Graduate Trader

Quant Blueprint LLC; New York (NY); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Dedicated mentor and manager

Weekly networking events

Learning programs

Job summary

Quant Blueprint LLC is excited to offer a summer internship program for students in New York. You will join the DMFI Middle Office Operations team for ten weeks, working closely with operations senior management on high-profile projects.

This internship provides unique learning opportunities across various business departments. Interns will gain hands-on experience in trading and operations while participating in networking events and learning programs.

Qualifications

• Keen analytical eye with high regard for attention to detail.
• Strong organizational skills and appreciation for data cataloging.
• Curiosity for learning and understanding of systems.

Responsibilities

• Assist with trade support process, including position accuracy.
• Work on trade settlement for various instruments.
• Document procedure materials for trade lifecycle.

Skills

Analytical skills

Attention to detail

Organizational skills

Advanced Excel skills

VBA

SQL querying

Education

Current enrollment in a college or university

Job description

The Role

We are excited to offer an opportunity for a diverse group of talented students to join the internship program at Schonfeld. You'll spend ten weeks within our DMFI Middle Office Operations team where you will work directly with Operations senior management and across peer groups in all areas, while being immersed in the culture and atmosphere of Schonfeld, working alongside talented professionals on high-profile projects.

The Operations team at Schonfeld takes on various responsibilities and challenges. They are responsible for the trade life cycle and that includes everything from supporting trading and portfolio managers all the way through to trade settlement. In operations you will collaborate with many peers from different departments, such as but not limited to Risk, Portfolio Financing and Fund Accounting. Operations touches upon many different facets as we are responsible for ensuring the investment side of the business can deploy their investment strategies. The Operations team is best in class in supporting policies and procedures for optimal efficiency.

What You’ll Do

As a member of the DMFI Middle Office Operations team, you will assist with our trade support process, including trading position accuracy and analysis of trading related fees. You will work on the trade settlement of fixed income, rates, FX, Futures, CDS, loans and equities. You will work on the documentation of procedure materials to support the trade lifecycle for various instruments. This will also be an opportunity to contribute to tactical initiatives such as the implementation of reconciliations and other tooling, utilizing VBA, FTP, APIs, etc.

This is a prime opportunity to learn various facets of the different business departments, acquire knowledge of how various asset types work and function, how data is retrieved and communicated with sell side counterparties, gain an appreciation for all components of data and its investment value to a hedge fund. In working on these operational projects, you will interact and liaise to help us achieve a scalable infrastructure that is efficient and has data integrity in high regard for completeness and accuracy.

What You’ll Bring

• Having a keen analytical eye with high regard for attention to detail.
• Organizational skills as well as an appreciation for data cataloging and classifications would be instrumental in these projects.
• A natural curiosity for learning and understanding how things work and systems interact.
• On the technical side, advanced Excel skills, VBA, and some SQL querying logic would go a long way in the ability to fulfill project requirements.

Our Internship

The Schonfeld summer internship provides students with a unique opportunity to experience Schonfeld, our work, our people, and our culture. Interns will typically join a small team and will spend 10 weeks at Schonfeld from June to August.

Each summer intern will work on a tailored project that will provide them with real world experience. We provide all interns with a dedicated mentor and manager to help them navigate the summer successfully. Interns will also participate in our learning program, the Sapphire: Summer Session, which aims to provide tangible skills training and education on various functions across the firm and in the workplace. Along with the hands‑on guidance and support from managers and mentors, interns will participate in weekly networking events, engage with our Diversity, Equity and Inclusion Alliance, attend panel discussions, and have many opportunities to get to know Schonfeld's core values in practice.

The annual base pay for this role is expected to be between $60,000 and $80,000 which will be prorated based on internship start and end date. The expected base pay range is based on information at the time this post was generated. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications and experience and level of education. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.