Quant jobs / Point72
Trader / Quant Analyst – Convertibles
A hybrid trading and quantitative analysis role on a convertible bond relative value team at Point72. You would trade and hedge converts while building tools to analyse the universe.
What you’d work on
Our reading of the posting: what a new hire in this role would most likely spend their first months on.
- Find relative value between converts, underlying equity and credit derivatives
- Model convertibles under different credit, rate and volatility scenarios
- Build front-office tools for idea generation and risk
- Hedge positions dynamically and track daily P&L drivers
- Analyse historical convertible pricing and valuation
What they ask for
Required
- Bachelor's in finance, economics, maths or engineering
- 3+ years trading convertible bonds with quant skills
- Credit markets, bond maths, equity derivatives and volatility
- Convertible modelling and scenario analysis
- Excel and a programming language
Preferred
- Advanced degree or CFA
- Education
- Bachelor's degree in finance, economics, maths, engineering or related; advanced degree or CFA preferred.
- Experience
- 3+ years in convertible bond trading (or equity, FX or rates derivatives) with quantitative skills.
- Languages and tools
- Markets
- credit, equities, options, fixed-income
How to prepare
- Price a convertible bond with a tree or PDE model including credit spread
- Learn convertible Greeks and hedging
- Build a screen of the convert universe in Python
- Study how credit, rates and volatility drive convertible value
What to study
- Convertible Arbitrage
- Derivatives Pricing and Computational Finance
- Fixed Income and Interest-Rate Models
- Advanced Derivatives and Exotic Options
The Derivatives Pricing Quant roadmap sets out the stages for this kind of role, with free resources for each.
Open the roadmapApply
Read the full posting on Point72’s site before applying: requirements, location and pay can change after we check them.
View the posting on Point72’s site ↗
SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Point72 and doesn’t handle applications.
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