Full-Time

Core Operations Analyst

Posted on 9/27/2024

Schonfeld

Schonfeld

201-500 employees

Multi-manager investment platform for diverse strategies

Quantitative Finance
Financial Services

Mid

London, UK

Category
Asset Management
Risk Management
Finance & Banking
Required Skills
Python
JavaScript
SQL
C/C++
Excel/Numbers/Sheets
Requirements
  • In-depth product knowledge on financial instruments e.g. Equity, Futures, Option, FX, Bond, Listed Swap, OTC etc.
  • Highly experienced in performing reconciliations, including break resolution, between order management system and accounting system, order management system and Prime Broker trading data etc.
  • Experienced in order management and/or accounting systems e.g. Enfusion, Traiana, Geneva, Gresham etc.
  • Experienced in migrating reconciliations and/or operational processes which involve different accounting systems
  • Proven track record in automating operational processes, implementing process enhancements and working with multiple stakeholders to roll out strategic initiatives
  • Strong technical skills in Microsoft Excel e.g. PivotTable, functions, Visual Basic for Application and programming languages e.g. Python, C++, JavaScript, SQL etc.
  • Bachelor’s degree in Business, Finance, Accounting or any other related field
  • 3-5 years of working experience in the Hedge Fund industry (preferably with a multi-manager platform)
  • Highly analytical, detail-oriented, driven, inquisitive and entrepreneurial team player with excellent interpersonal skills, good written and verbal communication skills, exceptional problem-solving skills, a strong control mindset and a high level of self-leadership
Responsibilities
  • Perform T+1 reconciliations, including break resolution, between internal systems or internal systems and Prime Broker for a variety of financial instruments e.g. Equity, Futures, Option, FX, Bond, Listed Swap, OTC etc.
  • Review external fund administrators’ T+1 reconciliations and liaise with both internal and external stakeholders e.g. Middle Office, Asset Servicing, Fund Accounting, Prime Broker, Third-Party service providers to resolve breaks
  • Collaborate with both internal and external stakeholders e.g. Operations Technology, Trade Support, Accounting Valuations Team, Third-Party service providers etc. to resolve operational issues, automate operational processes, implement strategic initiatives, roll out best practices, standardize operational procedures etc.
  • Work alongside senior team members and management on strategic initiatives and implement enhancements to streamline workflows and achieve efficiencies
  • Create structure by defining operational procedures, recommending process improvements and rolling them out
  • Other ad-hoc tasks and/or projects as and when it’s assigned by senior team members and/or management team

Schonfeld Strategic Advisors is a multi-manager investment platform that invests capital with internal and partner portfolio managers across four main strategies: quantitative, fundamental equity, tactical trading, and discretionary macro & fixed income. The firm provides portfolio managers with the autonomy and support needed to optimize their businesses while leveraging proprietary technology and risk analytics to identify market opportunities. With a global presence covering the Americas, Europe, and Asia, Schonfeld serves institutional investors and high-net-worth individuals seeking diversified investment strategies. The company's goal is to generate returns through strategic investments and effective risk management.

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

  • Advancements in AI enhance Schonfeld's quantitative trading models.
  • Thematic investing trends offer expansion opportunities in technology and healthcare sectors.
  • Blockchain integration opens new investment avenues for Schonfeld.

What critics are saying

  • Departure of key personnel may disrupt Asia operations and growth.
  • Over-reliance on acquisitions in non-core sectors could pose strategic risks.
  • Integration challenges with new CTO may affect strategic alignment.

What makes Schonfeld unique

  • Schonfeld leverages proprietary technology and risk analytics for strategic investments.
  • The firm offers autonomy and flexibility to global portfolio managers.
  • Schonfeld's multi-manager platform spans quantitative, fundamental equity, and tactical trading strategies.

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