Point72 Careers

2024 Summer Internship - Trading Desk


PayCompetitive
LocationStamford/Connecticut
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 6937918002

      A Career with Point72’s Trading Desk
      Point72’s U.S. Trading Desk is comprised of long/short equity and derivatives execution traders who support the f irm’s multi-manager platform of investment professionals. Trading is important to a wide variety of the f irm’s stakeholders including but not limited to investment professional teams, external investors, investment services teams, Risk, and Compliance. If you are interested in pursuing a career in trading at a premier asset management firm, this role will provide you with unparalleled training and experience. We are looking for someone who is highly proficient, articulate, detail-oriented, and eager to be an important part of the financial markets.

      About the Trading Desk Internship
      If you are interested in pursuing a career in trading at an investment firm, the 10-week Trading internship at Point72 provides individuals with a valuable experience. As an intern with our Trading Team in Stamford, CT , you will gain exposure to and build your knowledge base on supporting our U.S. team by:

      • Curating daily research reports from relevant news
      • Executing trading floor procedures so that flow of trade information from portfolio management to the various sponsors is accurate and efficient
      • Monitoring market shifts and inform rest of team
      • Entering and monitoring orders and communicating with brokers
      • Understanding potential risk areas and preventing trade or operational errors
      • Relaying information to/from trading counterparties
      • Interacting with various Firm systems and making suggestions for process improvements
      • Monitoring price movements, volume, and trading flows
      • Affirming all daily trading activity with executing brokers
      • Reviewing daily PnL to ensure reported results are consistent with market movements
      • Monitoring changes in market
      • Reviewing all positions to ensure they are booked accurately
      • Investigating any trade discrepancies
      • L iaise with Operations Team to resolve any trade booking and settlement inquiries

      Summer Internship Program at Point72

      In addition to the learning and development you’ll receive in your day-to-day role with your team, as a part of our summer internship program you will:

      • Work alongside your fellow interns and be mentored by experienced professionals
      • Meet your peers through designated intern programming, volunteer opportunities, and social events
      • Attend sessions with senior leaders discussing their expertise and career paths
      • Get hands-on access to best-in-class tools and resources
      • Gain exposure to groups and functions with unique responsibilities and perspectives on our industry
      • Develop technical, writing, and presentation skills
      • Participate in networking opportunities across the irm, with groups such as Trading, Finance, Trade Support, Compliance, and Technology

      What's required

      • Expected Bachelor’s degree (Fall 2024 or Spring 2025)
      • Knowledge of the Trading trends and products, particularly around Interest Rates, FX, and Commodities
      • Ability to manage multiple tasks and deadlines in a fast-paced environment
      • Strong attention to detail
      • Strong analytical, writing, verbal communication, and technical skills
      • Demonstrated ability to work cooperatively with all levels of the team
      • Conduct yourself with professionalism and integrity at all times
      • Commitment to the highest ethical standards

      About Point72
      Point72 is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide. Resting on more than a quarter-century of investing experience, we seek to be the industry’s premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry’s brightest talent. We’re inventing the future of finance by revolutionizing how we develop our people and how we use data to shape our thinking. For more information, visit www.Point72.com/working-here .

  • About the company

      Point72 Asset Management, LP, is an American hedge fund.

Notice

Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at accessibility@talentify.io or 407-000-0000.

Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility.

An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report. NYC applicants may request an alternative process or accommodation at aedt@talentify.io or 407-000-0000.