Enterprise Risk Associate, FX & Rates

The role

The Risk Associate will focus on risk modeling and monitoring to support capital allocation and firm risk management decisions. You will build and maintain analytical frameworks to gain insights into portfolio risk drivers and communicate them to senior management.

What you will do

• Understand trading strategies to ensure inherent risk is captured correctly in risk models
• Work with Technology, external vendors, COO teams, strategy quants and strategy risk coverage teams
• Create internal models and solutions when external solutions fail to fit enterprise requirements
• Generate insights into key drivers of firmwide risk
• Communicate risk insights to the broader management team
• Incorporate insights into models and analytics to mitigate risk of outsized drawdowns
• Help inform the firm's capital allocation process

Required qualifications

• Experience with market standard models for pricing rates and FX derivatives
• 5-10 years of experience working in quantitative trading or risk
• A strong track record of working independently to solve business problems
• The ability to simplify and present complex topics and influence decision outcomes
• Passion for learning and discovering new ideas in quantitative finance
• Proficiency with procedural programming skills (Python)
• Strong mathematical and statistical modeling (knowledge of matrix algebra and linear analysis)
• Comfort with analysis of large datasets, high-level attention to detail

Nice to have

• A personal GitHub page highlighting some of your personal projects
• Knowledge of Hedge Fund rates & FX derivative trading strategies

Benefits

• Performance bonus
• Competitive benefits package
• Learning and educational offerings

About the company

Schonfeld is a global multi-manager hedge fund that leverages internal and external portfolio manager teams to invest across four main strategies. The firm invests in proprietary technology, infrastructure and risk analytics.