Quantitative Developer, Execution Risk

Quantitative Developer, Execution Risk

The Role

We seek an exceptionally talented person to join our Risk Management team in an individual contributor role. The role is part of a new initiative for automated mitigation of execution risk for our quantitative business. This candidate’s primary focus will be to help implement a real-time surveillance platform for our quantitative trading business and to build infrastructure to aid ongoing due diligence on the firm’s quantitative portfolio managers. The execution risk team will work closely with portfolio managers, technologists and the sell-side to design and operate a comprehensive program.

What you’ll do

The successful candidate will:

• Help design and implement systematic and quantitative models for execution risk mitigation.
• Build and extend an autonomous surveillance platform across the organization’s global footprint to support 24x6 real-time coverage.
• Engage with multiple teams within the firm to build rigorous platforms to measure and analyze trade flow and other metrics.
• Back up frontline support teams for incident response and escalation and develop infrastructure to automate response protocols.

What you’ll bring

What you need:

• Minimum Bachelor’s degree, ideally in computer science, mathematics, or other STEM discipline
• Strong analytical and problem-solving skills using mathematics and programming
• Strong ability in Java (or C++), and familiarity with Python for quantitative modelling
• Experience working with relational databases
• Experience working on the Linux command line
• Minimum three years of experience in a developer role
• Demonstrated ability to learn and apply technology solutions
• Excellent communication skills and ability to collaborate well with others

We’d love if you had:

• Knowledge of equities and derivatives trading, market microstructure, and electronic markets
• Experience with execution algorithms or DMA quantitative trading strategies

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 employee’s 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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