Point72
Credit Execution Trader
Point72, New York, New York, us, 10261
ROLE
A Cubist portfolio management team specializing in the systematic trading of US credit markets is looking for a highly talented Execution Trader. This is an opportunity for someone to source (electronic and voice) liquidity in the credit markets and pilot automated trading systems and take a central role on the front lines of 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. Team player, driven and collaborative
A Cubist portfolio management team specializing in the systematic trading of US credit markets is looking for a highly talented Execution Trader. This is an opportunity for someone to source (electronic and voice) liquidity in the credit markets and pilot automated trading systems and take a central role on the front lines of 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. Team player, driven and collaborative