Asset Servicing Associate
Posted on 9/14/2023

201-500 employees

Proprietary trading firm
Company Overview
Schonfeld's mission statement is to help clients work toward financial independence through planning.
Summit, NJ, USA
Experience Level
Desired Skills
Power BI
Mergers & Acquisitions (M&A)
Business & Strategy
  • 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
  • Experience with corporate action processing
  • Experience working in a multi-strategy, multi-PM complex fund structure
  • Corporate Action Processing - including all mandatory events, including stock splits, spinoffs, stock dividends, mergers, cash dividends, and facilitating voluntary elections by engaging with PMs and managing election deadlines
  • Security Master Maintenance - data maintenance and an understanding of the various attributes of a security across all asset classes, including but not limited to market identifiers and OTC terms. Support the build out of 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 and strive to achieve the highest levels of data integrity that will ultimately be leveraged firmwide. Participate in process improvements and project initiatives to deliver firm initiatives and strategies that are scalable and efficient
  • 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
  • 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
Desired Qualifications
  • Knowledge of Bloomberg, Reuters, SQL, Python, ExcelVBA, Power BI is a plus