Senior P&L Valuations Specialist at Schonfeld

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Hedge Fund, Fixed IncomeIndustries

Requirements

Bachelor's degree with 7-10 years of experience in Credit Valuations/Product Control
Expertise in securitized products (agency and non-agency) and structured credit
Strong valuation knowledge of corporate bonds, CDS, convertible bonds, loans and distressed debt
Familiarity with primary & secondary market workflows: new-issue allocations, gray-market pricing, when-issued trading, default workouts
Team player, proactive and willing to take on additional responsibility
Ability to challenge portfolio managers while maintaining strong relationships
Ability to handle a high volume of data in a fast-paced environment with strong attention to detail
Continuous-improvement mindset – automation of manual processes

Responsibilities

Owning the daily pricing and P&L reporting processes including reconciliation across Front Office, shadow accounting and Fund Admin
Intraday and end of day pricing
Accurate end of day flash, T+1 and monthly P&L reporting
Trade capture review and lifecycle events (coupon accrual, amortization, factor changes, call/redemption, pay-downs)
Root-cause analysis of breaks
Investigation of valuation differences and explaining these to stakeholders
Valuation policy documentation and valuation committee packs
New products set up and onboarding of relevant market data feeds
KPI tracking
Leading relevant projects

Skills

Key technologies and capabilities for this role

Credit ValuationsP&L ReportingSecuritized ProductsStructured CreditCorporate BondsCDSConvertible BondsLoansDistressed DebtClarionGenevaTrade CapturePricing ReconciliationRoot-Cause Analysis

Questions & Answers

Common questions about this position

What is the location for this Senior P&L Valuations Specialist role?

The role is based in New York as part of the P&L Valuations team.

What experience and expertise are required for this position?

Candidates need a bachelor's degree with 7-10 years of experience in Credit Valuations/Product Control, expertise in securitized products and structured credit, and strong valuation knowledge of corporate bonds, CDS, convertible bonds, loans, and distressed debt.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at Schonfeld?

Schonfeld invests in its people, attracts and retains top talent, and believes exceptional outcomes begin with exceptional people.

What makes a strong candidate for this P&L Valuations Specialist role?

A strong candidate is a team player who is proactive, willing to take on additional responsibility, can challenge portfolio managers while maintaining relationships, handles high-volume data with attention to detail in a fast-paced environment, and has a continuous-improvement mindset for automating processes.

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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