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2023-09-20

Trading Desk Intern

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Point72
Trading Desk Intern
Connecticut, US
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Job Description

A Career with Point72’s Trading Desk
Point72’s U.S. Trading Desk is comprised of long/short equity and derivatives execution traders who support the firm’s multi-manager platform of investment professionals. Trading is important to a wide variety of the firm’s stakeholders including but not limited to investment professional teams, external investors, investment services teams, Risk, and Compliance. If you are interested in pursuing a career in trading at a premier asset management firm, this role will provide you with unparalleled training and experience. We are looking for someone who is highly proficient, articulate, detail-oriented, and eager to be an important part of the financial markets.

About the Trading Desk Internship
If you are interested in pursuing a career in trading at an investment firm, the 10-week Trading internship at Point72 provides individuals with a valuable experience. As an intern with our Trading Team in Stamford, CT, you will gain exposure to and build your knowledge base on supporting our U.S. team by:

  • Curating daily research reports from relevant news
  • Executing trading floor procedures so that flow of trade information from portfolio management to the various sponsors is accurate and efficient
  • Monitoring market shifts and inform rest of team
  • Entering and monitoring orders and communicating with brokers
  • Understanding potential risk areas and preventing trade or operational errors
  • Relaying information to/from trading counterparties
  • Interacting with various Firm systems and making suggestions for process improvements
  • Monitoring price movements, volume, and trading flows
  • Affirming all daily trading activity with executing brokers
  • Reviewing daily PnL to ensure reported results are consistent with market movements
  • Monitoring changes in market
  • Reviewing all positions to ensure they are booked accurately
  • Investigating any trade discrepancies
  • Liaise with Operations Team to resolve any trade booking and settlement inquiries

Summer Internship Program at Point72

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
  • Participate in networking opportunities across the irm, with groups such as Trading, Finance, Trade Support, Compliance, and Technology

What's required

  • Expected Bachelor’s degree (Fall 2024 or Spring 2025)
  • Knowledge of the Trading trends and products, particularly around Interest Rates, FX, and Commodities
  • Ability to manage multiple tasks and deadlines in a fast-paced environment
  • Strong attention to detail
  • Strong analytical, writing, verbal communication, and technical skills
  • Demonstrated ability to work cooperatively with all levels of the team
  • Conduct yourself with professionalism and integrity at all times
  • Commitment to the highest ethical standards

About Point72
Point72 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. We’re inventing the future of finance by revolutionizing how we develop our people and how we use data to shape our thinking. For more information, visit www.Point72.com/working-here.

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