At a Glance
- Tasks: Oversee trading processes and execute trades in global markets.
- Company: Join a leading quantitative portfolio management team at Point72.
- Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
- Other info: Collaborative culture with a focus on ethical standards and innovation.
- Why this job: Take a leading role in systematic trading and make impactful decisions.
- Qualifications: 2+ years in algorithmic trading and strong quantitative skills required.
The predicted salary is between 60000 - 80000 £ per year.
An established quantitative portfolio management team at Point72 is looking for an experienced trader to oversee the team’s trading process, contribute to its core business, and develop new areas of expertise. This is an opportunity for candidates with expertise in systematic trading to take on a leading role on the front lines of the team’s investment process.
Responsibilities
- Oversight of international equities and macro systematic trading during European hours and provide backup coverage during US morning.
- Execute trades in rates instruments across global OTC markets.
- Build relationships and negotiate trades with liquidity partners to achieve best execution.
- Monitor and support portfolio construction, execution, connectivity, and related processes.
- Help conduct post-trading execution and transaction cost analysis and suggest ways to improve.
- Support the international implementation of internally developed algorithms and help monitor them for any trading issues.
Requirements
- 2+ years of work experience in algorithmic trading and exposure to systematic macro strategies, ideally with experience in futures, fixed income, FX, and exchange‑traded global equities.
- Undergraduate or higher degree in computer science, statistics, applied mathematics, engineering, or other quantitative discipline.
- Familiarity with SQL and Python.
- Familiarity with vendor trading platforms including Tradeweb and Bloomberg.
- Detail‑oriented and vigilant about potential operational risks.
- Strong quantitative skills and sensitivity to numbers.
- Commitment to the highest ethical standards.
Trader employer: Dormont Manufacturing Co
At Point72, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our traders to excel in their roles. With a strong emphasis on employee growth, we offer extensive training and development opportunities, ensuring that our team members are equipped with the latest skills in systematic trading. Located in a vibrant financial hub, our firm provides a collaborative environment where innovative ideas thrive, making it an exceptional place for those seeking meaningful and rewarding careers in trading.
StudySmarter Expert Advice🤫
We think this is how you could land Trader
✨Tip Number 1
Network like a pro! Reach out to your connections in the trading world, especially those who work at firms like Point72. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Show off your skills! Prepare a portfolio that highlights your algorithmic trading successes and any innovative strategies you've implemented. This will give you an edge during interviews and show that you're ready to hit the ground running.
✨Tip Number 3
Stay updated on market trends! Follow financial news and join trading forums to keep your knowledge fresh. Being able to discuss current events and their impact on trading will impress potential employers.
✨Tip Number 4
Apply through our website! We make it easy for you to find roles that match your skills. Plus, applying directly shows your enthusiasm and commitment to joining our team.
We think you need these skills to ace Trader
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in algorithmic trading and systematic macro strategies. We want to see how your skills align with the role, so don’t be shy about showcasing your expertise in futures, fixed income, FX, and equities.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about trading and how your background makes you a perfect fit for our team. We love seeing candidates who can articulate their thoughts clearly and show genuine interest in the role.
Show Off Your Technical Skills:Don’t forget to mention your familiarity with SQL and Python in your application. We’re looking for someone who can hit the ground running, so any projects or experiences that demonstrate your technical prowess will definitely catch our eye!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy to do!
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Numbers
As a trader, your quantitative skills are crucial. Brush up on your knowledge of algorithmic trading, systematic macro strategies, and the specific instruments mentioned in the job description. Be ready to discuss how you've applied these skills in past roles.
✨Familiarise with Trading Platforms
Make sure you’re comfortable with vendor trading platforms like Tradeweb and Bloomberg. If you’ve used them before, prepare examples of how you leveraged these tools to enhance trading efficiency or execution quality.
✨Demonstrate Ethical Standards
Point72 values high ethical standards, so be prepared to discuss how you’ve navigated ethical dilemmas in trading. Share specific instances where you prioritised integrity over profit, showcasing your commitment to ethical trading practices.
✨Prepare for Technical Questions
Expect technical questions related to SQL and Python, as well as scenario-based questions about trade execution and portfolio management. Practise explaining your thought process clearly and concisely, as this will demonstrate your analytical abilities and problem-solving skills.
