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P&L Valuations Associate

P&L Valuations Associate
New York, US
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Job Description

The Role
We are seeking a highly qualified P&L Specialist to work in our P&L Valuations team in our New York office. This team falls under our Accounting department and collaborates closely with groups across the firm including Portfolio Managers, Treasury, COO team, Business Analytics, Fund Accounting, Risk and Operations. This role will be focused on daily and monthly P&L reporting, P&L reconciliations & valuations for OTC Derivatives. The role will be supporting our discretionary macro & fixed income strategy.

What you’ll do **
** The successful candidate will work closely with the Front Office system (Clarion), the firm’s inhouse Geneva system and Fund Administrators to ensure the accuracy of the enterprise P&L at Schonfeld. He/she will be overseeing pricing and P&L processes, setup of new products, and liaison closely with global departments across the firm to ensure accurate T+1 and Monthly P&L reporting. He/she will investigate valuation differences and explain these to stakeholders.

_What you’ll bring
What you need:

  • A bachelor's degree with 3- 5 years of experience in Valuations/Product Control
  • Strong knowledge of OTC derivatives including valuation and workflow
  • Experience in analyzing and reporting on P&L including the Greeks
  • Advanced Excel skills
  • Strong ownership and a track record of delivering results
  • Excellent communication skills and self-confidence to interact with stakeholders
  • Ability to handle a high volume of data in a fast-paced environment with strong attention to detail
  • Team player, proactive and willing to take on additional responsibility
  • Ability to think outside the box; using ingenuity, creativity and inventiveness to approach and solve problems

We’d love if you had:

  • VBA and/or Python knowledge
  • OTC Derivative knowledge
  • Experience with Bloomberg
  • Experience with Geneva

Who we are **
**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, 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 $110,000 and $130,000. 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.


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