What are the responsibilities and job description for the 2025 Reference Data Operations Sophomore Summer Internship position at Schonfeld?
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 the Reference Data Operations team which sits within the larger Operations division. You will be immersed in the culture and atmosphere of Schonfeld, working alongside talented professionals on high profile projects.
The Reference Data Operations team at Schonfeld take on a wide range of responsibilities and challenges. This group is responsible for all account onboarding across the firm, setting up the static data that drives trade bookings, and the overall documentation for all high-risk areas of Operations. You will collaborate with many peers from different departments, such as - Risk, Portfolio Financing, Middle Office, and Fund Accounting. The Reference Data Operations team takes pride in suggesting policies for optimal efficiency for all processes.
What you'll do
In this role, you will work directly with Operations senior management and across peer groups in all areas. This is a prime opportunity to learn various facets of the different business departments. Acquire knowledge of how various asset types work and function, how data is retrieved and communicated with sell side counterparties, gain an appreciation for all components of data and its investment value to a hedge fund. In working on these operational projects, you will interact and liaise to helping us achieve a scalable infrastructure that is efficient and its data integrity in high regard for completeness and accuracy.
Reference Data Management
- Broker Data : Assist Account Master team and Operations work with all stakeholders to document list of executing brokers by various classifications and fund ownerships. Illustrations in Visio for knowledge sharing across departments in Atlassian Confluence pages.
- Coordinate with various teams globally : Legal / KYC / Middle Office to gather information and enhance existing workflows.
Verify information in various systems to ensure static data integrity for the entire firm
Documentation
What you'll bring?
Our internship
The Schonfeld summer internship provides students with a unique opportunity to experience Schonfeld, our work, our people, and our culture.
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.
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 annual base pay for this role is expected to be between $45,000 and $52,000 which will be prorated based on internship start and end date. The expected base pay range is based on information at the time this post was generated. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications and experience and level of education.
Salary : $45,000 - $52,000
