Equity Middle Office, Senior Associate New York, New York, United States

Schonfeld

New York (NY)

On-site

USD 120,000 - 150,000

Full time

9 days ago

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Job summary

Schonfeld is seeking a Senior Associate for the Equities Middle Office to support full trade lifecycle processing and platform enhancements. You will work with Trading, PMs, Fund Accounting, Technology and Risk to ensure accurate trade processing and derivative lifecycle management.

You bring 5+ years in middle office operations, deep knowledge of equities and derivatives, and hands-on experience with EMS, PMS, and FIX. Exceptional communication and multitasking in a global setting are required.

Qualifications

  • 5+ years in Operations in a Middle Office/Trading Assistant role.
  • Bachelor’s degree in Finance, Economics, Business Administration, or related field.
  • In-depth knowledge of equities, equity derivatives, and FX.
  • Understanding of derivative lifecycle events and corporate actions.
  • Fundamental knowledge of full trade lifecycle from capture to settlement.
  • Hands-on experience with EMS, PMS, and T-0 matching; FIX protocols.
  • Advanced Excel skills (VLOOKUPs, PivotTables).
  • Strong accountability and ownership with delivery focus.
  • Experience coordinating multi-functional initiatives.
  • Ability to manage multiple tasks in a fast-paced, global setting.
  • Excellent interpersonal and written communication.
  • Experience with SPACs, PIPEs, and Transfer Agents.
  • Experience with Separately Managed Accounts / External Investment Advisors.
  • Experience with Python/SQL.
  • Experience using AI tools to improve workflows or performance.

Responsibilities

  • Manage full trade lifecycle including bookings, allocations, reconciliations, settlements.
  • Support T-0 matching and clearing across asset classes.
  • Collaborate with Trading, PMs, Fund Accounting, Technology and Risk to enhance the platform.
  • Assist with P&L inquiries and derivative lifecycle management.

Skills

5+ years’ experience in Operations ina
Equities, equity derivatives, and FX
Derivative lifecycle events & corp. A.
Full trade lifecycle knowledge
EMS, PMS, T-0 matching & FIX
Advanced Excel (vlookups, pivots)
Accountability & ownership
Multi-functional initiatives
Prioritization & multi-tasking in a 24
Interpersonal & written communication
SPACs, PIPEs, Transfer Agents
Seperately Managed Accounts / External
Python/SQL
AI tools to improve workflows

Education

Bachelor’s degree in Finance, Economics, Business Administration, or related degree

Tools

FIX protocol
EMS
PMS
T-0 matching platforms

Job description

We are seeking a highly qualified Senior Associate to join our Equities Middle Office team. This team is responsible for building scalable and efficient trade support solutions and offering our investment teams expertise that drives the evolution of our Firm’s platform and the production of our portfolio strategies.

What you’ll do

In this role you’ll be responsible for full trade lifecycle management, assisting the trading desk with bookings, allocations, daily reconciliations, T-0 matching, and settlements and clearing for a broad range of asset classes. You’ll work closely with the Trading, Portfolio Managers, Fund Accounting, Technology and Risk teams to ensure accurate trade processing, derivative lifecycle management, and support on P&L inquiries as well as contribute to the overall enhancement of our platform.

What you’ll bring
  • 5+ years’ experience in Operations in a Middle Office/Trading Assistant capacity; buy-side experience preferred
  • A bachelor’s degree in Finance, Economics, Business Administration, or related degree
  • In depth knowledge of equities, equity derivatives, and FX
  • Strong understanding of non-trade activity, including derivative lifecycle events and corporate actions
  • Expert fundamental knowledge of the full life cycle of a trade, from trade capture through settlement and reconciliation
  • Hands on experience supporting EMS, PMS, and T-0 matching platforms, and various messaging protocols such as FIX
  • Advanced Excel skills – vlookups, pivots, etc.
  • Strong sense of accountability and ownership, with a track record of delivering results and contributing to strategic initiatives
  • Experience driving and coordinating multi-functional initiatives, both large scale and tactical
  • Capable of setting priorities and carrying multiple tasks in a fast-paced environment with strong attention to detail and the ability to adapt in a global setting
  • Excellent interpersonal and communication skills, verbal and written
  • Enjoys working with people as part of a global team, who challenge you and make you better at what you do
  • Experience with SPACs, PIPEs, and working with Transfer Agents
  • Prior hands on experience working with Separately Managed Accounts / External Investment Advisors
  • Experience with Python/SQL
  • Experience using AI tools to improve workflows or performance
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.

The base pay for this role is expected to be between $120,000 and $150,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.

U.S. Demographic Information (Completion is voluntary)

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 EEOC guidelines and definitions.

Race & Ethnicity Definitions

American Indian or Alaskan Native - A person having origins in any of the original peoples of North and South America (including Central America), and who maintain tribal affiliation or community attachment.

Asian - A person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian Subcontinent, including, for example, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand, and Vietnam.

Black or African American - A person having origins in any of the black racial groups of Africa.

Hispanic or Latino - A person of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin regardless of race.

White - A person having origins in any of the original peoples of Europe, the Middle East, or North Africa.

Native Hawaiian or Other Pacific Islander - A person having origins in any of the peoples of Hawaii, Guam, Samoa, or other Pacific Islands.

Two or More Races - All persons who identify with more than one of the above five races.

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