The Role

We are seeking a highly qualified Middle Office Associate to work in our best in class Equities Middle Office team. This team is responsible for building scalable and efficient solutions and offers the business subject matter expertise that drives the firm’s platform and the production of our portfolio strategies. The candidate would own some of the unique operational challenges, and bring solid experience, inherent problem solving, and creative solutions to the team.

What you’ll do 

This is a role that requires experience managing trade capture, lifecycle events, assisting trading with non-trade activities, corporate action processing, support on P&L inquiries, and daily reconciliations in a fast paced and dynamic environment. Responsibilities include, among others, affirmations and clearing, along with derivative lifecycle management, while monitoring third-party platforms for full front to back trade and position management. Required product knowledge of Equities, derivatives both listed and OTC, in a discretionary proprietary trading environment are required, with knowledge of trade structures and FX a strong plus. Will work closely with Trading, Portfolio Managers, Fund Accounting, Technology and Risk teams to deliver timely position data accuracy, P&L, and NAV. The candidate will also be expected to contribute to system and process enhancement efforts across the organization.

What you’ll bring
What you need:

• A bachelor’s degree in finance, Business Administration, or related degree.
• 3-5 years minimum experience in Operations; buy-side experience at a hedge fund with direct exposure to traders/PMs preferred.
• Exposure to various instruments such as Equities (domestic/international, swaps), and derivatives (listed and OTC). Basic understanding of financing, FX, and PnL explains is a plus.
• A minimum basic understanding of trade structures, arbitrage strategies, and corporate actions.
• Experience working directly with EMS/OMS/PMS platforms.
• Advanced Excel skills – vlookups, pivots, etc.
• Capable of setting priorities and carrying multiple tasks in a fast-paced environment with strong attention to detail and the ability to adapt.
• Eager to work within a team of people who challenge you and make you better at what you do.
• Strong sense of accountability and ownership, with a demonstratable track record of delivering results.
• Excellent interpersonal and communication skills, verbal and written, with an aptitude towards client service.
• Positive mindset and ability to work effectively as part of a global team.

We’d love if you had:

• Experience with Macros/VBA preferred. Python/SQL, and AGILE familiarity a plus.
• Prior hands-on experience working with Separately Managed Accounts / External Investment Advisors

Our Culture

The firm’s ethos is embedded in our people. ‘Talent is our strategy’ is our mantra and drives how we approach all initiatives at the firm. We believe our success is because of our people, so putting our talent above all else is our top priority.

Schonfeld strives to create an environment where our people can thrive. We foster a teamwork-oriented, collaborative environment where ideas at any level are encouraged and shared. The development and advancement of our talent is honed through interactions with each other, learning & educational offerings, and through opportunities to make impactful contributions.

At Schonfeld, we strive to cultivate a sense of belonging throughout all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. As a firm we are committed to creating a hiring process which is not only fair, but also welcoming and supportive. On a daily basis, our employees welcome diversity across identity, thought, people and views which serves as the foundation of our culture and success. You can learn more about our DEI initiatives here - Belonging @ Schonfeld.

Who we are

Schonfeld Strategic Advisors is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across four trading strategies; quantitative, fundamental equity, tactical trading and discretionary macro & fixed income. We have created a unique structure to provide global portfolio managers with autonomy, flexibility and support to best enable them to maximize the value of their businesses.

Over the last 30 years, Schonfeld has successfully capitalized on inefficiencies and opportunities within the markets. We have developed and invested heavily in proprietary technology, infrastructure and risk analytics and continue to capitalize on new opportunities. In 2021 we launched our newest strategy, discretionary macro & fixed income as part of the continual growth of Schonfeld’s investible universe. Our portfolio exposure has expanded across the Americas, Europe and Asia as well as multiple asset classes and products.

#LI-DC1

The Role 
We are seeking a qualified Analyst to join our Equities Middle Office team. This team is responsible for building scalable and efficient trade support solutions and offering our investment teams expertise that drives the evolution of our Firm’s platform and the production of our portfolio strategies.

What you’ll do 

In this role you’ll be responsible for full trade lifecycle management, assisting the trading desk with bookings, allocations, daily reconciliations, T-0 matching and affirmations, and settlements and clearing for a broad range of asset classes. You’ll work closely with the Trading, Portfolio Managers, Fund Accounting, Technology and Risk teams to ensure accurate corporate action processing, derivative expiry management, and support on P&L inquiries as well as contribute to the overall enhancement of our platform.

What you’ll bring

• A bachelor's degree in Finance, Business Administration, or related degree
• 2 years’ experience in Operations in a Middle Office/Trading Assistant capacity; buy-side experience preferred
• Knowledge with global equities and equity-linked instruments, with OTC derivatives a plus
• Strong understanding of non-trade activity, including crosses, conversions, transfers, and corporate actions
• Fundamental knowledge of the full life cycle of a trade, from trade capture to allocations, reporting, clearing/settlements, P&L, and financing considerations
• Hands on experience supporting EMS, PMS, and T-0 matching platforms, and various messaging protocols such as FIX. Enfusion experience would be a plus.
• Experience driving and coordinating multi-functional initiatives, both large scale and tactical
• Capable of setting priorities and carrying multiple tasks in a fast-paced environment with strong attention to detail and the ability to adapt in a global setting
• Strong sense of accountability and ownership, with a track record of delivering results and contributing to strategic initiatives
• Excellent interpersonal and communication skills, verbal and written, with an aptitude towards client service
• Enjoys working with people as part of a global team, who challenge you and make you better at what you do
• Advanced Excel skills – vlookups, pivots, etc.

We’d love if you had:

• Experience with SPACs, PIPEs, and working with Transfer Agents
• Prior hands on experience working with Separately Managed Accounts / External Investment Advisors
• Experience with Macros/VBA or Python/SQL, and AGILE familiarity a plus

Who We Are

Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.

Our Culture

At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls.

The base pay for this role is expected to be between $80,000.00 and $100,000.00. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.

#LI-MM1