Director, COO Office, Discretionary Macro & Fixed Income (DMFI)
The Role We are seeking a proactive leader to partner with Rates & FX PMs, driving business management, PM onboarding, business analytics, and cross-functional initiatives. This role combines strategic planning, operational execution, and data-driven insights to optimize performance, enhance efficiency, and support growth across the business. This person will act as the day-to-day business manager for Schonfeld's Macro & Fixed Income platform in North America. This role reports into the COO of DMFI.
What you'll doBusiness Management
- Act as a partner to Rates & FX PMs in North America, translating investment goals into resourcing, capital, and infrastructure plans.
- Develop and own the business plans for various strategic growth initiatives and PM builds.
- Continuously analyze desk P&L, risk, liquidity, funding and balance-sheet usage; recommend actions to enhance returns and capital efficiency.
- Identify new product or market opportunities (e.g., cleared swap markets, NDFs, SOFR transition trades) and drive approval / launch.
PM Onboarding & Lifecycle Management
- Coordinate pre-launch testing, market data, and trading integrations for newly on-boarded PMs.
- Lead onboarding of new Macro/Fixed Income PM teams: capital allocation sizing, risk limits, market-data entitlements, trading-system connectivity, and broker relationships.
- Serve as escalation point and "trusted advisor" to existing PMs for any trading, infrastructure or counterparty issues.
Business & Performance Analytics
- Design dashboards on KPIs and business metrics; present insights to PMs and senior management.
- Lead cost/benefit cases for data, analytics and technology spend; track realized savings and ROI.
Cross-Functional Leadership
- Lead strategic, cross functional projects across operations, treasury, compliance, and technology-owning end to end delivery and change management, and ensuring these projects are appropriately prioritized in the overall book of work.
- Run high-priority, cross-desk projects (e.g., CCP onboarding, FX TCA implementation, intraday risk enhancements) and own end-to-end delivery.
- Coordinate with Legal / Treasury on ISDA, CSA, give-ups and clearing mandates to support trading strategies.
Vendor & Data Management
- Own the vendor lifecycle for trading and analytics platforms (contract negotiation, SLA governance, ongoing performance reviews).
- Stay abreast of emerging data/analytics vendors in macro and fixed income and evaluate fit for the platform.
What you'll bring- 7-10+ years in business management / COO, product or trading-related role on the buy-side (hedge fund, asset manager) or sell-side fixed income business. Strong preference for candidates that have already been in broad business management roles within hedge fund platforms.
- NY Based
- Deep product knowledge across rates and FX cash & derivatives: government bonds, swaps, futures, options, swaptions, NDFs, forwards, cross-currency swaps.
- Strong grasp of pricing, valuation, = risk, funding & liquidity, CCP margin and capital usage.
- Fluency with trading technologies: order & execution-management systems, market-data feeds.
- Advanced analytical toolkit-Excel / VBA a must; Python, SQL or PowerBI strongly preferred.
- Proven ability to negotiate commercial terms with banks, venues and data providers.
- Exceptional project-management, prioritization and stakeholder-influencing skills; comfortable presenting to senior management.
- Highly organized, proactive and able to manage multiple deliverables in a fast-moving market environment.
- Impeccable integrity and discretion when handling sensitive trading and financial information.
The base pay for this role is expected to be between $200,000 and $250,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.
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