
Market Data Analyst at Schonfeld (New York, NY)
Schonfeld · New York, NY·
Job description
About the Role
Schonfeld's Enterprise Data team is looking for a Market Data Analyst to manage the sourcing, licensing, and entitlements of market data across global vendors, exchanges, and brokers. You'll support Schonfeld’s quantitative, fundamental, tactical, and macro portfolio managers in managing access to datasets across multiple asset classes and regions.
What You’ll Do
- Oversee day to day user entitlements, usage tracking, and compliance with vendor agreements and exchange rules
- Manage vendor relationships (Bloomberg, LSEG, etc.), including licensing, onboarding, and cost optimization
- Help manage exchange audits and compliance queries, ensuring accurate usage reporting and timely resolution with vendors and internal stakeholders
- Maintain inventory accuracy within the Optimize Spend platform while driving cost transparency and consolidation opportunities
- Monitor data usage, troubleshoot discrepancies, and enforce data integrity controls
- Maintain documentation of data sources, workflows, and governance processes
What You’ll Bring
- Bachelor’s degree in finance, Accounting, or Business
- 2–5 years in market data, data operations, or a related role at a hedge fund, asset manager, or financial services firm
- Strong analytical and problem-solving skills
- Deep understanding of financial data, data vendors, and their licensing structures.
- Hands-on experience with Bloomberg EMRS, Refinitiv DACS, and Optimize Spend
- SQL and/or scripting experience is a plus
- Enthusiasm for leveraging AI tools to improve productivity and decision-making
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’ll 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.
The base pay for this role is expected to be between $120,000 and $150,000. 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
Why work at Schonfeld
- Culture: Described as entrepreneurial, collaborative, and intellectually rigorous. The firm emphasizes that the best ideas rise to the top and that talent is its core strategy.
- Impact: Employees work alongside some of the brightest minds in the industry and are given the platform and support to turn ambitious ideas into lasting results.
- Career Development: Offers structured programs for students and early career professionals (internships, mentorship) and significant growth opportunities for experienced hires.
- Work Model: Hybrid/Office-based. Offices are located in major financial hubs (New York, London, Hong Kong, Singapore, São Paulo, Miami).
- Notable Perks: The firm’s philosophy is "We’ll Invest in You," indicating a strong commitment to employee growth, learning, and providing the resources needed to succeed. Employee-led community groups foster inclusion and purpose.