We are seeking a Trading Assistant to join the Discretionary Macro and Fixed Income (DMFI) team at Schonfeld. You will have a passion for trading and a deep interest in financial markets. In the role, you will be working closely with Portfolio Managers (PMs) whilst proactively collaborating with the Operations department on trade bookings, data analysis, and reports. You will create strong relationships across internal/external stakeholder groups and be able to communicate effectively and work well with others.
What you'll do- Support the Portfolio Managers on trade bookings and overall blotter management
- Responsible for trade recaps and management therein to ensure accuracy across the trade life-cycle process and all systems
- Oversee position management as well as P&L inquiries within the Portfolio Management System (PMS) and trader systems
- Management of FX & Future rolls, expiries, cash balances, and trade/position impactful events
- Contribute and solve for automation and tooling wherever possible in reducing risk and gaps
- Liaise with stakeholders and Portfolio Managers on various risk and attribution reporting
- Ensure compliance and due diligence measures are adhered to and followed in accordance with regulatory and fiduciary responsibilities
- Liaise with Operations, Product, and P&L Valuations teams where necessary to ensure vendor and internal support systems are in alignment with Portfolio Managers' accuracy in booking and P&L modeling within the expected firm construct.
What you'll bringWhat you need:
- Experience supporting Portfolio Managers or Traders
- Knowledge of operational risk and trade life cycle events as they impact P&L
- Strong quantitative and analytical problem-solving skills, effective communication, and presentation skills
- Understanding of financial markets and various Fixed Income and FX products, including futures, forwards, swaps, and options
- Self-manageable with intellectual curiosity seeking the best possible solutions wherever possible
- Ability to work in a fast-paced environment, multi-task with ease, with close attention to detail, and have a strong interest in the market and product structures
- Advanced Excel with VBA and macros
- Proficiency in Python
The base pay for this role is expected to be between $120,000 and $150,000. 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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