About Schonfeld
Empowering traders with advanced systematic strategies
Key Highlights
- Headquartered in New York City with a global presence
- Employs over 500 professionals in trading and technology
- Focuses on quantitative trading across multiple asset classes
- Offers equity participation and flexible work arrangements
Schonfeld is a prominent systematic trading firm headquartered in New York City, specializing in quantitative trading strategies across various asset classes. With a team of over 500 employees, Schonfeld leverages advanced technology and data analytics to optimize trading performance for its clients...
🎁 Benefits
Employees at Schonfeld enjoy competitive salaries, comprehensive health benefits, and a generous PTO policy. The firm also offers equity participation...
🌟 Culture
Schonfeld fosters a culture of collaboration and innovation, emphasizing data-driven decision-making and a strong focus on technology. The firm values...
Skills & Technologies
Overview
Schonfeld is seeking a P&L Valuations Analyst to support their discretionary macro & fixed income strategy. You'll work closely with the Front Office system and collaborate with various teams to ensure accurate P&L and fair value validation. This role requires strong analytical skills and experience in financial reporting.
Job Description
Who you are
You have a strong background in finance, particularly in P&L valuations and reporting, with at least 3-5 years of experience in a similar role. Your analytical skills are top-notch, allowing you to perform independent price verification for various financial instruments. You are detail-oriented and have a knack for ensuring the accuracy of market data feeds, which is crucial for maintaining valuation integrity. You thrive in collaborative environments, working closely with Portfolio Managers and other teams to facilitate timely decision-making. Your ability to communicate effectively with various stakeholders, including Trader Assistants and Operations, sets you apart. You are comfortable with technology and have experience using analytics tools to support your work.
Desirable
Experience with Front Office systems, particularly Clarion, is a plus. Familiarity with fixed income and macro strategies will enhance your ability to contribute effectively to the team. A background in quantitative analysis or risk management can also be beneficial. You are proactive in identifying discrepancies and are skilled in building controls to highlight outliers in data.
What you'll do
In this role, you will own the intraday pricing, valuation, and P&L reporting processes, ensuring that all data is accurate and timely. You will act as the first line of defense for valuation integrity, enabling Portfolio Managers and Risk teams to make critical decisions during trading hours. Your responsibilities will include liaising with various teams to address trade amendments and corporate actions that affect valuations. You will also support the onboarding of new products and relevant market data feeds, ensuring that all necessary adjustments are made for accurate T+1 P&L reporting. Your work will involve tracking key performance indicators related to intraday P&L accuracy and reducing manual adjustments. You will collaborate with the T+1 P&L and Valuation team to ensure seamless reporting and adjustments.
What we offer
Schonfeld offers a competitive salary range of $140,000 to $170,000, along with performance bonuses and a comprehensive benefits package. You will be part of a dynamic team that values collaboration and innovation. The firm is committed to supporting your professional growth and development, providing opportunities for advancement within the organization. You will work in a fast-paced environment that encourages you to take initiative and contribute to the firm's success. We believe in fostering a culture of inclusivity and diversity, and we encourage you to apply even if your experience doesn't match every requirement.
Interested in this role?
Apply now or save it for later. Get alerts for similar jobs at Schonfeld.
Similar Jobs You Might Like
Based on your interests and this role
Finance Operations
Schonfeld is seeking a P&L Valuations Associate to manage daily and monthly P&L reporting and reconciliations for OTC Derivatives. You'll work closely with the Geneva system and require strong knowledge of Listed Products and advanced Excel skills. This role is based in New York.
Controller
Schonfeld is seeking a Product Controller to join their P&L Valuations team in Hong Kong. You'll focus on P&L reporting and reconciliations for OTC Derivatives, requiring strong analytical skills and experience in product control.
Financial Analyst
Point72 is hiring an Associate for their Equity Valuation & PnL Reporting team. You'll manage the valuation process for investments and prepare performance reporting for senior management. This role requires 2-4 years of experience in valuation or P&L reporting.
Financial Analyst
Point72 is hiring an Associate for their Private Investments Valuation team to manage valuations across hedge fund, private equity, and venture capital portfolios. You'll analyze financial statements and build valuation models. This role requires 2-5 years of experience in private equity valuation.
Financial Analyst
Point72 is hiring an Associate for their Macro Valuation team to manage the valuation of various investment products. You'll work with derivatives and fixed income products, requiring 3-5 years of valuation experience.