Financial Engineer, Risk Tech

The Role 

We are seeking a highly qualified and talented technologist to join our Risk Technology team. Technology within Risk is split into four areas: Infrastructure, Applications, Financial Engineering and Rapid-Application-Development (RAD). The Financial Engineering initiative within Risk is responsible for supporting the Macro, Quant, Tactical and Fundamental trading and Risk business. 

What you’ll do 

The Financial Engineer will work closely with senior risk managers, analysts and portfolio managers and be responsible for designing, managing, and delivering solutions that support the risk management process.  You will weigh the technical decisions in your work to consider the tactical and strategic goals of the team.  Projects could include building of equity and fixed income risk models, instrument and portfolio analytics, risk decomposition processes, VaR, Stress, and Liquidity.  You will support our PMs by building and maintaining tools, reports, data pipelines, and daily processes. The ideal candidate has a mindset of dynamically and creatively applying the best modern technologies to help solve business problems in a rapidly changing environment.

What you’ll bring

What you need:

• 5+ years of experience within financial services
• Expertise with Python and relational databases (SQL)
• Experience with cross-asset/derivatives model integration
• Experience working with quantitative risk members, traders, and portfolio managers
• Excellent communication skills, both written and verbal
• Experience with production environments
• Strong ownership experience and a track record of delivering results
• Strong track record delivering short and long term projects to senior stakeholders

We’d love if you had:

• Experience with multi-factor risk models and their applications or other risk tools and analytics
• Experience with cloud data warehouses (Redshift, Databricks, or Snowflake)
• Experience with cloud-based environments (AWS, Google Cloud, or Azure)
• Experience with distributed/parallel programming (Spark or similar)
• Experience with R
• Experience with time-series databases
• Experience within buy side financial institutions
• CQF

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.

The base pay for this role is expected to be between $200,000 and $250,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.