Equity Middle Office, Senior Associate
About The Position
Schonfeld is seeking a highly qualified Senior Associate to join its Equities Middle Office team. The team builds scalable, efficient trade support solutions and provides investment teams with expertise that helps evolve the Firm’s platform and support the production of portfolio strategies. The role manages the full trade lifecycle, supporting the trading desk with bookings, allocations, daily reconciliations, T-0 matching, settlements, and clearing across a broad range of asset classes. The Senior Associate works closely with Trading, Portfolio Managers, Fund Accounting, Technology, and Risk to ensure accurate trade processing, manage derivative lifecycle activity, respond to P&L inquiries, and contribute to platform enhancements. Schonfeld is a global multi-manager hedge fund seeking industry-leading risk-adjusted returns. It works with internal and external portfolio manager teams around the world and invests across Quant, Tactical, Fundamental Equity, and Discretionary Macro & Fixed Income strategies. The firm describes its culture as collaborative and teamwork-oriented, with learning and educational offerings, opportunities to make an impact, and community initiatives that promote inclusion and purpose.
Requirements
- At least 5 years of experience in Operations in a Middle Office or Trading Assistant capacity; buy-side experience is preferred.
- Bachelor’s degree in Finance, Economics, Business Administration, or a related field.
- In-depth knowledge of equities, equity derivatives, and FX.
- Strong understanding of non-trade activity, including derivative lifecycle events and corporate actions.
- Expert fundamental knowledge of the full trade lifecycle, from trade capture through settlement and reconciliation.
- Hands-on experience supporting EMS, PMS, and T-0 matching platforms, and messaging protocols such as FIX.
- Advanced Excel skills, including VLOOKUPs and pivot tables.
- Strong accountability and ownership, with a track record of delivering results and contributing to strategic initiatives.
- Ability to set priorities and manage multiple tasks in a fast-paced environment, with strong attention to detail and adaptability in a global setting.
- Excellent verbal and written interpersonal and communication skills.
- Enjoys working collaboratively as part of a global team.
Nice To Haves
- Experience with SPACs, PIPEs, and working with Transfer Agents.
- Hands-on experience with Separately Managed Accounts or External Investment Advisors.
- Experience with Python or SQL.
- Experience using AI tools to improve workflows or performance.
- Buy-side experience.
Responsibilities
- Manage the full trade lifecycle, from trade capture through settlement and reconciliation.
- Assist the trading desk with trade bookings and allocations.
- Perform daily reconciliations and T-0 matching.
- Support settlements and clearing across a broad range of asset classes.
- Support derivative lifecycle management and non-trade activity, including corporate actions.
- Assist with P&L inquiries.
- Coordinate with Trading, Portfolio Managers, Fund Accounting, Technology, and Risk teams to ensure accurate trade processing.
- Contribute to enhancements of the firm’s platform.
- Drive and coordinate multifunctional initiatives, both large-scale and tactical.
Benefits
- Learning and educational offerings.
- Opportunities to make an impact.
- Potential eligibility for a performance bonus.
- Competitive benefits package.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
