drjobs Securities Lending Trader US

Securities Lending Trader US

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1 Vacancy
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Job Location drjobs

Stamford, CT - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

A Career with Point72s Securities Lending Team

Point72s Securities Lending Team operates within the firms broader Treasury division responsible for financing the firms multiple asset classes by interacting directly with our prime brokers to source liquidity and negotiate financing rates. The team also utilizes data analysis to identify market trends and maximize financing efficiencies. Internally the group works closely with the traders portfolio managers Compliance Tax Technology and Operations.

Point72 is a global asset manager trading in a multitude of financial markets around the globe. As a Securities Lending Team member youll gain firsthand exposure to these markets while learning about a broad range of asset classes and how theyre financed. In the financial markets no day is the same: youll encounter new challenges and new situations which will require your assistance in finding solutions.

What youll do

  • Source stock borrow liquidity for our investment teams
  • Manage stock loan allocations and costs on cash and swap positions in the Americas
  • Curate borrow color and analytics for traders and portfolio managers assisting with their investment processes
  • Generate additional yield on the firms long equity and swap positions
  • Create custom swap baskets to help portfolio managers effectively hedge risk
  • Build maintain and leverage relationships with prime brokers and securities lenders
  • Work with the Capital Markets team to source swap capacity and negotiate financing rates on LATAM IPOs/secondary offerings
  • Become a trusted goto person for Americas equity financing for portfolio managers traders and other internal stakeholders
  • Work with Point72s Treasury Technology group to develop analytics source data create reporting and automate workflows
  • Work with Point72s Tax group to understand firms tax risk and exposure
  • Work with Point72s Compliance group to implement regulatory requirements in conducting the firms short selling activity at all times
  • Work with Point72s Operations group to effectively allocate positions in order to minimize financing costs
  • Provide backup securities lending coverage for global markets
  • Explore new ways of optimizing financing costs and generating new revenue

Whats required

  • Bachelors degree in finance economics or a related field preferred
  • Threeplus years of sellside/ buyside experience
  • A keen interest in financial markets
  • Attention to detail and strong organization skills
  • Ability to work under pressure in a fastpaced environment
  • A team player with strong interpersonal skills while possessing the ability to work independently
  • Strong math and analytical skills
  • Enjoys problem solving
  • Superior communication skills in order to effectively communicate market color to traders and portfolio managers
  • Basic proficiency in programming (VBA Python)
  • Strong knowledge of Microsoft Office (Excel Word PowerPoint Outlook)
  • Commitment to the highest ethical standards

We take care of our people

We invest in our people their careers their health and their wellbeing. When you work here we provide:

  • Fullypaid health care benefits
  • Generous parental and family leave policies
  • Volunteer opportunities
  • Support for employeeled 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 industrys brightest talent by cultivating an investorled culture and committing to our peoples longterm growth. For more information visitwww.Point72/about.

Employment Type

Full Time

About Company

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