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The Role 

We are excited to offer an opportunity for a diverse group of talented students to join the internship program at Schonfeld. You’ll spend ten weeks with an experienced Product Management team within Schonfeld where you will be immersed in our culture, working alongside talented professionals contributing to high profile projects as a Business Analyst.

Product at Schonfeld is a dedicated grouping of Business and Technology personnel who enable a set of business capabilities. Product Management aims to achieve the alignment of Technology and Business, by acting in partnership with its stakeholders by emphasizing transparency and collaboration. Our Product Management leaders drive vision and priority to represent “What” to the technology teams’ “How”. They are responsible for maintaining the Product’s roadmap and formalizing requirements for future platform developments and enhancements to drive the growth of the Schonfeld Platform.

Depending on your strengths, interest and fit, you will be assigned to one of the following Product teams:

  • Risk Technology
  • Portfolio Management Systems (Port)
  • Operations Technology
  • Quantitative Investment Product (QIP)
  • Product Management Leadership

What you’ll do 

Work as a member of the Product team alongside the Product Owner and technologists. You will work as an Analyst, helping with the planning or orchestration of work occurring within the teams iterative Sprint planning. You will be introduced to all phases of the Software Development Lifecycle (SDLC) as well as learn how Schonfeld fosters an approach on planning that leverages the Agile methodology. This is a prime opportunity to gain domain experience across different functional areas supporting the Front, Middle and Back Office as well acquire valuable real-life exposure to various asset classes and how they function. You’ll also get a fundamental understanding of data workflow, distribution, storage and retrieval, gaining an appreciation for its investment value to a hedge fund at various stages in the trade life cycle.

What you’ll bring

  • A curiosity for learning and a passion for defining problems and implementing solutions
  • Excellent organizational, communication and listening skills
  • Basic understanding of Stock Market
  • Strong Excel, PowerPoint, Microsoft Word skills
  • A keen, analytical eye with a high regard for attention to detail
  • Pursuing a degree in Finance, Financial Engineering, Business Administration, Math/ Statistics

Additionally, we’d love if you had experience with SQL, Python, R or any other programming/ querying language as this would go a long way in being able to excel at various projects during the internship.

Our Internship

The Schonfeld summer internship provides students with a unique opportunity to experience Schonfeld, our work, our people, and our culture. Interns will typically join a small team and will spend 10 weeks at Schonfeld from June – August.

Each summer intern will work on a tailored project that will provide them with real world experience. We provide all interns with a dedicated mentor and manager to help them navigate the summer successfully. Interns will also participate in our learning program, the Sapphire: Summer Session, which aims to provide tangible skills training and education on various functions across the firm and in the workplace. Along with the hands-on guidance and support from managers and mentors, interns will participate in weekly networking events, engage with our Diversity, Equity and Inclusion Alliance, attend panel discussions, and have many opportunities to get to know Schonfeld’s core values in practice.

Our Culture

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.