The Role
A fantastic opportunity in Schonfeld’s Core Operations team in London. We are a global multi-manager platform with both internal and external portfolio managers who invest across a variety of strategies e.g. Fundamental Equity, Tactical, Quantitative, Discretionary Macro & Fixed Income etc. You will be working with experienced Operations professionals to implement best-in-class operational procedures. You can also look forward to owning some of the most challenging and unique operational challenges in the hedge fund industry.
What You’ll Do
- 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
What You’ll Bring
- 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.
Who You are
- 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
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.
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