2027 Software Engineering Intern

The Role

Schonfeld is offering an opportunity for exceptional individuals to join its internship program. You will spend ten weeks with an experienced software engineering team within the Schonfeld Technology division, immersed in the culture and atmosphere of Schonfeld and working alongside talented professionals on high-profile projects.

Software Engineers at Schonfeld take on a wide range of responsibilities and challenges. They design, develop, deploy, and support existing applications, as well as new features and platforms. They participate in an Agile framework, continuously improving and expanding platform capabilities.

You may be assigned to one of the following technology teams:

Treasury Technology

Delivers advanced systems for securities lending, financing, repo trading, FX hedging, collateral management, and margin optimization. Works closely with the Treasury Desk, Portfolio Managers, Prime Brokers, and OMS/EMS technology teams.

Compliance Technology

Responsible for intraday trade monitoring, position limit checking, surveillance, trading restrictions, and global regulatory reporting.

What You’ll Do

You will work alongside senior developers writing software that improves the functionality, performance, stability, efficiency, and scalability of the research and trading platform. You will be assigned both a manager and a mentor, participate in organized team-building events, lunch and learns, social activities, and network with senior management throughout the internship. You will be assigned summer-long projects directly related to the work of the team you are assigned to, which you will present at the completion of the program.

Upon completion of the internship, you may be extended a full-time offer of employment.

We do not require prior experience in finance, but we do require a passion for software development and solving business problems. We will teach you what you may lack in business knowledge to help you complete your tasks.

What You Need

• A student pursuing a degree in a technical or quantitative field
• Demonstrated software engineering skills from previous internships, coding competitions, or publications
• Interest and experience in a programming language (various languages will be considered, such as C++, Java, and Python)
• Some basic knowledge of Git and databases
• High levels of creativity and quick problem-solving capabilities
• Interest in Capital Markets or Finance
• Strong interest in taking ownership of your work
• Strong analytical and organizational skills
• Strong attention to detail

We’d Love If You Had

• Previous financial industry experience (although it is not required)
• An advanced degree in a quantitative or technical field

Our Internship

Kick-start your career in finance with the Schonfeld Summer Internship. Over the course of 10 weeks, you will have the opportunity to build solutions that tackle real-world challenges and leave a lasting impact on the firm. As an intern, you will join a close-knit team that is ready to support your growth and accelerate your career.

You will be paired with a dedicated manager and a mentor who will guide your development over the course of the internship and beyond. Throughout the program, you will connect with senior leaders through a series of learning sessions, attend hands-on skills workshops, network at social events, and get a behind-the-scenes look at how various functions power the firm. You will be empowered to bring your ideas to life and make an impact.

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 around the world, 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 will invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate, and pursue ambitious goals. 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 and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships, and service initiatives that promote inclusion and purpose beyond the firm’s walls.

Compensation

The annual base pay for this role is expected to be between $125,000 and $145,000, 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, experience, and level of education.