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Schonfeld

Manages funds across global trading strategies

Corporate Strategy & Transformation Intern

Summer 2027
$48.08 - $55.29/hr
Internship
Bachelor's
Miami, FL, USA
In Person

About the job

Requirements
  • A curiosity for learning and a passion for defining problems and implementing solutions.
  • Excellent organizational, communication, and listening skills.
  • A desire to learn more about Enterprise Project Management and Requirements Formalization.
  • A basic understanding of the stock market.
  • Strong Excel, PowerPoint, and data analysis skills.
  • A keen analytical eye and a high regard for attention to detail.
Responsibilities
  • Assist with the planning and orchestration of key priorities across the organization alongside senior team members.
  • Develop strategic roadmaps and operating playbooks outlining milestones, requirements, and impact points for large cross-functional initiatives.
  • Learn and apply the firm's Path Forward framework to set and track Objectives and Key Results.
  • Build understanding of planning at the individual, team, and organizational levels.
  • Gain domain experience across functional areas supporting the Front, Middle, and Back Office.
  • Gain exposure to real-world problems intersecting finance and technology, system workflows, problem analysis, stakeholder management, and the use of AI to support enterprise change.
Desired Qualifications
  • Ideally be pursuing a degree in Finance, Accounting, Business Administration, or Statistics, or a related field.
  • Experience with data visualizations or user interface design.
  • Knowledge or coursework in SQL, Python, or another programming or database querying language.
  • Interest or experience in applying AI tools to organize and structure knowledge and drive efficiency.

About the company

Schonfeld manages private investment funds that trade across global markets, combining computer-driven strategies with decisions made by investment teams. Its four core approaches cover quantitative investing, fundamental stock selection, tactical trading, and discretionary macro and fixed income. Teams use detailed market research and proprietary systems to identify opportunities in stocks, currencies, bonds and related instruments, with centralized infrastructure supporting trading and risk management. The firm earns fees tied to assets under management and investment performance. Schonfeld was founded in 1988 and is headquartered in New York City, United States.

Company Size

201-500

Company Stage

N/A

Total Funding

$1.5B

Headquarters

New York City, New York

Founded

1988

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Simplify's Take

What believers are saying

  • Investment careers have a training path: Schonfeld's Ascent program gives associate portfolio managers personalized guidance from strategy heads.
  • Asia gets another investment platform: Schonfeld announced Triwood, its second equities business unit, in February 2026.
  • Macro teams are expanding: September 2026 reporting says Schonfeld's macro investment staff more than doubled to nearly 150.

What critics are saying

  • Manager autonomy has limits: Schonfeld's fundamental equity teams trade within individually assigned investment guidelines.
  • Singapore support work covers continuous operations: Schonfeld's platform engineers share follow-the-sun monitoring and incident response with overseas colleagues.
  • Macro expansion comes with leadership churn: September 2026 reporting identified departures of Schonfeld's former risk and macro trading heads.

What makes Schonfeld unique

  • Partner managers get dedicated backing: Schonfeld invests primarily through exclusive or semi-exclusive relationships alongside its internal teams.
  • Its automated traders work on shorter horizons: Schonfeld focuses quantitative strategies on short to intermediate holding periods.
  • Family ownership remains concentrated: Schonfeld's adviser lists three Schonfeld family trusts as direct owners.

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Benefits

Performance Bonus

Professional Development Budget

Company News

Global Fund Media Ltd
Sep 21st, 2026
Verition fixed-income chief Jonathan Raiff joins rival Schonfeld.

Verition fixed-income chief Jonathan Raiff joins rival Schonfeld. * September 21, 2026 * - 8:51 am Related topics. Verition Fund Management's head of fixed income, Jonathan Raiff, has left the multi-strategy hedge fund and is joining rival firm Schonfeld Strategic Advisors, according to a report by Bloomberg citing unnamed people familiar with the matter. Raiff's departure comes as macro and fixed-income investors contend with heightened volatility across bond markets, driven by changing inflation expectations, interest-rate policy and geopolitical developments. The report cites one person familiar with the matter as revealing that Verition plans to distribute responsibility for Raiff's former role among several members of its investment team. The firm, which managed about $15bn as of July, reportedly declined to comment, while Raiff reportedly did not respond to requests for comment. Raiff joined Verition in 2022 after spending more than two decades in investment banking and markets. At Verition, he was responsible for macro investments alongside relative-value, foreign-exchange, rates and structured-products strategies. Before moving to Verition, Raiff served as deputy head of global markets at Nomura. He left the Japanese bank in 2021 following losses related to the collapse of Archegos Capital Management, which caused significant disruption across the prime-brokerage industry.

Business Insider
Sep 14th, 2026
Schonfeld's macro unit doubles to 150 staff despite early team departures

Schonfeld Strategic Advisors' macro unit has more than doubled its investment headcount to nearly 150 staffers since last year, despite the departure of most early-day hires. The group now manages close to a fifth of the $23 billion firm's capital and has added 15 new portfolio managers in 2026. The unit, run by co-heads Colin Lancaster and Mitesh Parikh, has made money in 84% of months traded and achieved a Sharpe ratio above 3. Recent exits include former head of risk Marwan Moubachir and former global head of macro trading Amu Latif. Schonfeld's flagship Partners fund is up 6.8% year-to-date after gaining 0.2% in August. The firm reports annual portfolio manager turnover of just 2%.

Bill Malloy
Jun 26th, 2026
New Addepar CTO Bob Pisani paves the way for innovation in fintech and AI.

New Addepar CTO Bob Pisani paves the way for innovation in fintech and AI. Addepar, a fintech company trusted by leading investment and advisory firms, has made a strategic move by appointing Bob Pisani as its chief technology officer. Pisani's extensive experience and visionary leadership are poised to pave the way for groundbreaking advancements at Addepar, a global technology and data organization. Let's delve deeper into how Pisani's appointment is set to catalyze innovation and propel Addepar to new heights, particularly in the realm of Artificial Intelligence (AI) and data. A leader with a proven track record. Pisani's journey at Addepar began in 2020 when he assumed the role of heading Addepar's Platform Engineering. In this capacity, he played a pivotal role in building and managing the teams responsible for driving Addepar's data, computer, and artificial intelligence (AI) developments. Pisani's strategic vision and technical prowess laid the foundation for Addepar's global multi-product strategy, positioning the company for exponential growth and innovation. "I have had the privilege of leading Addepar's incredibly talented platform engineering teams, and I am excited for the opportunity to continue driving Addepar's growth and success on a broader scale as CTO," Bob Pisani said. Prior to joining Addepar, Pisani served as the CTO at Schonfeld Strategic Advisors, a multibillion-dollar global hedge fund, where he honed his leadership skills and deepened his understanding of the financial services landscape. Additionally, Pisani held a leadership role at Amazon Web Services in Solutions Architecture for Private Equity, where he played a key role in shaping technology solutions tailored to the unique needs of the financial industry.

Business Insider
Apr 9th, 2026
Hedge funds cut Miami investment staff despite overall growth

Several major hedge funds are reducing their investment staff in Miami despite the city's reputation as a growing finance hub. Eight multistrategy firms — including Citadel, Millennium, Point72 and Balyasny — employed 218 investment professionals in Miami in 2025, down 20 from the previous year, even as their overall investing head count grew by over 11%. Citadel, which moved its headquarters to Miami in 2022, cut 15 investment professionals there whilst adding 77 globally. Millennium reduced its Miami presence from 53 investors to 48 and consolidated from two offices to one. Only ExodusPoint and Walleye increased their Miami investment staff. Growth is instead concentrated in New York, London, Hong Kong and Dubai, according to regulatory filings.

Business Insider
Jan 23rd, 2026
Renaissance, Schonfeld, and Engineers Gate down up to 6% in rough January for quants

Quantitative hedge funds have experienced a difficult start to 2026, with the average quant down 1% through mid-January, according to Goldman Sachs. Renaissance Technologies' two largest funds lost roughly 4% each through 9 January, whilst Schonfeld's quant-only strategy fell 3.9% through 16 January. Engineers Gate was down around 6% midway through the month. The losses, primarily driven by choppy US equities markets amid trade proposals from the Trump administration, represent the worst stretch since early October. Funds crowding into similar trades have also hurt returns. Performance on 16 January proved especially challenging for many quant managers. The poor start echoes difficulties from 2025, when the average quant returned 7.7%, underperforming both the average hedge fund and the S&P 500.