Point72 Asset Management, L.P. has an opening for an IAC Researcher in New York, New York. Conduct and manage quantitative finance alpha research from diverse data sources to provide accurate stock return forecasts. Build and implement profitable quantitative equity investment models. Assist with generating trading strategies. Conduct research on and analyze large data sets. Gather investment thesis and author quantitative research reports and present research results to management and other team members. Collaborate with other members of the team (including developers and other researchers) in the full life-cycle R&D process from idea generation, data preparation, model building, implementation and production deployment. Play significant role in the design, building and maintenance of the team’s research and trading infrastructure and systems. This position is hybrid; may work at home up to 2 days per week.
Must possess at least a master’s degree or its equivalent in Computational Finance, Financial Engineering, Statistics, Mathematics, Operations Research, Computer Science, or a related STEM field and at least 5 years of experience as a Quantitative Researcher or in a related role at a financial services institution. Must also possess at least 5 years of experience with the following: developing, researching, and implementing quantitative models for options on behalf of a financial service institution; programming/utilizing KDB and Python; performing statistical analysis of historical data gathered from financial markets to build quantitative models; conducting independent research utilizing large data sets; volatility surfaces and options volume forecasting models; and hedging and risk management for options portfolios.
Approximately 40 hours per week; the salary range for this position is from $200,000 to $400,000 per year. Any person who is interested in this position may apply to the following for consideration: Send your resume to svcRecruiting@Point72.com and reference Job Code W102026Y.