Commodities Specialist for Product Control and Valuation chez Point72

A career with Point72's Valuation team

The Point72 Valuation team manages the valuation of all investments across the firm’s extensive hedge fund, private equity, and venture capital portfolios. The team’s investment valuation coverage ranges from exchange traded products to derivatives traded in OTC markets, to venture capital and private equity. The Valuation team provides valuations and P&L for investments for stakeholders across the firm, including Senior Management, portfolio managers/deal teams, Risk Management, and investor reporting.

What you’ll do

• Oversee valuation and P&L reporting for our commodities business
• Develop and implement pricing processes and procedures within our risk management system (OpenLink) and partner with the business to integrate OpenLink into firmwide systems
• Manage and control market data inputs for valuation models, such as price curves, volatility, and surfaces, ensuring compliance with Point72’s valuation policy
• Validate and review new valuation models for model upgrades or new products
• Perform price testing analysis with counterparty valuation and other 3rd party vendors’ prices. Maintain the valuation support as evidence that investment valuation is accurate
• Collaborate with front office, risk, and support teams on pricing methods, valuation processes, P&L analysis, and model utilization
• Partner with our Technology team to implement valuation setups for new products and automate key processes to increase efficiency

What’s required

• 5-10 years’ valuation experience with commodities products, particularly power, gas, and electricity, both listed and OTC
• Demonstrated ownership in resolving issues independently, with the ability to work effectively on a cross-functional team
• Strong leadership abilities to coach, mentor, and develop others, enhancing the capabilities and capacity of the Valuation team
• 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 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 industry’s brightest talent by cultivating an investor-led culture and committing to our people’s long-term growth. For more information, visit https://point72.com/. 

The annual base salary range for this role is $150,000-$185,000 (USD) , 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.