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Point72
Trader, High Yield/Distressed Credit Investment Team
Career Insights for Securities / Commodities Trader
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Based on New York data
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What they do
A Securities or Commodities Trader trades securities or commodities electronically or on a trade or auction floor such as a stock exchange. Securities include stocks and bonds; commodities include products such as oil, gold, or corn. Monitors financial markets and the performance and price of different securities. Negotiates prices and terms for a sale or trade.
$157,828 / year median in New York
+11% projected growth
Job Description
Trader for a Discretionary Macro Team Focused on High Yield/Stressed/Distressed Credit A Career with Point72's Macro Team Point72's Global Macro business is a scaled, global investment platform with more than two decades of experience trading across rates, FX, credit, volatility, and emerging markets. Operating across 10 offices worldwide, we have doubled our capital allocation and grown our number of teams fivefold since 2020. We combine deep asset-class expertise with a highly collaborative culture across macro, fundamental equities, and systematic strategies to drive differentiated investment performance and support long-term career growth for our talent. What you'll do 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. Analyze new issues and maintain relationships with syndicate desks. Be responsible for position maintenance (e.g., CDS rolls) and liaise with Investment Services teams on corporate actions. Conduct research on things such as transaction cost analysis and broker/algorithm evaluation. What's
REQUIRED
3+ years of work experience as a credit trader in corporate bonds or CDS. Experience with OMS/EMS platforms such as MarketAxess and TradeWeb. A team player and collaborative mentality. Understanding of order lifecycle from order generation to booking and TCA. Keen intuition for markets and a passion for studying them. Intellectual curiosity, tenacity, and the ability and willingness to proactively communicate potential operations risks. Strong problem solving and communication skills. Commitment to the highest ethical standards. We take care of our people We invest in our people, their careers, their health, and their well-being. When you work here, we provide: Fully paid health care benefits Generous parental and family leave policies Volunteer opportunities Support for employee-led affinity groups representing women, people of color and the LGBT+ community Mental and physical wellness programs Tuition assistance A 401(k) savings program with an employer match and more About Point72 Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry's brightest talent by cultivating an investor-led culture and committing to our people's long-term growth. For more information, visit https://point72.com/ .Benefits
- Financial Aid/Assistance
- 401(k) Plans
- Other Retirement and Savings
- Health and Wellness Programs