Equity Middle Office Associate

Schonfeld; Greater London; Hybrid; GBP 65,000 - 95,000; Full time

Job summary

Schonfeld in London is seeking an Associate for the Equity Middle Office to support trade workflows across OTC products, working with an experienced Operations team to enforce strong policies and data integrity.

You will process bookings, confirmations, and static data, ensuring accurate trade flow across systems and collaborating with trading desks and PMs. A Finance-related degree and hedge fund ops exposure are preferred.

Qualifications

• A bachelor's degree in Finance, Business Administration or related degree.
• Experience in Operations; buy-side hedge fund exposure preferred.
• Strong knowledge of OTC derivatives: IRS, CDS, Bond TRS, Equity TRS, Div Swaps, OTC Options, Vol/Var Swaps.
• Experience with Prime Broker portals and reporting.
• Excellent attention to detail and ability to multitask in a fast-paced environment.
• Willingness to learn and support the broader operations team.
• Strong communication and client service mindset.

Responsibilities

• Process trade bookings and lifecycle events for OTC products.
• Trade affirmations and confirmations with brokers and counterparties.
• Static data management for OTC products.
• Ensure trade flow across systems including resets and terminations.
• Affirm cash settlement amounts and process cash wires.
• Collaborate with trading desk, PMs and technology teams.
• T0 trade matching using MTM, Markitwire and PB portals.
• T0 reconciliations and ad-hoc requests across OTC asset classes.
• Support data accuracy reporting (P&L, NAV, positions).
• Assist swap resets, dividend accruals, and margin queries.

Skills

OTC products knowledge

Advanced Excel

Attention to detail

Communication skills

Python/SQL basics

Multi-tasking

Education

Bachelor's degree in Finance, Business Administration or related degree

Tools

Markitwire

Enfusion

Geneva

EMS platforms

Macros/VBA

Job description

The Role
We are seeking a highly analytical, detail oriented professional to join the team as an Associate in our Equity Middle Office at Schonfeld in our London office, supporting trade workflows across the OTC product space. You will be working with an experienced Operations team to implement best in class operational policies and procedures. You will have a keen attention to detail, a data integrity mindset and be someone who thrives off learning new skills and challenging yourself. You will be a natural team player who can use their strong interpersonal skills to demonstrate excellent written and verbal communication.

What you’ll doThe individual will work very closely with other middle office team members to assist with day‑to‑day operational duties across the OTC product suite, including IRS, CDS, Bond TRS, Equity TRS, Div Swaps, OTC Options, and Vol & Var Swaps.

Some of the key responsibilities are:

• Process trade bookings and lifecycle events for OTC products (IRS, CDS, FX, FX Options, Bond TRS, Equity TRS, Div Swaps, OTC Options and Vol & Var Swaps)
• Trade affirmations and paper confirmations for OTC derivatives, with daily liaison with executing brokers and counterparties
• Static data management for OTC products
• Ensure trade flow is accurately processed across all systems, including lifecycle events such as resets, fixings and terminations
• Affirm cash settlement amounts and process cash wires for OTC products.
• Work closely with trading desk, PMs and technology teams
• T0 trade matching using MTM, Markitwire and PB portals
• T0 recs and ad‑hoc requests across OTC asset classes
• Support data accuracy to trading desk and PMs, through various reporting tools (P&L, NAVs, positions etc.)
• Support with swap resets, dividend accruals, and margin/collateral queries

What you’ll bring
What you need:

• A bachelor's degree in Finance, Business Administration or related degree
• Experience in Operations; buy‑side experience at a hedge fund with direct exposure to traders/PMs preferred
• Strong working knowledge of OTC derivative products such as IRS, CDS, Bond TRS, Equity TRS, Div Swaps, OTC Options, and Vol/Var Swaps.
• Experience with various Prime Broker, executing broker and FCM web portals and reporting
• Capable of setting priorities and carrying multiple tasks in a fast‑paced environment with strong attention to detail and the ability to adapt
• Eagerness to learn and contribute to support both the broader operations team and firmwide initiatives
• Strong sense of accountability and ownership, with a track record of delivering results
• Solid communicator with excellent interpersonal skills, with an aptitude towards client service
• Enjoys working with people who challenge you and make you better at what you do
• Advanced Excel skills – vlookups, pivots, etc
• Experience working in a multi strategy, multi PM fund structure
• Experience with Markitwire, Enfusion, Geneva, and EMS platforms.
• Experience with Macros/VBA preferred. Python/SQL familiarity a plus.

Who we areSchonfeld 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 CultureAt 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.

Individuals seeking employment at Schonfeld are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation.

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. As a part of that, we want to encourage candidates to voluntarily complete the following survey which helps us keep track of how we are doing in our efforts.

Completion of the form is entirelyvoluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

Please note that all options below are as per ONS guidelines.

Race & Ethnicity Definitions

• Asian/Asian British- A person identifying as Indian, Pakistani, Bangladeshi, Chinese or any other Asian background.
• Black/African/Caribbean/Black British - A person identifying as African, Caribbean or any other Black/African/Caribbean background.
• White - A person identifying as English, Welsh, Scottish, Northern Irish, British, Irish, Gypsy or Irish Traveller or any other White background
• Mixed or Multiple Ethnic Groups - All persons who identify with more than one of the above three groups e.g. White and Black Caribbean, or White and Asian.
• Other Ethnic Group - A person who identify as a group that is not specified here e.g. Arab.