Core Operations Analyst London, England, United Kingdom

Applied Intuition Inc.; City of London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading financial services firm in London is seeking an Operations professional to manage T+1 reconciliations and collaborate with stakeholders. You will need a Bachelor's degree and experience in trading operations, ideally with analytical skills. This role presents unique challenges within the hedge fund industry.

Benefits

Diversity, Equity, and Inclusion initiatives

Collaborative work environment

Career development opportunities

Qualifications

• Experience in trading operations role preferred.
• Experience working with large data sets.
• Strong product knowledge of various financial instruments.

Responsibilities

• Perform T+1 position, trade and cash reconciliations.
• Review external fund administrators’ reconciliations.
• Liaise with internal and external stakeholders.

Skills

Analytical skills

Interpersonal skills

Problem-solving

Detail-oriented

Education

Bachelor’s degree in Business, Finance, Accounting

Tools

Microsoft Excel

OMS/accounting systems

Job description

A fantastic opportunity in Schonfeld’s Core Operations team in London. We are a global multi-manager platform with both internal and external portfolio managers who invest across a variety of strategies e.g. Fundamental Equity, Tactical, Quantitative, Discretionary Macro & Fixed Income etc. You will be working with experienced Operations professionals to implement best-in-class operational procedures. You can also look forward to owning some of the most challenging and unique operational challenges in the hedge fund industry.

What you’ll do

• Perform T+1 position, trade and cash reconciliations between internal systems and vs Prime Brokers, for a variety of financial instruments including Equities, Swaps, F&O, FX, Bonds, OTC
• Review external fund administrators’ T+1 reconciliations and assist with investigation
• Liaise with both internal and external stakeholders to resolve breaks e.g. Middle Office, Asset Servicing, Fund Accounting, Prime Brokers, Third-Party service providers
• Collaborate with both internal and external stakeholders e.g. Technology, Trade Support, MO, PBs, service providers etc. to resolve operational issues, automate operational processes, implement strategic initiatives, roll out best practices and standardize operational procedures
• Work alongside senior team members and management on strategic initiatives
• Create structure by defining operational procedures, recommending process improvements and rolling them out
• Other ad-hoc tasks and/or projects

What you’ll bring

What you need:

• Bachelor’s degree in Business, Finance, Accounting or any other related field
• Experience in trading operations role (preferably buy-side, but would consider IB/admin/AM candidates)
• Highly analytical and detail-oriented team player with strong interpersonal skills, exceptional problem-solving skills, a strong control mindset and a high level of self-leadership
• Strong product knowledge of financial instruments e.g. Equities, Swaps, Futures & Options, FX, Bonds, OTC etc.
• Experienced in performing reconciliations, including break resolution
• Experience working with large data sets and analyzing data using Microsoft Excel functions like pivot tables and vlookup etc.
• Experience of OMS/accounting systems and/or external affirmation platforms e.g. Enfusion, Traiana, Geneva etc.

We’d love it if you had:

• Experience of migrating reconciliations and/or operational processes
• Experience of automating operational processes or implementing process enhancements

Our Culture

The firm’s ethos is embedded in our people. ‘Talent is our strategy’ is our mantra and drives how we approach all initiatives at the firm. We believe our success is because of our people, so putting our talent above all else is our top priority.

Schonfeld strives to create an environment where our people can thrive. We foster a teamwork-oriented, collaborative environment where ideas at any level are encouraged and shared. The development and advancement of our talent is honed through interactions with each other, learning & educational offerings, and through opportunities to make impactful contributions.

At Schonfeld, we strive to cultivate a sense of belonging throughout all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. As a firm we are committed to creating a hiring process which is not only fair, but also welcoming and supportive. On a daily basis, our employees welcome diversity across identity, thought, people and views which serves as the foundation of our culture and success. You can learn more about our DEI initiatives here - Belonging @ Schonfeld.

Who we are

Schonfeld Strategic Advisors is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across four trading strategies; quantitative, fundamental equity, tactical trading and discretionary macro & fixed income. We have created a unique structure to provide global portfolio managers with autonomy, flexibility and support to best enable them to maximize the value of their businesses.

Over the last 30 years, Schonfeld has successfully capitalized on inefficiencies and opportunities within themarkets. We have developed and invested heavily in proprietary technology, infrastructure and risk analytics and continue to capitalize on new opportunities. In 2021 we launched our newest strategy, discretionary macro & fixed income as part of the continual growth of Schonfeld’s investible universe. Our portfolio exposure has expanded across the Americas, Europe and Asia as well as multiple asset classes and products.

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At Schonfeld, we strive to cultivate a sense of belonging throughout all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. As a firm we are committed to creating a hiring process which is not only fair, but also welcoming and supportive. As a part of that, we want to encourage candidates to voluntarily complete the following survey which helps us keep track of how we are doing in our efforts.

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