2024 Summer Internship - Data Scientist, Proprietary Research

Point72 Asset Management
Apply Now

Job Description

ROLE SUMMARY 

Our Data Scientists conduct research through data mining and statistical modeling to discover insights from large, complex data sets that are used by our investment professionals to make investment decisions. As part of the 10-week internship program in our New York office, you will: 

  • Have the opportunity to work in a highly collegial environment that emphasizes teaching and learning as a team. 
  • Tackle the challenges of featuring and modeling large and unstructured data using machine learning and statistical techniques 
  • Manage all aspects of the research and execution 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 

WHAT EXCITES YOU

  • Speaking with experts both inside and outside the Firm to understand data needs and offerings
  • Multi-tasking and switching gears frequently to address the needs of the business \
  • Analytical thinking and sifting through available data to find “the answer”
  • Working in a fast-paced, dynamic environment
  • Working as part of a cross-functional team made up of Investment, Research, and Compliance professionals
  • Staying current on the evolving alternative data market and its role in discretionary investing
  • Taking an experiment-based approach with freedom to innovate 

WHAT EXCITES US

  • Excellent attention to detail, organization, and project management skills 
  • Strong verbal and written communication skills
  • Superb business intuition and a solution-orientated, methodological approach to problem solving
  • Ability to collaborate and build relationships across business units within the firm 
  • People who “elevate the room” through their work ethic, curiosity, and attitude 
  • Adherence to the highest ethical standards and partnership with the firm’s Compliance team 

WHAT’S REQUIRED

  • Demonstrated interest in machine learning, statistical models, and data mining tools
  • Pursuit of bachelor’s, MS, or PhD degree in a quantitative discipline
  • Strong programming skills in Python (preferred), R, Spark, and/or SQL
  • Exceptional understanding of statistics and advanced modeling techniques
  • Ability to communicate complex analyses and results clearly
  • Commitment to the highest ethical standards

WHAT SUCCESS LOOKS LIKE 

  • Integrity—You demonstrate 100% commitment to the highest ethical standards 
  • Ownership—You take charge of your work, uphold your commitments, and always do your best 
  • Commerciality—You focus on what matters, ask necessary questions, and are diligent about not wasting time 
  • Humility—You welcome and are receptive to feedback and learn from past mistakes 
  • Adaptability—You can triage business needs and context switch quickly and efficiently 
  • Admirability—You elevate the room through your work ethic, domain knowledge, and work product 

THE POINT72 SUMMER INTERNSHIP PROGRAM

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 

ABOUT POINT72

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. For more information, visit www.Point72.com/working-here

The annual base salary range for this role is $125,000 - $150,000, which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.

Company Info.

Point72 Asset Management

Point72 Asset Management, is an American hedge fund. It was founded in 2014 by Steve Cohen, after his previous company S.A.C. Capital Advisors pleaded guilty to insider trading charges. In 2018, the company reopened to external investors after a two-year ban and began accepting outside capital.

  • Industry
    Hedge fund
  • No. of Employees
    1,800
  • Location
    Stamford, CT, USA
  • Website
  • Jobs Posted

Get Similar Jobs In Your Inbox

Point72 Asset Management is currently hiring Data Scientist Intern Jobs in New York, NY, USA with average base salary of $125,000 - $150,000 / Year.

Similar Jobs View More