Trading Assistant

Schonfeld; Greater London; Hybrid; GBP 45,000 - 80,000; Full time

Job summary

Schonfeld seeks a Trading Assistant to join the DMFI team. You will work closely with Portfolio Managers, support trade bookings, data analysis and reporting, and collaborate with Operations on bookings and risk reporting.

You will contribute to automation initiatives, ensuring accuracy across trade life-cycle processes, and liaising with multiple internal teams to align on P&L modeling and risk reporting in a fast-paced environment.

Qualifications

• 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.

Responsibilities

• Support PMs on trade bookings and blotter management.
• Handle trade recaps and ensure accuracy across the life cycle and systems.
• Oversee position management and P&L inquiries in PMS and trader systems.
• Manage FX & Future rolls, expiries, cash balances, and events.

Skills

Trading support

Trade lifecycle

Fixed Income & FX

Python

Quantitative skills

AI in workflows

Self-motivated

Attention to detail

Excel

Hedge fund experience

Rates & FX knowledge

Job description

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

• 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
• 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.

England Demographic Information (Completion is voluntary) - please only complete if you are located in the United Kingdom

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.