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Data Scientist, Proprietary Research

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Point72

Jan 14

Applications are closed

  • Job
    Full-time
    Junior Level
  • Data
    Research & Development
  • New York

Requirements

  • Demonstrated interest in machine learning, statistical models, and data mining tools
  • Bachelor/Masters in a quantitative discipline w/ 1+ year of professional experience
  • Strong programming skills in Python (preferred), R, Spark, SQL
  • Exceptional understanding of statistics and advanced modeling techniques
  • Ability to communicate complex analyses and results clearly

Responsibilities

  • Tackle the challenges of featuring and modeling large unstructured data using machine learning and statistical techniques
  • Manage all aspects of the research and analysis 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

FAQs

What does the Proprietary Research team at Point72 do?

The Proprietary Research team, known as Market Intelligence, partners with investment professionals and the Compliance team to uncover insights through deep fundamental research and data science techniques applied to alternative data sets.

What are the primary responsibilities of a Data Scientist on the Proprietary Research team?

A Data Scientist is responsible for data mining and statistical modeling to extract insights from large unstructured data, managing the research process, delivering findings to internal clients, and driving technical innovation through collaborative R&D.

What skills or qualifications are required for this Data Scientist position?

Candidates should have a demonstrated interest in machine learning and statistical models, a Bachelor’s or Master's degree in a quantitative discipline, 1+ years of professional experience, strong programming skills in Python (preferred), R, Spark, and SQL, and an exceptional understanding of statistics and advanced modeling techniques.

What is the work environment like for a Data Scientist on the Proprietary Research team?

The work environment is highly collegial and emphasizes teaching and learning as a team, with a focus on collaboration among researchers, product managers, and data scientists and engineers.

What opportunities for career development does Point72 offer?

Point72 invests in its employees' careers by promoting from within, providing tuition assistance, and supporting employee-led affinity groups, among other initiatives.

Are there any specific industry standards or ethical considerations that Data Scientists must adhere to?

Yes, Data Scientists must adhere to the highest ethical standards and work closely with the Firm’s Compliance team to ensure compliance when conducting research and delivering findings.

What is the annual base salary range for this role?

The annual base salary range for the Data Scientist position is $125,000-$150,000, not including discretionary bonus compensation or the comprehensive benefits package.

Does Point72 offer health care benefits?

Yes, Point72 provides fully-paid health care benefits to its employees.

Will I have the opportunity to work with alternative data sets?

Yes, as a Data Scientist on the Proprietary Research team, you will work with large unstructured data sets, utilizing machine learning and statistical techniques.

Can you describe the team dynamics within the Proprietary Research group?

The team dynamics are characterized by collaboration and an experimental approach, where members support each other in a solution-oriented environment, fostering innovation and learning.

What does success look like in this role at Point72?

Success is characterized by integrity, ownership of work, commercial focus, humility in accepting feedback, adaptability to business needs, and an admirable work ethic that elevates the overall team environment.

Finance
Industry
1001-5000
Employees
2014
Founded Year

Mission & Purpose

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. We’re inventing the future of finance by revolutionizing how we develop our people and how we use data to shape our thinking.

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