What are the responsibilities and job description for the Director of COO Office position at Schonfeld?
Director, COO Office, Discretionary Macro & Fixed Income (DMFI)
The Role
We are seeking a proactive leader to partner with Rates & FX PMs, driving business management, PM onboarding, business analytics, and cross-functional initiatives. This role combines strategic planning, operational execution, and data-driven insights to optimize performance, enhance efficiency, and support growth across the business. This person will act as the day-to-day business manager for Schonfeld’s Macro & Fixed Income platform in North America. This role reports into the COO of DMFI.
What You’ll Do
Business Management
Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance.
We specialize in four core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics.
We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices.
Our Culture
Talent is our strategy. We believe our success is because of our people, so putting our talent above all else is our top priority. We are teamwork-oriented, and collaborative, and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning & educational offerings and opportunities to make an impact.
We foster a sense of belonging among all of our employees with Diversity, Equity, and Inclusion at the forefront of this mission. Our employees value diversity across identity, thought, people, and perspective which serves as the foundation of our culture. As a firm, we are committed to creating a hiring process that is fair, welcoming, and supportive.
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.
The Role
We are seeking a proactive leader to partner with Rates & FX PMs, driving business management, PM onboarding, business analytics, and cross-functional initiatives. This role combines strategic planning, operational execution, and data-driven insights to optimize performance, enhance efficiency, and support growth across the business. This person will act as the day-to-day business manager for Schonfeld’s Macro & Fixed Income platform in North America. This role reports into the COO of DMFI.
What You’ll Do
Business Management
- Act as a partner to Rates & FX PMs in North America, translating investment goals into resourcing, capital, and infrastructure plans.
- Develop and own the business plans for various strategic growth initiatives and PM builds.
- Continuously analyze desk P&L, risk, liquidity, funding and balance-sheet usage; recommend actions to enhance returns and capital efficiency.
- Identify new product or market opportunities (e.g., cleared swap markets, NDFs, SOFR transition trades) and drive approval / launch.
- Coordinate pre-launch testing, market data, and trading integrations for newly on-boarded PMs.
- Lead onboarding of new Macro/Fixed Income PM teams: capital allocation sizing, risk limits, market-data entitlements, trading-system connectivity, and broker relationships.
- Serve as escalation point and “trusted advisor” to existing PMs for any trading, infrastructure or counterparty issues.
- Design dashboards on KPIs and business metrics; present insights to PMs and senior management.
- Lead cost/benefit cases for data, analytics and technology spend; track realized savings and ROI.
- Lead strategic, cross functional projects across operations, treasury, compliance, and technology—owning end to end delivery and change management, and ensuring these projects are appropriately prioritized in the overall book of work.
- Run high-priority, cross-desk projects (e.g., CCP onboarding, FX TCA implementation, intraday risk enhancements) and own end-to-end delivery.
- Coordinate with Legal / Treasury on ISDA, CSA, give-ups and clearing mandates to support trading strategies.
- Own the vendor lifecycle for trading and analytics platforms (contract negotiation, SLA governance, ongoing performance reviews).
- Stay abreast of emerging data/analytics vendors in macro and fixed income and evaluate fit for the platform.
- 7-10 years in business management / COO, product or trading-related role on the buy-side (hedge fund, asset manager) or sell-side fixed income business. Strong preference for candidates that have already been in broad business management roles within hedge fund platforms.
- NY Based
- Deep product knowledge across rates and FX cash & derivatives: government bonds, swaps, futures, options, swaptions, NDFs, forwards, cross-currency swaps.
- Strong grasp of pricing, valuation, = risk, funding & liquidity, CCP margin and capital usage.
- Fluency with trading technologies: order & execution-management systems, market-data feeds.
- Advanced analytical toolkit—Excel / VBA a must; Python, SQL or PowerBI strongly preferred.
- Proven ability to negotiate commercial terms with banks, venues and data providers.
- Exceptional project-management, prioritization and stakeholder-influencing skills; comfortable presenting to senior management.
- Highly organized, proactive and able to manage multiple deliverables in a fast-moving market environment.
- Impeccable integrity and discretion when handling sensitive trading and financial information.
Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance.
We specialize in four core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics.
We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices.
Our Culture
Talent is our strategy. We believe our success is because of our people, so putting our talent above all else is our top priority. We are teamwork-oriented, and collaborative, and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning & educational offerings and opportunities to make an impact.
We foster a sense of belonging among all of our employees with Diversity, Equity, and Inclusion at the forefront of this mission. Our employees value diversity across identity, thought, people, and perspective which serves as the foundation of our culture. As a firm, we are committed to creating a hiring process that is fair, welcoming, and supportive.
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.
Salary : $200,000 - $250,000
