What are the responsibilities and job description for the Operations Associate or Internship position at schonfeld?
The Role
We are seeking a highly motivated and detail-oriented Operations Associate to join our growing quantitative investment firm in Fort Lauderdale. This role is ideal for someone who thrives in a fast-paced environment and is eager to learn hedge fund and trading operations. No prior experience is required — we are willing to train the right candidate.
The Operations Associate will support both U.S. trading hours and early APAC operational workflows, working closely with portfolio managers, traders, prime brokers, and technology teams to ensure smooth daily operations and accurate trade processing.
What you’ll do
- Monitor and manage daily operational workflows for U.S. and early APAC trading activities
- Coordinate with prime brokers and counterparties to resolve:
- Missing trade files
- Locate issues
- Trade rejects
- Order mismatches
- Perform OMS and position reconciliations/tie-outs
- Investigate and resolve operational breaks and discrepancies
- Work closely with trading, portfolio management, and technology teams
- Assist with operational process improvements and ad hoc projects
- Learn and develop knowledge of hedge fund operations and market workflow
What you need
- Bachelor’s degree in Finance, Economics, Mathematics, Computer Science, or a related field
- Strong attention to detail and organizational skills
- Ability to work in a fast-paced, deadline-driven environment
- Strong problem-solving and communication skills
- Basic familiarity with SQL and/or Python is a plus
- Willingness to learn and take ownership of responsibilities
- Ability to support early APAC operational coverage when needed
- Must be legally authorized to work in the United States
Who We Are
Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.
Our Culture
At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls.