New

Trading Assistant

New York, New York, United States

The Role

We are seeking a Trading Assistant to join the Discretionary Macro and Fixed Income (DMFI) team at Schonfeld. You will have a passion for trading and a deep interest in financial markets. In the role, you will be working closely with Portfolio Managers (PMs) whilst proactively collaborating with the Operations department on trade bookings, data analysis, and reports. You will create strong relationships across internal/external stakeholder groups and be able to communicate effectively and work well with others.

What you’ll do 

  • Support the Portfolio Managers on trade bookings and overall blotter management
  • Responsible for trade recaps and management therein to ensure accuracy across the trade life-cycle process and all systems
  • Oversee position management as well as P&L inquiries within the Portfolio Management System (PMS) and trader systems
  • Management of FX & Future rolls, expiries, cash balances, and trade/position impactful events
  • Contribute and solve for automation and tooling wherever possible in reducing risk and gaps
  • Liaise with stakeholders and Portfolio Managers on various risk and attribution reporting
  • Ensure compliance and due diligence measures are adhered to and followed in accordance with regulatory and fiduciary responsibilities
  • Liaise with Operations, Product, and P&L Valuations teams where necessary to ensure vendor and internal support systems are in alignment with Portfolio Managers' accuracy in booking and P&L modeling within the expected firm construct.

What you’ll bring
What you need:

  • Proven experience supporting Portfolio Managers or Traders
  • Knowledge of operational risk and trade life cycle events as they impact P&L
  • Strong quantitative and analytical problem-solving skills, effective communication, and presentation skills
  • Strong understanding of financial markets and various Fixed Income and FX products, including futures, forwards, swaps, and options
  • Self-manageable with intellectual curiosity seeking the best possible solutions wherever possible
  • Ability to work in a fast-paced environment, multi-task with ease, with close attention to detail, and have a strong interest in the market and product structures
  • Advanced Excel with VBA and macros
  • Proficiency in Python

Who we are  
Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance.

We specialize in four core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics.

We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices.

Our Culture
Talent is our strategy. We believe our success is because of our people, so putting our talent above all else is our top priority. We are teamwork-oriented, collaborative, and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning & educational offerings and opportunities to make an impact.

We foster a sense of belonging among all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. Our employees value diversity across identity, thought, people and perspective which serves as the foundation of our culture. As a firm, we are committed to creating a hiring process that is fair, welcoming and supportive.

 

The base pay for this role is expected to be between $80,000 and $130,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.

 

 

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U.S. Demographic Information (Completion is voluntary)

Individuals seeking employment at Schonfeld are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. 

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. As a part of that, we want to encourage candidates to voluntarily complete the following survey which helps us keep track of how we are doing in our efforts.

Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

Please note that all options below are as per EEOC guidelines and definitions.

Race & Ethnicity Definitions 

American Indian or Alaskan Native - A person having origins in any of the original peoples of North and South America (including Central America), and who maintain tribal affiliation or community attachment.

Asian - A person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian Subcontinent, including, for example, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand, and Vietnam.

Black or African American - A person having origins in any of the black racial groups of Africa.

Hispanic or Latino - A person of Cuban, Mexican, Puerto Rican, South or Central American, or
other Spanish culture or origin regardless of race.

White - A person having origins in any of the original peoples of Europe, the Middle East, or North Africa.

Native Hawaiian or Other Pacific Islander - A person having origins in any of the peoples of Hawaii, Guam, Samoa, or other Pacific Islands.

Two or More Races - All persons who identify with more than one of the above five races.

 

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