P&L Reconciliation and Analysis Analyst
A Career with Point72’s P&L Reconciliation and Analysis Team
Point72’s Operations team supports all operational aspects of trade processing, reconciliation, financing, and reporting firmwide for all products, including equities, derivatives, bonds, foreign exchange and futures, and cryptocurrency across global markets.
The P&L Reconciliation & Analysis team is a control function within Operations that ensures the P&L between our Front Office systems matches our Books and Records system for all Portfolios. P&L variances are monitored on a daily, monthly, and YTD basis and must be resolved in a timely and efficient manner. This role offers foundational skills for growth, development, and a long career with Point72.
What you’ll do
You’ll join a small, international team in this entry-level role where you will develop a thorough understanding of the operations of a hedge fund. You will learn to perform the P&L activities that are essential to the foundation of our business. Specifically, you will:
- Perform daily and monthly P&L reconciliation between the Front Office and Back Office systems for the Firm’s portfolios
- Collaborate with internal teams to reconcile P&L breaks across equities, fixed income, and derivatives
- Generate daily P&L variance reports for several internal teams
- Finalize portfolio manager’s P&L in our Front Office systems on a monthly basis
- Assist in responding to ad hoc P&L queries from the PMs, Trading, and Investment Services
- Participate in continuous improvement of the team’s processes via automation and/or identifying and correcting process inefficiencies
What’s required?
You bring your motivation to learn, produce top-quality work, and apply strategic thinking, and we will teach you the rest. We’re looking for the following specific qualities:
- Bachelor’s degree required
- 0-2 years of work experience
- Superior problem solving and analytical skills
- Strong work ethic, self-motivated, confident
- A “team-first” attitude with strong communication and interpersonal skills
- Ability to multi-task and adapt to a changing environment
- High attention to detail aimed at delivering a product that meets our best-in-class standards
- A self-starter who is able to work independently
- Takes ownership and holds accountability
- Commitment to the highest ethical standards
We take care of our people
We invest in our people, their careers, their health, and their well-being. When you work here, we provide:
- Fully-paid health care benefits
- Generous parental and family leave policies
- Volunteer opportunities
- Support for employee-led 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 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. For more information, visit www.Point72.com/working-here.