At a Glance
- Tasks: Support trading teams by modelling risk and developing predictive scenarios for derivatives.
- Company: Join Schonfeld, a leading multi-manager platform with a focus on talent and innovation.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diversity, Equity, and Inclusion are at the heart of our culture.
- Why this job: Make an impact in a collaborative environment while working with cutting-edge financial strategies.
- Qualifications: Experience in volatility trading and strong financial mathematics skills required.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a highly qualified and talented Quantitative Strategist to support the Volatility and Emerging-markets + delta-1 trading teams. You will work as part of a centralized Strategist team, working on vanilla and exotic product modelling, parameter marking and risk representation across geographies and markets.
What you’ll do
- Support portfolio managers trading derivatives in representing, rationalizing and understanding risk at a product and book level– ensuring that risk is accurate and economically consistent with product/payoff definitions.
- Create and understand stressed market scenarios and develop modelling to predict product and book behaviour in those environments.
- Develop and validate parameter models to represent volatility surfaces, dividends and funding.
- Support portfolio managers and traders maintaining and extending a centralized library for valuation and risk calculations.
- Lead efforts on:
- Vol surface parameterization and modelling
- Vol product pricing, risk representation and rationalisation
- Vol PnL explanations & attribution
- Scenario construction and book behaviour
What you’ll bring
- Experience with volatility trading strategies
- Strong background and intuition in financial mathematics, adopting a first-principles approach to understanding product behaviour
- Experience working with quantitative risk teams, traders, and portfolio managers
- Excellent communication skills, both written and verbal
- Experience with production environments
- Strong ownership experience and a track record of delivering results
Our Culture
The firm’s ethos is embedded in our people. ‘Talent is our strategy’ is our mantra and drives how we approach all initiatives at the firm. We believe our success is because of our people, so putting our talent above all else is our top priority.
Schonfeld strives to create an environment where our people can thrive. We foster a teamwork-oriented, collaborative environment where ideas at any level are encouraged and shared. The development and advancement of our talent is honed through interactions with each other, learning & educational offerings, and through opportunities to make impactful contributions.
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. On a daily basis, our employees welcome diversity across identity, thought, people and views which serves as the foundation of our culture and success.
Who we are
Schonfeld Strategic Advisors is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across four trading strategies; quantitative, fundamental equity, tactical trading and discretionary macro & fixed income. We have created a unique structure to provide global portfolio managers with autonomy, flexibility and support to best enable them to maximize the value of their businesses.
Over the last 30 years, Schonfeld has successfully capitalized on inefficiencies and opportunities within the markets. We have developed and invested heavily in proprietary technology, infrastructure and risk analytics and continue to capitalize on new opportunities. In 2021 we launched our newest strategy, discretionary macro & fixed income as part of the continual growth of Schonfeld’s investible universe. Our portfolio exposure has expanded across the Americas, Europe and Asia as well as multiple asset classes and products.
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.
Strategist - Equity Risk in London employer: Schonfeld
At Schonfeld, we pride ourselves on being an exceptional employer, offering a dynamic and collaborative work environment that prioritises talent development and inclusivity. Our commitment to fostering a culture of teamwork and innovation ensures that employees have ample opportunities for growth and meaningful contributions, all while working at the forefront of financial markets in a supportive and diverse setting.
StudySmarter Expert Advice🤫
We think this is how you could land Strategist - Equity Risk in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work at Schonfeld or similar firms. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for those tricky technical interviews. Brush up on your financial mathematics and volatility trading strategies. We want to see you shine when discussing product behaviour and risk representation!
✨Tip Number 3
Show off your communication skills! Whether it’s in interviews or networking events, being able to explain complex concepts clearly is key. Remember, we’re looking for someone who can collaborate with traders and portfolio managers effortlessly.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Schonfeld.
We think you need these skills to ace Strategist - Equity Risk in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Strategist role. Highlight your experience with volatility trading strategies and financial mathematics. We want to see how your skills align with what we’re looking for!
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 makes you a perfect fit. Don’t forget to mention your communication skills and teamwork experience!
Showcase Relevant Experience:When filling out your application, be specific about your experience with quantitative risk teams and portfolio managers. We love seeing concrete examples of how you’ve delivered results in past roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at Schonfeld
✨Know Your Numbers
Brush up on your financial mathematics and volatility trading strategies. Be ready to discuss specific models you've worked with and how they apply to risk representation. This will show that you have a solid grasp of the technical aspects required for the role.
✨Scenario Planning is Key
Prepare to talk about how you've constructed stressed market scenarios in the past. Think of examples where your modelling predicted product behaviour under pressure. This will demonstrate your ability to think critically and apply your knowledge practically.
✨Communicate Clearly
Since excellent communication skills are a must, practice explaining complex concepts in simple terms. You might be asked to rationalise risk or explain PnL attribution, so being able to articulate your thoughts clearly will set you apart.
✨Show Your Team Spirit
Emphasise your experience working collaboratively with traders and portfolio managers. Share examples of how you've contributed to a team environment and supported others in achieving their goals. This aligns with the firm's culture of teamwork and collaboration.
