At a Glance
- Tasks: Join our team to tackle operational challenges in the hedge fund industry.
- Company: Dynamic global multi-manager platform with a collaborative culture.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make an impact in finance while working with experienced professionals.
- Qualifications: Bachelor’s degree in relevant field and experience in trading operations.
- Other info: Embrace diversity and inclusion in a supportive workplace.
The predicted salary is between 36000 - 60000 ÂŁ per year.
A fantastic opportunity in Schonfeld’s Core Operations team in London. 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. You will be working with experienced Operations professionals to implement best-in-class operational procedures and own some of the most challenging operational challenges in the hedge fund industry.
What You’ll Do
- Perform T+1 position, trade and cash reconciliations between internal systems and vs Prime Brokers for a variety of financial instruments including Equities, Swaps, F&O, FX, Bonds, OTC.
- Review external fund administrators’ T+1 reconciliations and assist with investigations.
- Liaise with internal and external stakeholders to resolve breaks (e.g., Middle Office, Asset Servicing, Fund Accounting, Prime Brokers, Third-Party service providers).
- Collaborate with Technology, Trade Support, MO, PBs and service providers to resolve operational issues, automate processes, implement strategic initiatives, roll out best practices and standardize procedures.
- Work alongside senior team members on strategic initiatives.
- Define operational procedures, recommend process improvements and roll them out.
- Other ad-hoc tasks and/or projects.
What You’ll Bring
- Bachelor’s degree in Business, Finance, Accounting or related field.
- Experience in trading operations (preferably buy-side; IB/admin/AM candidates considered).
- Highly analytical and detail-oriented team player with strong interpersonal and problem-solving skills, a strong control mindset and high self-leadership.
- Strong product knowledge of financial instruments (Equities, Swaps, Futures & Options, FX, Bonds, OTC).
- Experience performing reconciliations, including break resolution.
- Experience working with large data sets and analyzing data using Microsoft Excel (pivot tables, VLOOKUP, etc.).
- Experience with OMS/accounting systems and/or external affirmation platforms (e.g., Enfusion, Traiana, Geneva).
We’d Love It If You Had
- Experience migrating reconciliations and/or operational processes.
- Experience automating operational processes or implementing process enhancements.
- Tech skills including SQL, Excel macros/VBA, Python, C++.
Our Culture
The firm’s ethos is embedded in our people. “Talent is our strategy” drives how we approach all initiatives. Schonfeld strives to create a teamwork-oriented, collaborative environment where ideas at any level are encouraged and shared. Talent development and advancement are supported through interactions, learning opportunities, and opportunities to contribute meaningfully.
We cultivate a sense of belonging with Diversity, Equity and Inclusion at the forefront. Our hiring processes aim to be fair, welcoming and supportive, with daily commitment to diversity across identity, thought, people and views as the foundation of our culture and success.
Who We Are
Schonfeld Strategic Advisors is a multi-manager platform that invests with Internal and Partner portfolio managers across four trading strategies: quantitative, fundamental equity, tactical trading and discretionary macro & fixed income. We provide global portfolio managers with autonomy, flexibility and support to maximize the value of their businesses. Over the last 30 years, Schonfeld has capitalized on market inefficiencies through proprietary technology, infrastructure and risk analytics. Our portfolio exposure spans the Americas, Europe and Asia across multiple asset classes.
Core Operations Analyst employer: Schonfeld
Contact Detail:
Schonfeld Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Core Operations Analyst
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at Schonfeld. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial instruments and operational processes. Be ready to discuss how your skills align with the role of a Core Operations Analyst.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled complex problems or improved processes in past roles. This will demonstrate your fit for the challenges at Schonfeld.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Core Operations Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Core Operations Analyst role. Highlight relevant experience in trading operations and any specific skills that match the job description, like your analytical prowess and familiarity with financial instruments.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with Schonfeld’s values. Don’t forget to mention any experience you have with process improvements or operational challenges.
Show Off Your Skills: When filling out your application, be sure to showcase your tech skills, especially if you have experience with Excel, SQL, or any OMS/accounting systems. We love seeing candidates who can handle large data sets and automate processes!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us, so we can review it promptly!
How to prepare for a job interview at Schonfeld
✨Know Your Financial Instruments
Make sure you brush up on your knowledge of financial instruments like Equities, Swaps, and Bonds. Being able to discuss these confidently will show that you understand the core of what the role entails.
✨Master Reconciliation Processes
Since the role involves T+1 reconciliations, it’s crucial to be familiar with this process. Prepare examples from your past experience where you successfully resolved breaks or improved reconciliation efficiency.
✨Showcase Your Analytical Skills
Be ready to demonstrate your analytical prowess, especially with tools like Excel. Think of specific instances where you used pivot tables or VLOOKUP to analyse large data sets and how that impacted your previous roles.
✨Emphasise Team Collaboration
Schonfeld values teamwork, so come prepared with examples of how you've collaborated with different stakeholders in the past. Highlight any experiences where you worked with technology teams or external service providers to solve operational issues.