2023 Treasury Summer Internship

The Role   

We are excited to offer an opportunity for a diverse group of talented students to join the internship program at Schonfeld. Schonfeld has the obligation of posting collateral for the risk underwritten by banks. The magnitude and cost of the collateral impacts the ability of the fund to take additional risk and improve the profitability of existing transactions. You’ll spend 10 weeks with the treasury team within Schonfeld where you will be immersed in our culture, working alongside talented professionals contributing to high profile projects.  

What you’ll do  

• Complete a summer-long project focused on estimating the requirements and optimizing the cost of collateral. 
• Learn how the desk adds value to investors, portfolio managers and the firm. 
• Understand the daily flow and activity of the desk and recap news, trends and activity on a daily basis. 
• Potential: for CS candidates, find ways to contribute to or improve the efficiency or cleanliness of our codebase or build process. 

What you’ll bring 

• Pursuing a Bachelor’s degree, preferably in your junior year, studying computational finance, financial engineering, data analytics, economics, or a related field 
• Excellent communication skills 
• The ability to work on a summer project at your own pace while interacting with the team daily
• An interest in investing, markets and how the world of finance works
• An analytical mindset and an ability to come up with solutions to problems you encounter 

Our Internship 

The Schonfeld summer internship provides students with a unique opportunity to experience Schonfeld, our work, our people, and our culture. Interns will typically join a small team and will spend 10 weeks at Schonfeld from June - August. 

Each summer intern will work on a tailored project that will provide them with real world experience. We provide all interns with a dedicated mentor and manager to help them navigate the summer successfully. Interns will also participate in our learning program, the Sapphire: Summer Session, which aims to provide tangible skills training and education on various functions across the firm and in the workplace. Along with the hands-on guidance and support from managers and mentors, interns will participate in weekly networking events, engage with our Diversity, Equity and Inclusion Alliance, attend panel discussions, and have many opportunities to get to know Schonfeld’s core values in practice. 

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. In our agile environment, engineers are expected to self-organize and collaborate on the best way to solve problems, and they are collectively responsible for the entire team's delivery. Engineering teams are small and cross-functional, and value learning and knowledge sharing. 

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.  

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status