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 Director of Risk for their Discretionary Macro & Fixed Income team. You'll leverage your expertise in quantitative risk and fixed income to develop a robust Risk Framework. This role requires a strong background in statistics, mathematics, or financial engineering.
Job Description
Who you are
You have a degree in statistics, mathematics, computer science, or financial engineering, and possess significant experience in quantitative risk management, particularly within fixed income. Your background includes working with Fixed-Income RV strategies and options, allowing you to provide valuable insights to investment teams. You are confident in your ability to communicate complex risk models to portfolio managers and stakeholders, ensuring clarity and understanding across the board. Your commercial experience in risk management equips you to handle the intricacies of portfolio construction and optimization effectively.
You thrive in collaborative environments, working closely with analysts and portfolio managers to address their risk and portfolio construction questions. Your strong analytical skills enable you to conduct thorough investment research, focusing on areas such as manager skill, liquidity, stress tests, and risk modeling. You are adept at integrating new datasets into proprietary models, enhancing the risk infrastructure and ensuring data integrity and quality.
Desirable
Experience in a similar role at another platform is highly valued, as is a proven track record of interacting with investment teams and providing market expertise. Familiarity with the latest risk management technologies and methodologies will set you apart as a candidate. You are proactive in resolving operational issues and have a keen eye for detail, ensuring that all aspects of risk management are handled with precision.
What you'll do
As the Director of Risk, you will lead the development of a first-in-class Risk Framework for the Macro Fixed Income multi-PM platform. Your responsibilities will include researching and addressing the risk and portfolio construction inquiries from analysts and portfolio managers, ensuring that they have the necessary support to make informed decisions. You will report directly to the global head of DMFI Risk, collaborating closely with technology and support teams to resolve daily production and operational issues.
Your role will involve communicating the outputs of risk models to portfolio managers, investors, and firm management, emphasizing the importance of clear and effective communication in risk management. You will conduct investment research on various topics, including portfolio optimization and margin usage, and will be responsible for stress testing and hedging strategies.
In addition, you will investigate and integrate new datasets into the risk infrastructure, enhancing the overall effectiveness of the risk management process. Your ability to liaise with different teams will be crucial in ensuring that all risk-related activities align with the firm's strategic objectives.
What we offer
At Schonfeld, we offer a competitive salary range of $250,000 to $300,000, along with performance bonuses and a comprehensive benefits package. You will have the opportunity to work in a dynamic environment where your contributions directly impact the firm's success. We value collaboration and innovation, encouraging you to bring your unique perspective to the team. Join us in shaping the future of risk management in the financial sector.
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