At a Glance
- Tasks: Support Portfolio Managers with trade bookings and data analysis in a fast-paced environment.
- Company: Join Schonfeld, a leading global hedge fund focused on innovation and collaboration.
- Benefits: Competitive salary, learning opportunities, and a culture that values your growth.
- Other info: Be part of a dynamic team that encourages creativity and teamwork.
- Why this job: Dive into the financial markets and make a real impact while developing your skills.
- Qualifications: Experience in trading support, strong analytical skills, and Python programming knowledge.
The predicted salary is between 63000 - 77000 £ per year.
The Role
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.
- Support a Trading Assistant Blotter tool.
- 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
- Proven experience supporting Portfolio Managers or Trading; Knowledge of operational risk and trade life cycle events as it impacts P&L.
- Strong understanding of financial markets and various Fixed Income and FX products, including futures, forwards, swaps and options.
- Python programming skills for data analysis, automation, and tool support & development.
- Strong quantitative and analytical problem-solving skills, effective communication, and presentations skills.
- Ability to incorporate AI into routine workflows - using AI models for analysis, automation, fact-finding, and operational efficiency.
- Self-manageable with intellectual curiosity seeking best possible solutions wherever possible.
- Ability to work in a fast-paced environment, multi-task with ease, with close attention to detail and having a strong interest in the market and product structures.
- Advanced Excel and data handling capabilities - expert-level manipulation, analysis, and visualization.
We’d love if you had:
- Experience working in a hedge-fund, investment bank, or asset management firm.
- Cross-asset, multi-product knowledge across Rates and FX instruments.
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.
Trading Assistant in London employer: Schonfeld
At Schonfeld, we pride ourselves on being an exceptional employer that invests in the growth and development of our interns. Located in the vibrant city of London, our DMFI Risk Analyst Summer Internship offers a unique opportunity to work alongside industry leaders, engage in meaningful projects, and develop valuable skills in a supportive and collaborative environment. With a strong focus on innovation and teamwork, we empower our interns to make a real impact while fostering a culture of continuous learning and professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Assistant in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Schonfeld. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Trading Assistant in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Schonfeld.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Schonfeld's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Schonfeld
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Schonfeld.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Schonfeld will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Schonfeld employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
