Point72 reviews

4.0

62% would recommend to a friend

(525 total reviews)

Steven A. Cohen

81% approve of CEO

60% positive business outlook

Point72 has an employee rating of 4.0 out of 5 stars, based on 525 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Point72 employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

525 reviews
5.0
Sep 23, 2019

Cubist Data Team

Recommend
CEO approval
Business Outlook

Pros

One of the most compelling reason for any Quant PM /Researcher to pick Cubist is the quality and variety of data. Data Services team is highly proficient at Cubist and they go extra mile in making sure that the data you need is delivered to you in an easy to use format. Most of the Data team analysts are very smart and have a graduate degree in Computer Science/Statistics or relate d fields. Also, the team has put in a lot of hard work in documenting data and also becoming familiar with the data as a Subject Matter Experts to answer detailed data related questions. Data related support is 24/7 and thus there are not many data related production outages. Another important differentiating factor is many datasets have been collected PIT in-house and thus not available at other places. While I was at Cubist, I was able to get access to pretty much all the data sources which were mentioned in academic literature and more.

Cons

I stayed with the firm over a decade and can't think of any negatives about the place. Probably there is a room for improving snacks in the Pantry

5.0
Sep 20, 2019
Recommend
CEO approval
Business Outlook

Pros

Cubist is extremely selective in it's recruiting. The vast bulk of hires are lateral, with a handful of PhDs and masters students hired each year. The quality of colleagues is extremely high, and people honestly try hard to be collaborative and help one another. Employees' experiences can vary greatly across different PM teams and support functions: Each PM team is free to be entrepreneurial, and each team pursues a different set of strategies with a different management approach based on the interests and expertise of the PM and members of the team. Support functions have different skillsets and cultures: for example, the talent team doesn't code, the data team tends to hire relatively less experienced people and train them up from scratch (eventually many of them move on to join PM teams). Management is focused on the career path of the individual. While some PM teams do not meet the firm's bar for performance, the firm always seems to take steps to provide opportunities for a better fit internally, and it seems like in the vast majority of such cases people opt to take internal opportunities. The firm provides a "target rich" environment for research, with a vast archive of datasources, ideas, and other resources. As a major client of most sell-side firms, Point 72 and Cubist have access to all the resources that the street can offer.

Cons

The average PM team is small in headcount. While this means that each person on the team can have high impact, it also means that sometimes teams cannot pursue resource-intensive highly speculative projects. People generally agree that the culture of Cubist is pretty distinct from the rest of Point72, which is not a surprise as Cubist employees tend to lean towards PhDs in Computer Science and Statistics, wheras the rest of the firm is populated disproportionately by MBAs. There are quantitative functions on the discretionary side of the firm, but they are limited and in many cases fairly secretive. Cubist offers most staff a lot of autonomy, but it's hard work. Senior executives are "always on" and by extension many teams expect high intensity work and output from their colleagues. It is fairly rare for a researcher on a team to subsequently spin out and become a PM. This is understandably discouraged, since the PM teams want to have some comfort that their IP lies within the team.

5.0
Sep 20, 2019
Recommend
CEO approval
Business Outlook

Pros

- Great culture; the firm is really focused on developing and retaining talent. - Strong professional development resources and career mobility. - Meritocratic and entrepreneurial. - The opportunity to work with some of the brightest minds in the industry. - Fabulous new office space and amenities.

Cons

- Long hours at times. Tough to unplug.

Viewing 388 - 390 of 525 Reviews

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