Equity Quantitative Researcher at Point72 (New York, NY)

Point72 · New York, NY·5d ago

Job description

Perform rigorous and innovative research to discover systematic anomalies in equity market
End-to-end development: alpha idea generation, data processing, strategy backtesting, optimization and production implementation
Identify and evaluate new datasets for stock return predictions
Maintain and improve the portfolio trading in production environment

MS or PhD in physics, engineering, statistics, applied math, quantitative finance or other quantitative fields with a strong foundation in statistics
1+ years of work experience in systematic alpha research in equities
Experience developing short term alpha signals (intraday or a few days) is a plus
Demonstrated proficiency in R or Python
Strong command of foundations of applied statistics, linear algebra, and time series models
Ability to quickly and efficiently scrub, format, and manipulate large, raw data sources
Strong knowledge of financial markets
Highly motivated, willing to take ownership of his/her work
Collaborative mindset with strong independent research ability

Culture & structure: Flat, entrepreneurial organization where junior team members can make an immediate impact. Emphasis on mentorship, collaboration, and long‑term development.
Work environment: Premium office spaces with amenities; hybrid/office‑based roles (specific policy varies by role and location). Most roles are based in firm offices.
Benefits (generally include): Exceptional healthcare benefits, generous parental and family leave, supplemental retirement plans with employer match, tuition assistance.
Engineering & quant culture: Cubist offers researchers, developers, and data specialists the chance to work on cutting‑edge problems in financial markets.
Growth opportunities: Internal mobility, leadership development, and a strong track record of promoting from within. The firm invests heavily in learning (Academy, conferences, tuition reimbursement).
Community and inclusion: Affinity groups, volunteer opportunities through Community Matters, and a dedicated Chief Inclusion and Engagement Officer.

One-liner: Point72 is a leading global alternative investment firm led by Steven A. Cohen that deploys fundamental equities, systematic, macro, private credit, and venture capital strategies across asset classes and geographies.
Entity Type: Private (Registered Investment Advisor, not publicly traded)
Headquarters: Stamford, Connecticut, United States
Founded: 1992 (founded as SAC Capital; rebranded as Point72 Asset Management in 2018)
Founders: Steven A. Cohen

Primary industry: Alternative investment management / hedge fund
Target customers: Institutional investors, high‑net‑worth individuals (B2B); the firm manages capital on behalf of external investors as well as family capital
Mission or purpose statement: The firm was founded as a place “where talent and ambition meet opportunity,” and it carries that vision forward by empowering people with resources and autonomy to turn great ideas into reality.

Fundamental Equities: Sector‑aligned, multi‑manager long/short equity investing. The largest strategy by headcount and asset allocation.
Cubist Systematic Strategies: Dozens of discrete teams employing computer‑driven trading strategies across multiple liquid asset classes.
Global Macro: Discretionary investments in developed and emerging markets across fixed income, FX, liquid credit, commodities, and derivatives.
Private Credit: Niche, research‑driven opportunities in asset‑based finance, real estate credit, entrepreneur credit solutions, and investment grade corporate credit.
Point72 Ventures: Global multi‑stage venture capital investing led by a diverse set of domain experts.
Point72 Academy: A training program for undergraduates and early‑career professionals to become fundamental long/short investment analysts.
Cubist Quant Academy: A year‑long rotational program for STEM graduates to launch a career in systematic investing.

Valuation/Market Cap: Not applicable (private firm). Approximate AUM: $50.7 billion (as of April 1, 2026) – point72.com
Key Metric: Over 3,300 employees globally; 200+ investing teams
Notable Investors/Partners: The firm accepts outside capital (raised $5.76B in 2018) but specific lead investors are not publicly named. Notable venture investments are made through Point72 Ventures.
Growth Signals:
- Continued global expansion (offices in 19 cities across North America, Europe, Asia‑Pacific, and the Middle East).
- New private credit strategy established; firm’s venture capital and growth operations consolidated under Point72 Private Investments.
- Point72 Academy placed its 100th graduate on L/S teams by 2020; now a key source of diverse talent.
- Welcomed its 2026 global intern class.

Multi‑manager, multi‑strategy platform: Autonomy for individual investing teams with access to central resources, research, and technology.
Long track record: 30+ years of investing experience, evolving from <$20M AUM in 1992 to over $50B.
Proprietary research ecosystem: Market Intelligence team applies AI/ML, quantitative, and qualitative techniques; alternative data sets.
Talent development: The Point72 Academy and Cubist Quant Academy provide structured training and internal mobility, making the firm a long‑term career destination.
Global footprint: 24/7 market perspective and ability to source opportunities and talent worldwide.
Strong compliance and ethical foundation: Rebuilt compliance program after rebranding, emphasizing Mission and Values.

Expand investment strategies: growing systematic, macro, private credit, and venture capital alongside the core fundamental equities business.
Deepen global presence: opening new offices and strengthening existing hubs (e.g., Bengaluru, Taipei, Warsaw).
Talent pipeline and diversity: continued investment in the Academy, early‑career programs, and the Office of Inclusion and Engagement.
Technology and data innovation: applying advanced analytics, AI, and technology to investment research and operations.

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