A Cubist portfolio management team is seeking an Execution Trader to specialize in the systematic trading of US credit markets. The role involves sourcing liquidity, piloting automated trading systems and playing a central role in the team's investment process.
Responsibilities:
Work with the Portfolio Manager on electronic and non-electronic execution of all credit trades
Maintain strong relationships with a broad set of liquidity providers
Proactively monitor and assess portfolio risk exposures, in collaboration with the portfolio manager
Track realized transaction costs and analyze execution quality stats
Contribute to the internal development and external sourcing of execution algorithms
Be responsible for position maintenance (e.g., CDS rolls) and be the point person working with the back office for corporate actions
Contribute to the continuous improvement of the investment process, in collaboration with the rest of the team
Requirements:
3+ years of work experience as a credit trader in single-name CDS and/or corporate bonds.
Experience with OMS/EMS platforms such as MarketAxess and TradeWeb
Experience with credit ETFs, interest rate derivatives, or equity options markets is a plus
Exposure to quantitative/systematic strategies is a plus
Some programming skills are a plus (e.g., SQL, Python, Excel VBA) and a strong self-learner
Tenacious, detail-orientated, organized, and proactive about potential operational risks
Keen intuition for markets and a passion for studying them.
Point72 is a global alternative investment firm employing fundamental and systematic investing strategies across diverse asset classes and geographies. The company focuses on delivering superior returns for its investors, supported by a technology group that enhances IT infrastructure and embraces open-source solutions and agile methodologies. Point72 cultivates an investor-led culture, prioritizing innovation and attracting top talent while investing in employee growth, well-being, and career development.