Core Operations Associate

Schonfeld; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

Schonfeld in Singapore seeks an Operations professional to perform T+1 reconciliations across OMS and Prime Broker data for equities, futures, FX and more. You will work with Middle Office, Fund Accounting and external providers to resolve breaks and improve processes.

The role requires 5–7 years of reconciliation experience, strong Excel, VBA, and programming skills (Python/SQL). A bachelor’s degree in business, finance or accounting is required, with a focus on accuracy and process improvement.

Qualifications

• Bachelor’s degree in Business, Finance, Accounting or related field.
• 5–7 years in performing reconciliations between OMS and accounting systems.
• Experience with hedge fund operations and multi-manager platforms.

Responsibilities

• Perform T+1 reconciliations and break resolution across instruments.
• Review external reconciliations with internal stakeholders to resolve breaks.
• Collaborate to automate processes and roll out best practices.
• Support strategic initiatives and streamline workflows with senior staff.
• Create and roll out standardized operational procedures.

Skills

Reconciliations

Break resolution

Excel

Python

SQL

Education

Bachelor's degree in Business, Finance, Accounting

Tools

Enfusion

Traiana

Geneva

Gresham

Job description

The Role

A fantastic opportunity in Schonfeld’s Core Operations team in Singapore. 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 reconciliations, including break resolution, between internal systems or internal systems and Prime Broker for a variety of financial instruments e.g. Equity, Futures, Option, FX, Bond, Listed Swap, OTC etc.
• Review external fund administrators’ T+1 reconciliations and liaise with both internal and external stakeholders e.g. Middle Office, Asset Servicing, Fund Accounting, Prime Broker, Third-Party service providers to resolve breaks
• Collaborate with both internal and external stakeholders e.g. Operations Technology, Trade Support, Accounting Valuations Team, Third-Party service providers etc. to resolve operational issues, automate operational processes, implement strategic initiatives, roll out best practices, standardize operational procedures etc.
• Work alongside senior team members and management on strategic initiatives and implement enhancements to streamline workflows and achieve efficiencies
• Create structure by defining operational procedures, recommending process improvements and rolling them out
• Other ad-hoc tasks and/or projects as and when it’s assigned by senior team members and/or management team

What You’ll Bring

• In-depth product knowledge on financial instruments e.g. Equity, Futures, Option, FX, Bond, Listed Swap, OTC etc.
• 5-7 years of experience in performing reconciliations, including break resolution, between order management system and accounting system, order management system and Prime Broker trading data etc.
• Experienced in order management and/or accounting systems e.g. Enfusion, Traiana, Geneva, Gresham etc. (preferably)
• Experienced in migrating reconciliations and/or operational processes which involve different accounting systems
• Proven track record in automating operational processes, implementing process enhancements and working with multiple stakeholders to roll out strategic initiatives
• Experienced in working with large data sets and analyzing those data using Microsoft Excel functionalities
• Strong technical skills in Microsoft Excel e.g. PivotTable, functions, Visual Basic for Application (essential) and programming languages e.g. Python, C++, JavaScript, SQL (preferably) etc.

Who You are

• Bachelor’s degree in Business, Finance, Accounting or any other related field
• Working experience in the Hedge Fund industry (preferably with a multi-manager platform)
• Highly analytical, detail-oriented, driven, inquisitive and entrepreneurial team player with excellent interpersonal skills, good written and verbal communication skills, exceptional problem-solving skills, a strong control mindset and a high level of self-leadership

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.