emphasizes a culture of excellence and continuous learning, while also committing to Environmental, Social, and Governance (ESG) initiatives.

Company Size

201-500

Company Stage

Private

Total Funding

$937.2M

Headquarters

Stamford, Connecticut

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Point72's investment in Netradyne highlights its focus on AI-driven technologies.
  • The firm's ESG efforts align with the growing demand for sustainable investment options.
  • Expansion into private credit markets offers diversification and new growth opportunities.

What critics are saying

  • Increased competition in AI investments could divert interest from Point72's AI portfolio.
  • Talent retention challenges may arise following the departure of key executives.
  • Investment in volatile sectors like entertainment could expose Point72 to financial risks.

What makes Point72 unique

  • Point72 leverages diverse strategies, including discretionary long/short equities and macro investing.
  • The firm operates in major financial hubs like New York, London, and Hong Kong.
  • Point72 aligns its success with clients through performance-based incentives and management fees.

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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

Company News

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Jan 21st, 2025
Ai Startups: Mistral Plans Ipo; Harvey Eyes $3 Billion Valuation

Mistral AI, France’s open-source answer to OpenAI, plans to go public instead of being acquired. “We are not for sale,” CEO and co-founder Arthur Mensch told Bloomberg TV Tuesday (Jan. 21). There had been speculation that the startup would be acquired by Microsoft, in part due to a partnership and the tech giant’s investment of 15 million euros ($15.6 million) in Mistral. (Microsoft has invested nearly $14 billion in OpenAI.)

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Netradyne, which provides AI-enabled dashcams to fleet owners like Amazon, raised a $90M Series D led by Point72 at a pre-money valuation of $1.25B (Rebecca bellan/techcrunch).

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Point72 hired Ilya Gaysinskiy, a partner who worked in Goldman's now-defunct consumer division, as its CTO.