P&L Valuations Analyst at Schonfeld

New York, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Hedge Fund, Fixed Income, Macro TradingIndustries

Requirements

Bachelor's degree with 3-5 years of experience in Valuations/Product Control, ideally with a focus on intraday P&L
Team player, proactive and willing to take on additional responsibility
Strong pricing and valuation knowledge of vanilla and structured derivatives across credit, FX and interest rate asset classes
Deep understanding of P&L attribution and valuation methodologies (e.g. mark-to-market, models)
Experience with market data sources e.g. Bloomberg, Refinitiv, ICE, Markit, TradeWeb
Excellent communication: able to translate quantitative drivers into concise commentary for PMs and management
Ability to challenge portfolio managers while maintaining strong relationships
Meticulous attention to detail balanced with ability to prioritize material issues
Continuous-improvement mindset – automation of manual processes
Prior intraday P&L experience at a buy-side firm (preferred)
VBA and/or Python knowledge (preferred)

Responsibilities

Owning the intraday pricing, valuation and P&L reporting processes
Ensuring accuracy of market data feeds including building/specification of controls to highlight outliers and spikes
Perform independent price verification for listed & OTC instruments using market data, broker quotes, curves, and models
Escalation of valuation discrepancies
Liaise with Portfolio Managers, Trader Assistants and Operations on trade amendments, life-cycle events, and corporate actions that affect intraday valuations
Input into set up and build of curves and surfaces – vendor, instruments used etc
Support new products onboarding and relevant market data feeds
Collaborating with T+1 P&L and Valuation team to ensure accurate adjustments and subsequent T+1 P&L reporting
KPI tracking – accuracy of intraday P&L, reduction in T+1 manual adjustments etc
Relevant projects

Skills

P&L Reporting

Valuations

Pricing

Derivatives

Credit

Interest Rates

Market Data

Price Verification

Clarion

Curves

Surfaces

OTC Instruments

Corporate Actions

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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