Trading Assistant

Schonfeld•New York, NY

4h•Onsite

About The Position

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. 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. 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.

Requirements

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
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

Responsibilities

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.