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2023-08-03

2024 Summer Internship - Data Scientist, Proprietary Research

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Point72
2024 Summer Internship - Data Scientist, Proprietary Research
New York, US
125,000 - 150,000
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Job Description

On our proprietary research team—Market Intelligence—you’ll partner with our Investment Professionals and Compliance team to uncover insights about companies, industries, and the broader economy through deep fundamental research and applying data science and engineering techniques to alternative data sets. You’ll work alongside a talented team with diverse skills, backgrounds, and perspectives. Our industry researchers, product managers, and data scientists and engineers work together to build compliant research products that answer the questions our investment professionals care about most. We look for other bright, motivated, and collaborative people to join our team and grow with us—more than 90% of the leaders in our group were promoted from within.

ROLE SUMMARY

Our Data Scientists conduct research through data mining and statistical modeling to discover insights from large, complex data sets that are used by our investment professionals to make investment decisions. As part of the 10-week internship program in our New York office, you will:

  • Have the opportunity to work in a highly collegial environment that emphasizes teaching and learning as a team.
  • Tackle the challenges of featuring and modeling large and unstructured data using machine learning and statistical techniques
  • Manage all aspects of the research and execution process including methodology selection, data collection and quality, modeling and analysis, and performance monitoring
  • Deliver research findings to investment teams, portfolio managers, and other internal clients
  • Work within a team to help drive technical innovation through a collaborative R&D process

WHAT EXCITES YOU

  • Speaking with experts both inside and outside the Firm to understand data needs and offerings
  • Multi-tasking and switching gears frequently to address the needs of the business \
  • Analytical thinking and sifting through available data to find “the answer”
  • Working in a fast-paced, dynamic environment
  • Working as part of a cross-functional team made up of Investment, Research, and Compliance professionals
  • Staying current on the evolving alternative data market and its role in discretionary investing
  • Taking an experiment-based approach with freedom to innovate

WHAT EXCITES US

  • Excellent attention to detail, organization, and project management skills
  • Strong verbal and written communication skills
  • Superb business intuition and a solution-orientated, methodological approach to problem solving
  • Ability to collaborate and build relationships across business units within the firm
  • People who “elevate the room” through their work ethic, curiosity, and attitude
  • Adherence to the highest ethical standards and partnership with the firm’s Compliance team

WHAT’S REQUIRED

  • Demonstrated interest in machine learning, statistical models, and data mining tools
  • Pursuit of bachelor’s, MS, or PhD degree in a quantitative discipline
  • Strong programming skills in Python (preferred), R, Spark, and/or SQL
  • Exceptional understanding of statistics and advanced modeling techniques
  • Ability to communicate complex analyses and results clearly
  • Commitment to the highest ethical standards

WHAT SUCCESS LOOKS LIKE

  • Integrity—You demonstrate 100% commitment to the highest ethical standards
  • Ownership—You take charge of your work, uphold your commitments, and always do your best
  • Commerciality—You focus on what matters, ask necessary questions, and are diligent about not wasting time
  • Humility—You welcome and are receptive to feedback and learn from past mistakes
  • Adaptability—You can triage business needs and context switch quickly and efficiently
  • Admirability—You elevate the room through your work ethic, domain knowledge, and work product

THE POINT72 SUMMER INTERNSHIP PROGRAM

In addition to the learning and development you’ll receive in your day-to-day role with your team, as a part of our summer internship program you will:

  • Work alongside your fellow interns and be mentored by experienced professionals
  • Meet your peers through designated intern programming, volunteer opportunities, and social events
  • Attend sessions with senior leaders discussing their expertise and career paths
  • Get hands-on access to best-in-class tools and resources
  • Gain exposure to groups and functions with unique responsibilities and perspectives on our industry
  • Develop technical, writing, and presentation skills

ABOUT POINT72

Point72 Asset Management is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide. Resting on more than a quarter-century of investing experience, we seek to be the industry’s premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry’s brightest talent. For more information, visit www.Point72.com/working-here

The annual base salary range for this role is $125,000 - $150,000, which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.

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