Job summary
Job post source
This job is directly from Point72
Job overview
The Quantitative Researcher, Portfolio Research at Point72 focuses on quantitative portfolio optimization, risk control, and transaction cost analysis to enhance portfolio performance and alpha generation.
Responsibilities and impact
The role involves conducting alpha, risk, and transaction cost research, monitoring portfolio performance to identify opportunities for alpha research and risk control, and collaborating with engineers to develop portfolio simulation and analysis tools.
Compensation and benefits
The annual base salary ranges from $200,000 to $300,000 USD, excluding discretionary bonuses and a comprehensive benefits package, with compensation varying based on location, experience, education, and skills.
Experience and skills
Candidates should have 3+ years of mid-frequency trading experience, deep knowledge of portfolio optimization techniques such as mean-variance optimization, risk budgeting, transaction cost models, and factor-neutral construction, along with strong intuition for portfolio-level risks and data engineering capabilities.
Work environment and culture
The role requires a commitment to the highest ethical standards, indicating a culture valuing integrity and professionalism.
Unique job features
The position uniquely combines quantitative research with portfolio optimization and risk control, emphasizing collaboration with engineers to build advanced simulation tools.
Company overview
Point72 is a global asset management firm that primarily focuses on managing the assets of its founder, Steven A. Cohen, along with those of its employees and select external clients. The firm employs a multi-strategy approach, investing across a variety of asset classes including equities, fixed income, and commodities, utilizing both fundamental and quantitative analysis. Founded in 2014, Point72 evolved from SAC Capital Advisors, which was restructured following legal challenges. The company is headquartered in Stamford, Connecticut, and is known for its rigorous research processes and commitment to leveraging technology and data analytics in investment decision-making.
How to land this job
Position your resume to highlight expertise in quantitative portfolio optimization, risk control, and transaction cost analysis, reflecting the core responsibilities at Point72.
Emphasize experience with mid-frequency trading and mastery of portfolio optimization techniques such as mean-variance optimization, risk budgeting, and factor-neutral construction.
Showcase your ability to collaborate with engineers on building portfolio simulation and analysis tools, demonstrating both quantitative and technical skills.
Apply through multiple platforms including Point72's official careers page and LinkedIn to maximize your application visibility.
Connect with current Point72 quantitative researchers or portfolio analysts on LinkedIn, using ice breakers like commenting on recent research publications or asking about their approach to real-time risk monitoring.
Optimize your resume for ATS by incorporating keywords from the job description like 'alpha research,' 'transaction cost models,' 'portfolio optimization,' and 'risk budgeting' to ensure it passes automated screenings.
Leverage Jennie Johnson's Power Apply feature to automate tailored applications, identify optimal application channels, and discover relevant LinkedIn contacts, saving you time and boosting your job search efficiency.
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