Trader/Quant Analyst
AI in this role
Summary
We are seeking a highly motivated and detail-oriented Trader/Quant Analyst with a strong background in trading and data analysis to join our investment team. The ideal candidate will have at least 3 years of experience in convertible securities (or equity/FX/rates derivatives), relative value trading strategies, and quant data analysis. The role will combine active trading and risk management and quantitative analysis to identify and execute profitable opportunities in the convertible space.
Role/Responsibilities:
- Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives.
- Execute trades in convertible securities, related equities, and hedges in alignment with investment theses and risk parameters.
- Manage existing positions proactively, assessing changes in valuation, liquidity, and market sentiment.
- Conduct in-depth quant data analysis on the convertible bond universe, including historical pricing and valuation.
- Model and evaluate convertible securities across multiple scenarios, analyzing risks related to credit, interest rates, volatility, and equity sensitivity.
- Build front-office tools to analyze convert universe data for idea generation, trade optimization, and risk management.
- Coordinate with the portfolio manager and risk team to size positions appropriately and adhere to pre-defined risk limits.
- Track and analyze P&L drivers on a daily basis and provide attribution reports.
- Hedge exposures dynamically using equity, credit, and derivative instruments.
- Work closely with other analysts, traders, and portfolio managers across strategies to share insights and generate synergies.
- Maintain strong relationships with sell-side counterparties and market participants to source information and enhance trade execution.
Requirements:
- Bachelor’s degree in finance, economics, mathematics, engineering, or related field; advanced degree or CFA preferred.
- 3+ years of experience in convertible bond trading with a quant/programming skillset.
- Strong understanding of credit markets, bond math, equity derivatives, and volatility analysis.
- Proficiency in modeling convertible securities and scenario analysis.
- Familiarity with risk management systems and trading platforms (e.g., Bloomberg, Tradeweb).
- Strong analytical and quantitative data skills; proficiency in Excel and at least one programming language (Python, R, VBA) is required.
- Excellent communication skills and ability to work in a fast-paced, team-oriented environment.
- Commitment to the highest ethical standards.
How we rate this
Trader/Quant Analyst at Point72 rates 35 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Open the description and count.
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