Risk Officer, Discretionary Macro & Fixed Income (DMFI)
We are seeking an exceptionally talented individual to join our Risk team as a Risk Officer, for our Discretionary Macro & Fixed Income (DMFI) business. A successful candidate will ideally have experience performing a similar role at another platform and be confident interacting with investment teams, providing market expertise and a trusted risk management service. You will have commercial experience in quantitative risk in Macro and Fixed Income.
What you’ll do
The Risk Officer will be responsible for risk oversight and advisory to a group of portfolio managers in DMFI. This person will report to our global head of DMFI Risk and help create a first-in-class Risk Framework for Macro Fixed Income multi-PM platform. There is a major emphasis on the quality of communication of risk exposures and analysis to portfolio managers, investors, and firm management. The major responsibility of the Risk Officer is to establish and maintain Risk Guidelines for portfolio managers, identify the weaknesses of the individual portfolios and their impact on the overall DMFI portfolio. You will work closely with the portfolio managers to help improve their risk taking and portfolio construction. You will be heavily involved with the market and monitor any major events or market regime changes susceptible to impact the portfolios. Furthermore, a successful candidate will conduct investment research in various topics, including manager skill, portfolio optimization, liquidity, stress tests, margin usage, hedging and risk / pricing modelling.
What you’ll bring
What you need:
- A degree in statistics, mathematics, computer science or financial engineering
- Previous exposure to a quantitative role within a trading environment
- Experience around Option and Fixed Income Pricing models.
- Experience in a PM- facing risk role (within derivative business)
- Experience working hands-on with quantitative risk techniques
- Strong coding skills, familiarity with Python, R, Matlab, Excel and/or other scripting languages
- Strong mathematical and/or statistical modeling
- Comfortable with analysis of large datasets, high-level attention to detail
- Experience in macro fixed income strategies
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 $150,000 and $225,000. 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.