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...
Overview
Schonfeld is hiring a Risk Manager for their Cross Asset Derivatives team to oversee risk management and portfolio analytics. You'll work with equity derivatives and quantitative finance, requiring strong coding skills and a minimum of 5 years of relevant experience.
Job Description
Who you are
You have a minimum of 5 years’ relevant experience in a PM-facing role, demonstrating a strong knowledge of equity derivatives and portfolio risk management. Your expertise in quantitative finance includes risk-neutral options pricing and cross-sectional factor models, allowing you to analyze and model large data sets effectively.
Your coding skills in one or more languages such as R, Python, or C++ are well-honed, enabling you to build and validate models that power both risk management and the investment process. You thrive in collaborative environments, partnering daily with Portfolio Managers, Strats, and developers to monitor portfolios and design solutions that reduce concentration and stress risks.
What you'll do
As a Risk Manager, you will report to the Head of Cross-Asset Derivatives Risk and work closely with Portfolio Managers to provide regular and ad-hoc analytics on strategy performance, risk profiles, and tail-risk scenarios. You will collaborate with the Technology organization to enhance data infrastructure, automate risk-limit monitoring, and streamline raw-data ingestion, ensuring that the risk management processes are efficient and effective.
You will also be responsible for building and maintaining the modeling, pricing, and analytics toolkit that powers our multi-strategy platform. Your role will involve significant interaction with strategy COOs and fellow risk managers, fostering a culture of collaboration and continuous improvement in risk management practices.
What we offer
At Schonfeld, we offer a competitive compensation package, with base salaries ranging from $200,000 to $275,000, along with performance bonuses and a comprehensive benefits package. You will be part of a dynamic team that values innovation and excellence in risk management, providing you with opportunities for professional growth and development in a supportive environment.
Join us to make a significant impact in the world of Cross Asset Derivatives Risk Management, where your skills and expertise will be valued and rewarded.
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