Compensation & Benefits Associate

Compensation & Benefits Associate

The Role

As the Compensation & Benefits Associate, you will support benefits administration, assist with compensation processes, and contribute to payroll operations for Schonfeld's EMEA employees. You will be a day-to-day contributor across our benefits programmes, supporting on annual compensation cycles, and a reliable partner on payroll ensuring each cycle runs accurately and on time.

You will work closely with HCM, Accounting, and Legal, as well as external brokers, vendors, and payroll providers.

What you’ll do

Benefits Administration

• Assist with the administration of employee benefits, including private medical, life insurance, group income protection and pension.
• Support the full employee benefits lifecycle: enrolments, changes, leavers, and qualifying life events.
• Support benefits onboarding for new joiners and offboarding for leavers, ensuring accurate and timely processing.
• Track invoices and payments across all benefits providers and process medical insurance payments.
• Support pension administration: new joiner set-ups (auto-enrolment, opt-ins/opt-outs)

Payroll/Compensation Operations

• Support end-to-end payroll processing in partnership with the local payroll provider, using ADP and Workday.
• Prepare payroll inputs each cycle, including new hires, leavers, salary changes, and benefits-related adjustments.
• Conduct payroll audits and reconciliations to ensure data accuracy and integrity across systems.
• Maintain audit-ready payroll records, including clear documentation of processes and controls and support internal and external audits across all countries.
• Assist with payrolling of benefits and pension contributions.

What you’ll bring

What you need:

• Working knowledge of UK statutory benefits and payroll requirements (HMRC, auto-enrolment).
• Experience maintaining relationships with benefits brokers and vendors.
• Comfortable working across multiple HR and payroll systems (e.g. Workday, ADP).
• Strong attention to detail and high standards for data accuracy and confidentiality.
• Clear written and verbal communication skills.
• Proficiency in Microsoft Excel for analysis and reporting.

We’d love if you had: (Attributes that will make a candidate exceptional)

• Experience with European and South America benefits administration with exposure to payroll operations.
• Working experience at a hedge fund and/or in the financial services industry.

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 the markets. 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.

#LI-DC1