The Role 

We are seeking a highly motivated, detail-oriented associate to join our Asset Servicing team in our New York City or New Jersey office. The team is primarily responsible for security master data integrity and corporate action processing, although the role will surely expand as our firm grows. Given the dynamic nature of this position, and the Asset Servicing team in general, you will interact with all areas of the firm including product management, technology, market data, risk, accounting, trading, middle office, and our internal and external Portfolio Managers. The candidate will initially be focused on onboarding our historical security master, but this will evolve into a more robust position helping with our current security master data integrity, as well as the broader Asset Servicing team mandates. The candidate will ideally have a few years dealing with referential data at a financial firm. In lieu of direct experience in this area, a strong display and history of problem-solving skills, creativity, intellectual curiosity, and ability to both initiate and embrace change would be welcomed.   

What you’ll do

The role is primarily focused on historical security master onboarding, referential data maintenance and integrity, and corporate action processing / break resolution. Successful completion of these tasks require attention to detail, ability to multi-task, and a strong sense of responsibility.

• Historical Security Master onboarding – work with product, technology, and third-party vendors to create a link between our current security master and historical data – over time continue to monitor and maintain the lineage and accuracy of this data.
• Security Master Maintenance- data maintenance and an understanding of the various attributes of a security, including but not limited to market identifiers and OTC terms. Help build out new products as the firm continues to expand, ensuring all downstream systems and teams can capture the required data.
• Data Integrity Improvements - help build out tools to monitor reference data, ensuring clean, accurate data is available for consumers. Participate in process improvements and project initiatives to deliver firm initiatives and strategies that are scalable and efficient.
• Corporate Action Processing - includes all mandatory events, including stock splits, spinoffs, stock dividends, mergers, cash dividends, and facilitating voluntary elections by engaging with PMs and managing election deadlines.
• Position breaks resolution – including reconciling, prioritizing, and resolving cash & position breaks related to corporate actions in a timely manner across PBs and our third-party administrators.

What you’ll bring

What you need:

• A bachelor’s degree in Finance, Economics, or related degree.
• 3-5 years minimum experience in Reference Data or Operations at a hedge fund or hedge fund administrator; buy-side experience preferred.
• Broad based product knowledge across a wide array of product types including listed equities, futures, options, and various OTC products.
• Strong excel skills and the ability to learn new systems rapidly.
• Ability to exercise discretion and independent judgment in sensitive matters.
• Experience with process automation/enhancements and strong technical skills.
• Excellent verbal and written communication skills.
• Strong ownership and a track record of delivering results.
• The ability to carry multiple tasks in a fast-paced environment with strong attention to detail.
• Positive mindset and ability to work effectively in a global team.

We’d love if you had:

• Knowledge of Bloomberg, Reuters, SQL, Python, Excel VBA, Power BI is a plus.
• Experience working in a multi-strategy, multi-PM complex fund structure.
• An experience where you improved a long-standing process or delivered efficiency.

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 themarkets. 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.

The base pay for this role is expected to be between $70,000 and $100,000. 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.

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