Core Operations Analyst

The Role

A fantastic opportunity in Schonfeld’s Core Operations team in London. We are a global multi-manager platform with both internal and external portfolio managers who invest across a variety of strategies e.g. Fundamental Equity, Tactical, Quantitative, Discretionary Macro & Fixed Income etc. You will be working with experienced Operations professionals to implement best-in-class operational procedures. You can also look forward to owning some of the most challenging and unique operational challenges in the hedge fund industry.

What you’ll do 

• Perform T+1 position, trade and cash reconciliations between internal systems and vs Prime Brokers, for a variety of financial instruments including Equities, Swaps, F&O, FX, Bonds, OTC

• Review external fund administrators’ T+1 reconciliations and assist with investigation
• Liaise with both internal and external stakeholders to resolve breaks e.g. Middle Office, Asset Servicing, Fund Accounting, Prime Brokers, Third-Party service providers
• Collaborate with both internal and external stakeholders e.g. Technology, Trade Support, MO, PBs, service providers etc. to resolve operational issues, automate operational processes, implement strategic initiatives, roll out best practices and standardize operational procedures
• Work alongside senior team members and management on strategic initiatives
• Create structure by defining operational procedures, recommending process improvements and rolling them out
• Other ad-hoc tasks and/or projects

What you’ll bring
What you need:

• Bachelor’s degree in Business, Finance, Accounting or any other related field
• Experience in trading operations role (preferably buy-side, but would consider IB/admin/AM candidates)
• Highly analytical and detail-oriented team player with strong interpersonal skills, exceptional problem-solving skills, a strong control mindset and a high level of self-leadership
• Strong product knowledge of financial instruments e.g. Equities, Swaps, Futures & Options, FX, Bonds, OTC etc.
• Experienced in performing reconciliations, including break resolution
• Experience working with large data sets and analyzing data using Microsoft Excel functions like pivot tables and vlookup etc.
• Experience of OMS/accounting systems and/or external affirmation platforms e.g. Enfusion, Traiana, Geneva etc.

We’d love it if you had:

• Experience of migrating reconciliations and/or operational processes
• Experience of automating operational processes or implementing process enhancements
• Tech skills including SQL, Excel macros / VBA, Python, C++ etc.

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. 

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