Quant jobs / Squarepoint Capital

Junior Discretionary Trader

A graduate trading seat on Squarepoint's discretionary desk, learning from senior traders who work closely with quant researchers. You help run portfolio positions and hedges.

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.

Monitor and maintain target portfolio positions
Build P&L tracking and attribution reports
Produce risk reports and hedge books
Execute trades too complex or illiquid to automate
Help evaluate new trade ideas with researchers

What they ask for

Required

Quantitative bachelor's degree
Programming, preferably Python
Communication across teams
Urgency in fast-paced settings
Relevant coursework or internship

Education: Bachelor's in a quantitative or related field such as maths, statistics, engineering, computer science, physics, economics or finance.
Experience: Recent or soon-to-be graduates.
Languages and tools: Python
Markets: multi-asset

How to prepare

Build a P&L attribution report for a sample portfolio in Python
Learn hedging basics across rates, equities and commodities
Follow markets daily and write short trade ideas
Study risk measures such as VaR and exposure limits

What to study

The Portfolio and Factor Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Squarepoint Capital’s site before applying: requirements, location and pay can change after we check them.

View the posting on Squarepoint Capital’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Squarepoint Capital and doesn’t handle applications.