Thinking of joining the exec team, think again - Quantitative Researcher Squarepoint Capital Employee Review

1.0
6 Aug 2023
Recommend
CEO approval
Business outlook

Pros

-Free lunch, not much else

Cons

-Culture has become incredibly toxic especially with recent middle management hires in the past 1-1.5 years -Rampant politicking and everlasting hunger games with secret meetings and backstabbing across teams -Exec team has turned into a clown show -Upper management has allowed individuals in middle management to run wildly with no oversight leading to the implementation of poorly thought out ideas -Overall morale has gone into a tailspin especially in certain regions -The desire to systematize everything to the extreme has not only taken away the only enjoyable parts of the job but has also led to large pnl losses by not having a human overseeing large amounts of risk. Either the top doesn't care or this info is being swept under the rug with all the other issues. -Firing of individuals based solely on middle managements biased and unreliable feedback -Information from the front lines are not making it upwards or the top simply does not care, it seems to be the latter

Explore other reviews about Squarepoint Capital

5.0
8 Feb 2026
Recommend
CEO approval
Business outlook

Pros

lunch benefits are pretty great

Cons

nothing much, keep it up

2.0
22 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Some people are nice and collaborative

Cons

The firm is run by a group of all-French "partners" milking on their success in stat arb. The organization is a strict hierarchy, where partners are nobleman and everyone else peasants. There is no transparency or open communication. No performance review. Personnel decisions are made behind doors and people are fired casually and frequently, The worst is for human traders, who are constantly squeezed for their IP and then fired once replaced by code. Better for French quants under the correct political umbrella. Do not believe in their recruiting lies about wanting to grow and diversify; the reality is that most partners are extremely insecure, arrogant and hostile to change. If you are a junior person, there is no upward mobility (serious French bureaucracy); if you are a senior person, you will report to quants who do not understand business, do not care and do not trust you.

4
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