Trading Assistant

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 PMS and trader systems
• Management of FX & Future rolls, expiries, cash balances, and trade/position impactful events
• Support a Trading Assistant Blotter tool
• 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 Trading;
• Knowledge of operational risk and trade life cycle events as it impacts P&L
• Strong understanding of financial markets and various Fixed Income and FX products, including futures, forwards, swaps and options
• Python programming skills for data analysis, automation, and tool support & development
• Strong quantitative and analytical problem-solving skills, effective communication, and presentations skills
• Ability to incorporate AI into routine workflows - using AI models for analysis, automation, fact-finding, and operational efficiency
• Strong understanding of financial markets and various Fixed Income and FX products, including futures, forwards, swaps and options
• Self-manageable with intellectual curiosity seeking best possible solutions wherever possible
• Ability to work in a fast-paced environment, multi-task with ease, with close attention to detail and having a strong interest in the market and product structures
• Advanced Excel and data handling capabilities - expert-level manipulation, analysis, and visualization

 

We’d love if you had:

• Experience working in a hedge-fund, investment bank, or asset management firm.
• cross-asset, multi-product knowledge across Rates and FX instruments.

 

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.

 

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