What are the responsibilities and job description for the Trader/Analyst position at D. E. Shaw & Co., L.P.?
Investment Analysis / Trading
New York
The D. E. Shaw group seeks talented individuals to join as analysts or traders in its Fundamental Investing (e.g., Fundamental Equities, Credit Opportunities) or Trading (e.g., Macro, Energy, Convertibles, Asset-Backed Securities) groups. The firm manages more than $100 billion in investment and committed capital, and today more than half of deployed hedge fund capital is in discretionary investing strategies. Investment analysts and traders take on meaningful responsibility early on, putting original ideas to work in global markets and learning alongside an accomplished team, with the mentorship and resources to grow into seasoned investment professionals.
What you’ll do day-to-day
- Analysts: Research, analyze, and conduct due diligence on specific companies and sectors to inform fundamental investments, including primary research such as management meetings, expert calls, and novel data analyses.
- Traders: Monitor markets and positions, analyze market events, and use a range of technological platforms to make qualitative decisions based on your analyses.
- Leverage the firm's proprietary data and technology tools to build and pressure-test investment hypotheses.
- Analyze market data and fundamentals to generate insights that support investment decisions.
- Contribute to investment theses, presentations, and your team's idea generation.
- Collaborate with colleagues to monitor positions, assess market events, and manage risk exposures.
What we’re looking for
- A bachelor's degree and up to four years of relevant experience (such as banking, equity research, private equity, trading, or other buy-side roles or internships).
- A passion for investing or trading, a demonstrated aptitude for quantitative analysis, and an instinct for independent thinking.
- Ability to communicate ideas clearly and collaborate effectively within a team environment.
- Exceptional attention to detail, with the ability to rigorously analyze new investment ideas.
- Ability to generate original, orthogonal insights and synthesize information from a wide range of sources into clear, persuasive messages, supported by data and quantitative analysis.
- Comfort with data and an interest in applying AI-enabled tools to research and idea generation.
- The expected annual base salary for this position is $275,000 to $300,000. Our compensation and benefits package includes variable compensation in the form of a year-end bonus, guaranteed in the first year of hire, and benefits including medical and prescription drug coverage, 401(k) contribution matching, wellness reimbursement, family building benefits, and a charitable gift match program.
The D. E. Shaw group is an equal opportunity employer.
The applicable annual base salary or hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience and educational background.
European Union (EU), United Kingdom (UK), California, Hong Kong, Singapore, or Shanghai candidates should refer to the corresponding linked privacy notice.
The D. E. Shaw group may collect, use, hold, transfer, and process candidates’ resumes and associated information (including personal information contained therein) for purposes reasonably related to their application, including without limitation: review and management of employment applications and supporting materials; administration and management of offers to and communication with candidates; and administration, management, and improvement of the recruiting operations of the D. E. Shaw group; and/or where reasonably required in connection with a proposed sale, spin-out, reorganization, or outsourcing of all or some of the business of the D. E. Shaw group. The D. E. Shaw group will not use such information for purposes unrelated to the foregoing, such as direct marketing of third-party products to candidates, without candidate consent. As used herein, the term “personal information” is meant to broadly describe information identifying or relating to a specific individual; it is intended to encompass “personal data,” “sensitive personal data,” and “personally identifiable information” and similar terms, as those terms are defined by law in the jurisdictions in which the D. E. Shaw group operates.
The D. E. Shaw group may transfer such personal information within and outside the country and jurisdiction of the locations where the D. E. Shaw group maintains offices, to other D. E. Shaw group affiliates, to government and regulatory authorities, and to third parties which provide or may provide support and/or services to the D. E. Shaw group and for the purposes set forth above. The persons who may have access to this personal information are other employees of the D. E. Shaw group, in connection with the performance of their duties of employment, and the other parties listed above, in connection with the business of the D. E. Shaw group. (Of course, candidates will be considered for employment opportunities only in those countries in which they express interest.)
The D. E. Shaw group will use reasonable care to maintain the confidentiality of personal information (including appropriate technical measures against unauthorized or unlawful processing and against accidental loss or destruction of, or damage to, such information) and will retain such data as required by applicable law or regulation. Candidates have the right to request access to, and correction of, their personal information in accordance with applicable law; any such request should be submitted to recruiting-inquiries@deshaw.com. Candidates who have submitted a resume to the D. E. Shaw group and do not wish to proceed with their applications should email cvwithdraw@deshaw.com. Personal information of candidates who have been the subject of background checks may have been transferred in accordance with applicable regulations, and any concerns with such transfers should be submitted to backgroundcheck-inquiries@deshaw.com.
The D. E. Shaw group may retain candidates’ information for prospective recruiting activities, including sourcing candidates for employment opportunities and for organizing events with prospective candidates, in accordance with our internal data retention procedures. Candidates who do not agree to such future use should email recruiting-inquiries@deshaw.com.
Salary : $275,000 - $300,000