P&L Valuations Associate

The Role
We are seeking a highly qualified Product Controller to work in our P&L Valuations team in our London office. This team falls under our Accounting department and collaborates closely with groups across the firm including Portfolio Managers, Treasury, COO team, Business Analytics, Fund Accounting, Risk and Operations. This role will be focused on daily and monthly P&L reporting, P&L reconciliations & valuations for OTC Derivatives. The role will be supporting our discretionary macro & fixed income strategy.

What you’ll do
The successful candidate will work closely with the Front Office system (Clarion), the firm’s inhouse Geneva system and Fund Administrators to ensure the accuracy of the enterprise P&L at Schonfeld.

Responsibilities include:

• Responsible for overseeing pricing and P&L processes including reconciliation across Front Office, shadow accounting and Fund Admin
• Liaise closely with global departments across the firm to ensure accurate T+1 and Monthly P&L reporting
• Investigation of valuation differences and explaining these to stakeholders
• New products set up
• Automation of processes and review of control environment
• Relevant projects

What you’ll bring
What you need:

• A bachelor's degree with 5 - 8 years of experience in Valuations/Product Control
• Strong knowledge of OTC derivatives including valuation and workflow
• Experience in analyzing and reporting on P&L including the Greeks
• Advanced Excel skills
• Strong ownership and a track record of delivering results
• Excellent communication skills and self-confidence to interact with stakeholders
• Ability to handle a high volume of data in a fast-paced environment with strong attention to detail
• Team player, proactive and willing to take on additional responsibility
• Ability to think outside the box; using ingenuity, creativity and inventiveness to approach and solve problems

We’d love if you had:

• VBA and/or Python knowledge
• OTC Derivative knowledge
• Experience with Bloomberg
• Experience with Geneva

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 the markets. 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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