Trading Assistant

Schonfeld; Miami (FL); On-site; USD 60,000 - 90,000; Full time

Job summary

Schonfeld seeks a Trading Assistant for the Discretionary Macro and Fixed Income (DMFI) team inMiami, working closely with Portfolio Managers on trade bookings, data analysis, and reporting. You will build relationships across internal and external stakeholders and contribute to robust processes.

You will support blotter management, trade recaps, risk reporting, and P&L inquiries, while helping drive automation to reduce risk and improve efficiency.

Qualifications

• 2-3 years experience supporting Portfolio Managers or Trading.
• Knowledge of operational risk and trade life cycle events as they impact P&L.
• Strong quantitative and analytical problem-solving skills, effective communication, and presentation skills.
• Strong understanding of financial markets and various Fixed Income and FX products, including futures, forwards, swaps, and options.
• Self-manageable with intellectual curiosity seeking the best possible solutions wherever possible.
• Ability to work in a fast-paced environment, multi-task with ease, with close attention to detail, and have a strong interest in the market and product structures.
• Advanced Excel with VBA.

Responsibilities

• Support the Portfolio Managers on trade bookings and blotter management.
• Responsible for trade recaps and management to ensure accuracy across the trade life-cycle and all systems.
• Oversee position management and P&L inquiries within PMS and trader systems.
• Manage FX & Future rolls, expiries, cash balances, and trade/position impactful events.
• Contribute to automation and tooling to reduce risk and gaps.
• Liaise with stakeholders and PMs on risk and attribution reporting.
• Ensure compliance and due diligence per regulatory and fiduciary responsibilities.
• Coordinate with Operations, Product, and P&L Valuations teams to align vendor and internal support with PMs' booking and P&L modeling.

Skills

Trade support

Operational risk

Quantitative skills

FX knowledge

Excel VBA

Python

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
• 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

What you need:

• 2-3 years experience supporting Portfolio Managers or Trading
• Knowledge of operational risk and trade life cycle events as they impact P&L
• Strong quantitative and analytical problem-solving skills, effective communication, and presentation skills
• Strong understanding of financial markets and various Fixed Income and FX products, including futures, forwards, swaps, and options
• Self-manageable with intellectual curiosity seeking the best possible solutions wherever possible
• Ability to work in a fast-paced environment, multi-task with ease, with close attention to detail, and have a strong interest in the market and product structures
• Advanced Excel with VBA

We’d love it if you had:

• Python programming skills or the like

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-att 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.

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.