Counterparty Onboarding Analyst

The Role

We are seeking a highly analytical and detail-oriented professional to join our Counterparty Onboarding team based in our New York City office. This group is responsible for all counterparty onboarding across the firm. You will collaborate with peers from Risk, Portfolio Financing, Middle Office, Fund Accounting, Corporate Strategy, KYC, and Back Office. Strong organizational and interpersonal skills, as well as mental resilience, are required to succeed in this role. Ideal for students graduating in winter 2025 or spring 2026.

What you’ll do

Documentation

• Contribute to our library of documentation to outline and refresh best practices as our workflows and tools evolve
• Suggest areas of improvement that will benefit all stakeholders across the firm
• Coordinate with various teams globally (Legal, KYC, Middle Office, Strategy COOs) to gather information on new requests and enhance existing workflows
• Illustrate high-risk workflows for knowledge sharing across all departments

Project Management

• Help catalog new counterparty relationship requests and provide regular updates on current statuses and progress to management and internal stakeholders
• Prepare presentation notes and address team takeaway actions from large stakeholder meetings
• Follow up with internal and external parties to facilitate firm-wide efforts

Broker Onboarding

• Coordinate from internal request to final execution for various execution agreements such as CDEA, Give-up Agreements, Options Application forms, FX Designation Notices, MRA & GMRA
• Experience communicating directly with Prime Brokers, Execution Counterparties, and Custodian Banks
• Coordinate system mappings with internal/external stakeholders and vendors once new brokers are established
• Complete and facilitate all required documentation for onboarding clearing accounts and the underlying markets

What you’ll bring

What you need:

• Organization and strong data cataloging skills for managing projects
• Time management skills aligned with project deadlines and prioritization
• Excellent verbal and written communication skills
• Interpersonal skills to support the firm’s ethos and cross-team collaboration
• Curiosity for learning and understanding how systems interact
• Diligent work style with attention to detail and high quality standards
• Commitment, ability to work under pressure, and strong team player mindset
• 0-1 year of work experience

We’d love if you had:

• Experience with productivity tools (Confluence, JIRA, Visio, or MIRO)
• Experience with counterparty onboarding processes in a financial services firm
• Experience in a Middle/Back office operations role within financial services
• Experience with legal documentation related to trading execution agreements and/or FIA-Tech Portal
• Experience with SQL, VBA, or other technical skills is highly desired

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 worldwide, 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 central to our approach because exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to learn, innovate, and pursue ambitious goals. We are teamwork-oriented, collaborative, and encourage ideas at all levels to be shared. We provide learning and educational offerings and opportunities to make an impact. We promote community through internal networks, external partnerships, and service initiatives that advance inclusion and purpose beyond the firm’s walls.

Compensation

The base pay for this role is expected to be between $75,000 and $85,000. This range is based on information available at the time the post was generated. The role may be eligible for additional compensation such as a performance bonus and a comprehensive benefits package. Actual compensation will be determined based on factors such as skills, qualifications, and experience.