Point72 Reviews

I usually don't like to express negative views, but I fell obligated to write this review. Hope it can help people who is considering joining this firm. The quant arm of Point 72 used to call Cubist Systematic Strategy. Seems they removed the name, now people can no longer find info on Glassdoor (try to think why they do that? ) The company has two relative independent businesses: fundamental ( Point 72) and quantitative ( Cubist ). I don't know much about fundamental side, but I can say a few things about Cubist: It is no a fun place to work. Cubist is organized as many small PM teams, there is no sharing among teams, even within the team people don't share ideas. Don't expect to learn any thing, instead of contributing your alphas/ideas. In general, I think some PM teams are hiring people to get trading algos from him/her, instead of trying to grow with this person and help him/her become successful. Unless you plan to join as a PM, or one of the core member in the PM team is your uncle, please seriously consider other options. For more junior entering this field, consider other bigger places like two sigma/citadel, where you can actually learn something.

HR team is very busy writing rave reviews about Cubist and Point72, one search on the web tells the truth about the culture of this firm, this is toxic firm with a big blot on its name, as a current employee below are some of my observations: 1. The senior management promises a lot, but nothing is delivered, in the end only yes men get promoted to director, managing director title for doing nothing smart. 2. The verbal language used by the top management is at best arrogant, condescending and frankly against every HR policy in the handbook. 3 The pay is sub-par, also the work you are given is outdated with nontransferable skills for your next gig, so, all in all, you will simply waste your time here with no monetary benefit or knowledge being gained. Changing name of the firm every few years is not going to help and neither is bringing in consulting firms to do surveys, we all know this is simply an effort to restore the image and nothing more. There are several hedge funds out there with better culture technology stack and smarter people out there, better working for them then a blotted name that is always in the news for the wrong reasons.