--- title: 'Operations Analyst at Squarepoint Capital' canonical: 'https://feeny.ai/job/operations-analyst-squarepoint-capital-houston-9nsc9z42sw0d' type: 'job' last_seen: '2026-11-10' --- # Operations Analyst at Squarepoint Capital - **Company:** Squarepoint Capital - **Location:** Houston, TX - **Posted:** 2026-11-05 - **Last confirmed live:** 2026-11-10 - **Apply:** https://www.squarepoint-capital.com/open-opportunities?id=8302973&gh_jid=8302973 ## Job description Position Overview: Primary focus will be on Commodities within the Operations team, who are responsible for trade capture, trade confirmations, settlements, reconciliations and position life-cycle events within the firm. - Manage all aspects of a growing physical and derivative Commodities business, including trade validation, maintenance, affirmation, settlement and reconciliation. - Validate process and settle all periodic events to ensure the integrity of the entire trade life cycle. - Perform position and cash reconciliations - Perform trade affirmation in multiple systems (depending on asset type) with counterparties to minimize risk. - Monitoring T+0 trade capture exceptions. - Processing option assignments and expiries. - Onboarding new trading counterparties and exchanges Required Qualifications: - 3+ years in Commodities middle-office / trade support experience covering trade processing, collateral, confirmations, settlements, cash, position and trade reconciliations. - Demonstrate proficiency in all types of Commodities, including: - Futures and Options on exchange (LME, CME, SHFE, SGX) - Future lookalike (swaps) and other OTC products - OTC products traded bilaterally with physical players - Paper-like physical ownership such as Warrants, Pool Accounts, Carbon Certificates etc - Physical ownership of Commodities (off-warrant) - Demonstrate proficiency in all calculations used to support any products in your asset class coverage. - Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment. - Demonstrate proficiency in written and oral communication skills. - Working on system and process improvements, and new business initiatives. - Understand the relevant technology and applications that are required to excel in the role. ## About Squarepoint Capital ## Company Overview - **One-liner**: Squarepoint Capital is a leading global quantitative investment manager that uses a rigorous scientific approach and state-of-the-art technology to construct diversified, systematic strategies for institutional clients. - **Entity Type**: Private (no disclosed external funding; spun out from Barclays in 2014) - **Headquarters**: New York, New York, United States - **Founded**: 2014 (as an independent firm; the underlying business, nQuant, dates back to 2000 within Lehman Brothers and later Barclays) - **Founders**: Led by four founding partners (names not publicly disclosed); the original founders of nQuant continue to lead Squarepoint today. ## Core Business - **Primary industry**: Financial Services – Quantitative Investment Management - **Target customers**: Institutional investors (B2B) - **Mission / Purpose**: “Achieving high quality returns for our clients” through a systematic, diversified, and research-driven investment platform. ## Products & Services - **Quantitative Investment Strategies**: A diversified portfolio of systematic strategies spanning multiple asset classes (equities, fixed income, currencies, commodities), trading frequencies (high-frequency to long-term), and global markets. The majority of investments are based on rigorous backtesting on historical data. - **Technology & Data Platform**: A custom, nimble, and forward-looking software stack that enables seamless integration between research and trading, executing millions of trades per day. Includes low-latency trading systems and a world-class data infrastructure. ## Market Standing - **Valuation / Market Cap**: Not publicly disclosed - **Key Metric**: Annual revenue is not publicly disclosed (LinkedIn estimates ~$12M, but this likely underrepresents a firm of this scale; the figure should be treated with caution). The firm is privately held and does not report earnings. - **Notable Investors / Partners**: No external investors; the firm is privately held by its founding partners. Alumni frequently move to top quant funds and tech companies (e.g., Millennium, Citadel, Qube Research & Technologies, Google, Jump Trading). - **Growth Signals**: Headcount grew 33.9% year-over-year to approximately 1,801 employees (LinkedIn, 2025). The firm operates 17 offices across 8 countries and is actively hiring across technical, research, and finance roles. ## Competitive Advantages - **Deep heritage**: The team’s quantitative roots trace back to 2000, with a proven track record through multiple market cycles. - **Scientific rigor**: A disciplined, research-first approach that relies on backtesting and systematic execution rather than discretionary bets. - **Scale and technology**: Executes millions of trades daily using a highly custom, low-latency platform developed in-house. - **Global diversification**: Strategies span asset classes, geographies, and trading frequencies, reducing reliance on any single market or style. - **Culture of ownership**: Privately held and led by its founding partners, fostering long-term thinking and accountability. ## Strategic Focus - **Diversification**: Continuously expanding into new asset classes, trading frequencies, and geographies. - **Technology investment**: Ongoing development of proprietary software and data infrastructure to maintain a competitive edge in research and execution. - **Talent acquisition**: Aggressively hiring quantitative researchers, software engineers (C++, Python), platform engineers, and operations specialists across global offices. ## Why Work Here - **Culture**: Collaboration across teams, a flat structure with a strong sense of ownership and accountability, and a focus on intellectual curiosity. - **Work environment**: In-office for most roles (offices in New York, Boston, London, Paris, Singapore, Bangalore, etc.). Some roles offer a remote work program, but the majority require physical presence. - **Benefits**: Generous parental leave, health insurance (medical, dental, vision), 401(K) matching, disability and life insurance, paid sick days, generous PTO, paid volunteer time, free snacks and drinks. Offices are designed for in-person collaboration. - **Engineering culture**: Technology is considered core to the business; engineers work closely with quantitative researchers to build and optimize trading systems. Emphasis on C++, Python, Kubernetes, and low-latency systems. - **Growth trajectory**: Rapid headcount growth and a global footprint offer opportunities for career advancement and international mobility. ## Sources 1. [squarepoint-capital.com](https://www.squarepoint-capital.com/) 2. [squarepoint-capital.com/about](https://squarepoint-capital.com/about) 3. [linkedin.com/company/squarepoint-capital](https://ca.linkedin.com/company/squarepoint-capital) 4. [builtin.com/company/squarepoint-capital](https://builtin.com/company/squarepoint-capital) 5. [job-boards.greenhouse.io/squarepointcapital](https://job-boards.greenhouse.io/squarepointcapital) ## Other roles at Squarepoint Capital - [Senior Quant Researcher - CTA/Short-Term](https://feeny.ai/job/senior-quant-researcher-cta-short-term-squarepoint-capital-houston-hk32yqhsa4pa) — Houston, TX / London, United Kingdom / Madrid, Spain / Montreal, Canada / New York, NY / Paris, France / Singapore / Zug, Switzerland / Bangalore, India / Dubai, United Arab Emirates / Geneva, Switzerland / Hong Kong / Boston, MA - [Senior Quant Researcher - Equity Mid/Low Frequency](https://feeny.ai/job/senior-quant-researcher-equity-mid-low-frequency-squarepoint-capital-bangalore-fvfr8c8w0bb5) — Bangalore, India / Dubai, United Arab Emirates / Geneva, Switzerland / Hong Kong / Houston, TX / London, United Kingdom / Madrid, Spain / Montreal, Canada / New York, NY / Paris, France / Singapore / Zug, Switzerland / Boston, MA - [Senior Quant Researcher - Fixed Income](https://feeny.ai/job/senior-quant-researcher-fixed-income-squarepoint-capital-houston-m5c1b8tw1e5v) — Houston, TX / London, United Kingdom / Madrid, Spain / Montreal, Canada / New York, NY / Paris, France / Singapore / Zug, Switzerland / Bangalore, India / Dubai, United Arab Emirates / Geneva, Switzerland / Hong Kong / Boston, MA - [Senior Quant Researcher - Intraday Statistical Arbitrage](https://feeny.ai/job/senior-quant-researcher-intraday-statistical-arbitrage-squarepoint-capital-p3gfxvg3bcev) — Bangalore, India / Dubai, United Arab Emirates / Geneva, Switzerland / Hong Kong / Houston, TX / London, United Kingdom / Madrid, Spain / Montreal, Canada / New York, NY / Paris, France / Singapore / Zug, Switzerland / Boston, MA - [IT Sec Operations Lead](https://feeny.ai/job/it-sec-operations-lead-squarepoint-capital-london-4sdyjyvxakjq) — London, United Kingdom - [HR Specialist](https://feeny.ai/job/hr-specialist-squarepoint-capital-geneva-2z3gvhnf5fwq) — Geneva, Switzerland - [Corporate Access Associate](https://feeny.ai/job/corporate-access-associate-squarepoint-capital-new-york-k5b0shtt09zj) — New York, NY - [Manager of CTA Intraday Monetization](https://feeny.ai/job/manager-of-cta-intraday-monetization-squarepoint-capital-new-york-888tm5m155zk) — New York, NY - [Quantitative Researcher, Equity Mid-Frequency](https://feeny.ai/job/quantitative-researcher-equity-mid-frequency-squarepoint-capital-new-york-n921e4at7gbk) — New York, NY - [Quantitative Researcher, Volatility - Medium-Frequency](https://feeny.ai/job/quantitative-researcher-volatility-medium-frequency-squarepoint-capital-new-york-f9rb9sxhjcga) — New York, NY