At a Glance
- Tasks: Support traders in developing volatility parameters and maintain a central library for risk calculations.
- Company: Join Schonfeld Strategic Advisors, a global leader in multi-strategy investment.
- Benefits: Competitive salary, diverse culture, and opportunities for professional growth.
- Why this job: Make an impact in a dynamic environment while working with cutting-edge quantitative strategies.
- Qualifications: Strong Python skills and experience in volatility trading and quantitative risk.
- Other info: Collaborative culture that values diversity and encourages innovative ideas.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking highly qualified and a talented Quantitative Strategist to support the Volatility Trading team. You will work as part of a centralized Strategist team, working on vanilla and exotic product modelling, parameter marking and risk representation across all geographies.
What You’ll Do
- Support portfolio managers and traders in developing parameters for volatility surfaces, dividends and funding.
- Maintain a centralized library for valuation and risk calculations.
- Lead efforts on:
- Vol surface parameterization – construction, fitting and maintenance of VOL parameters
- Vol product pricing, risk representation and rationalisation
- Vol PnL explanations & attribution
- Dividends modelling
What You’ll Bring
- Strong Python skills
- Experience with volatility trading strategies
- 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
Who We Are
Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance.
We specialize in four core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics.
We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices.
Our Culture
Talent is our strategy. We believe our success is because of our people, so putting our talent above all else is our top priority. 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 & educational offerings and opportunities to make an impact.
We foster a sense of belonging among all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. Our employees value diversity across identity, thought, people and perspective which serves as the foundation of our culture. As a firm, we are committed to creating a hiring process that is fair, welcoming and supportive.
Quant Strategist - Volatility employer: Schonfeld
Contact Detail:
Schonfeld Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quant Strategist - Volatility
✨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
Show off your skills! If you've got a portfolio of projects or relevant experience, make sure to highlight them during interviews. Bring examples of your Python work or any volatility trading strategies you've tackled.
✨Tip Number 3
Prepare for the technical questions! Brush up on your knowledge of volatility surfaces and risk representation. Being able to discuss these topics confidently will impress the hiring team and show you're ready for the role.
✨Tip Number 4
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 being part of our dynamic culture at Schonfeld.
We think you need these skills to ace Quant Strategist - Volatility
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Quant Strategist role. Highlight your Python skills and experience with volatility trading strategies. We want to see how your background aligns 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 this role and how your experience can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Communication Skills: Since excellent communication is key, make sure your written application reflects that. Use clear language and structure your thoughts logically. We appreciate clarity and coherence in your writing!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at Schonfeld
✨Know Your Quant Skills
Brush up on your Python skills and be ready to discuss how you've applied them in volatility trading strategies. Be prepared to share specific examples of projects where you modelled parameters or worked with risk representation.
✨Understand the Role
Familiarise yourself with the key responsibilities of a Quant Strategist in volatility trading. Make sure you can articulate how your experience aligns with tasks like vol surface parameterization and PnL attribution.
✨Communicate Clearly
Since excellent communication is crucial, practice explaining complex quantitative concepts in simple terms. This will help you connect with portfolio managers and traders during the interview.
✨Show Ownership and Results
Be ready to discuss instances where you've taken ownership of projects and delivered results. Highlight your ability to work in production environments and how you've contributed to team success.