Enterprise Risk Associate at Schonfeld

New York, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Quantitative Finance, Hedge FundIndustries

Requirements

5-10 years of experience working in risk or trading
Experience with a broad range of equity, credit and interest rate products and their derivatives
A strong track record of working independently to solve business problems
The ability to simplify and present complex topics and influence decision outcomes
Experience building and maintaining risk models (characteristics-based or statistical)
Passion for learning and discovering new ideas in quantitative finance
Proficiency with procedural programming skills (Python or R)
Strong mathematical and statistical modeling (knowledge of matrix algebra and linear analysis)
Comfort with analysis of large datasets, high-level attention to detail

Responsibilities

Build and maintain analytical models used to gain insights into risk and alpha drivers of portfolios
Communicate insights from models to senior management
Build models/dashboards for stress tests and scenarios
Perform research into sources of return, common factor exposures and potential market stressors
Communicate insights to the broader management team
Incorporate insights into models and analytics to mitigate the risk of outsized drawdowns and inform capital allocation
Investigate and integrate new datasets into proprietary models and risk infrastructure

Skills

Key technologies and capabilities for this role

PythonRrisk modelingstatistical modelingmatrix algebralinear analysislarge datasetsequity productscredit productsinterest rate productsderivativesstress testsdashboards

Questions & Answers

Common questions about this position

What experience is required for the Enterprise Risk Associate role?

Candidates need 5-10 years of experience in risk or trading, experience with equity, credit, interest rate products and derivatives, proficiency in Python or R, and strong mathematical/statistical modeling skills including matrix algebra and linear analysis.

What does the company culture at Schonfeld emphasize?

Schonfeld prioritizes talent as their strategy, fostering a teamwork-oriented, collaborative environment that encourages ideas from all levels, supports talent development, and places Diversity, Equity, and Inclusion at the forefront to create a sense of belonging.

Is a personal GitHub page required for this position?

A personal GitHub page highlighting personal projects is not required but would be a nice-to-have.

What is the salary or compensation for this role?

This information is not specified in the job description.

Is this position remote or does it require office work?

This information is not specified in the job description.

Schonfeld

Multi-manager investment platform for diverse strategies

About Schonfeld

Schonfeld Strategic Advisors is a multi-manager investment platform that invests capital with internal and partner portfolio managers across four main strategies: quantitative, fundamental equity, tactical trading, and discretionary macro & fixed income. The firm provides portfolio managers with the autonomy and support needed to maximize their business potential while leveraging proprietary technology and risk analytics to identify market opportunities. Schonfeld serves institutional investors and high-net-worth individuals, focusing on generating returns through strategic investments and effective risk management. Its goal is to capitalize on market inefficiencies and expand its investment strategies globally.

New York City, New YorkHeadquarters

1988Year Founded

$1,464MTotal Funding

VENTURE_UNKNOWNCompany Stage

Quantitative Finance, Financial ServicesIndustries

201-500Employees

Benefits

Performance Bonus

Professional Development Budget

Risks

Departure of key Asia personnel may disrupt regional operations and growth.

New stakes in various companies expose Schonfeld to market volatility and sector risks.

New CTO appointment may lead to strategic shifts impacting current operations.

Differentiation

Schonfeld invests in diverse strategies: quantitative, fundamental equity, tactical trading, and macro.

The firm leverages proprietary technology and risk analytics for market opportunities.

Schonfeld offers global exposure across Americas, Europe, and Asia with multiple asset classes.

Upsides

AI-driven trading enhances Schonfeld's quantitative strategies and risk analytics.

Thematic ETFs in tech and healthcare offer high-growth investment opportunities for Schonfeld.

Alternative data integration provides Schonfeld competitive advantages in market insights.

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