tags.new

Enterprise Risk Associate, FX & Rates

New York, New York, United States

The Role

We are seeking an exceptionally talented individual to join our risk team to be a key member focused on risk modeling and monitoring in support of senior leadership in making capital allocation and firm risk management decisions.  A successful candidate will help to build and maintain analytical framework used to gain insights into risk drivers of our portfolios, as well as communicate those insights to senior management.

What you’ll do

The Risk Associate will be responsible for understanding our trading strategies and making sure that the risk inherent in those strategies is captured correctly in our risk models.  To accomplish this goal, you will work with Technology, external vendors, COO teams, strategy quants and strategy risk coverage teams to prioritize work needed to correctly capture risk at the enterprise level.  When external solutions fail to fit enterprise requirements, you will be responsible for creating our own models and solutions.

You will also be responsible for generating insights into the key drivers of firmwide risk and communicating them to the broader management team.  You will also work on incorporating them into models and analytics to mitigate the risk of outsized drawdowns and to help inform the firm’s capital allocation process.

 

What you’ll bring

What you need:

 

  • Experience with market standard models for pricing rates and FX derivatives
  • 5-10 years of experience working in quantitative trading or risk
  • A strong track record of working independently to solve business problems
  • The ability to simplify and present complex topics and influence decision outcomes
  • Passion for learning and discovering new ideas in quantitative finance
  • Proficiency with procedural programming skills (Python)
  • Strong mathematical and statistical modeling (knowledge of matrix algebra and linear analysis)
  • Comfort with analysis of large datasets, high-level attention to detail

 

We’d love if you had:

  • A personal GitHub page highlighting some of your personal projects
  • Knowledge of Hedge Fund rates & FX derivative trading strategies

 

Who we are  
Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.

 

Our Culture
At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. 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 and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls.

The base pay for this role is expected to be between $175,000 and $250,000. 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.

#LI-DC1

 

Create a Job Alert

Interested in building your career at Schonfeld ? Get future opportunities sent straight to your email.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Select...

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.

 

Select...
Select...
Select...