Full-Time

Equities Middle Office Senior Associate

Confirmed live in the last 24 hours

Schonfeld

Schonfeld

201-500 employees

Multi-manager investment platform for diverse strategies

Quantitative Finance
Financial Services

Compensation Overview

$135k - $160kAnnually

+ Performance Bonus

Senior

New York, NY, USA

Category
Sales & Trading
Finance & Banking
Requirements
  • A bachelor's degree in Finance, Business Administration, or related degree
  • 4-8 years’ experience in Operations in a Middle Office/Trading Assistant capacity; buy-side experience preferred
  • In depth 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
  • Expert 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.
Responsibilities
  • 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
  • Working 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
  • Contributing to the overall enhancement of our platform

Schonfeld Strategic Advisors is a multi-manager investment platform that invests capital with internal and partner portfolio managers across four main trading strategies: quantitative, fundamental equity, tactical trading, and discretionary macro & fixed income. The firm provides portfolio managers with the autonomy and support needed to enhance their operations while leveraging proprietary technology and risk analytics to identify market opportunities. Schonfeld serves institutional investors and high-net-worth individuals, focusing on generating returns through strategic investments and effective risk management. Their goal is to maximize the value of their investments by covering a wide range of asset classes globally.

Company Stage

N/A

Total Funding

$1.5B

Headquarters

New York City, New York

Founded

1988

Simplify Jobs

Simplify's Take

What believers are saying

  • Schonfeld's diverse investment portfolio offers employees exposure to a wide range of industries, enhancing their market knowledge and expertise.
  • The firm's significant growth in Asia presents opportunities for international assignments and career advancement.
  • Working at Schonfeld provides access to a network of high-caliber professionals, fostering a collaborative and innovative work environment.

What critics are saying

  • The departure of key personnel, such as the Asia cohead, could disrupt operations and affect regional growth.
  • Schonfeld's aggressive acquisition strategy may lead to integration challenges and potential overextension.

What makes Schonfeld unique

  • Schonfeld's strategic acquisitions across diverse sectors, from biotechnology to media, demonstrate a broad investment approach that sets it apart from more specialized hedge funds.
  • The firm's rapid expansion in Asia, including Japan and Australia, highlights its aggressive growth strategy and commitment to global market penetration.
  • Schonfeld's ability to attract top talent, such as the recent hiring of Alphadyne's former CTO, underscores its reputation as a desirable workplace in the competitive hedge fund industry.

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