Market Data Analyst

About the Role

The Enterprise Data team at Schonfeld is hiring a Market Data Analyst to handle the sourcing, licensing, and entitlement management of market data from vendors, exchanges, and brokers worldwide. In this role, you will support quantitative, fundamental, tactical, and macro portfolio managers by helping them access datasets across a range of asset classes and geographies.

Key Responsibilities

• Manage daily user entitlements, track usage, and ensure adherence to vendor contracts and exchange requirements.
• Handle relationships with market data providers such as Bloomberg and LSEG, including licensing, onboarding, and expense optimization.
• Support exchange audits and respond to compliance questions by providing accurate usage details and coordinating with vendors and internal teams for timely resolution.
• Keep inventory records accurate in the Optimize Spend platform and identify opportunities to improve cost visibility and consolidate spend.
• Watch data consumption patterns, investigate discrepancies, and maintain strong controls around data integrity.
• Document data sources, operational processes, workflows, and governance practices.

Required Background

The ideal candidate should hold a bachelor’s degree in finance, accounting, or business. You should bring 2–5 years of experience in market data, data operations, or a closely related position within a hedge fund, asset management, or financial services environment. A strong analytical mindset, solid problem-solving ability, and a deep understanding of financial datasets, vendor ecosystems, and licensing frameworks are important. Practical experience with Bloomberg EMRS, Refinitiv DACS, and Optimize Spend is expected. SQL or scripting knowledge is a plus, and a genuine interest in using AI tools to boost productivity and decision-making is valued.

About Schonfeld

Schonfeld is a global multi-manager hedge fund focused on delivering strong risk-adjusted returns. The firm combines internal and external portfolio manager teams across the world to pursue opportunities across Quant, Tactical, Fundamental Equity, and Discretionary Macro & Fixed Income strategies, supported by proprietary technology, infrastructure, and risk analytics.

Culture and Growth

Schonfeld emphasizes learning, innovation, and collaboration. The firm invests in its people through educational resources, opportunities to contribute meaningfully, and a culture that encourages idea-sharing at every level. It also supports community through internal networks, outside partnerships, and service initiatives that promote inclusion and purpose.

Compensation and Benefits

The expected base salary for this position is between 120000 and 150000 annually. The role may also include additional compensation such as a performance bonus, along with a competitive benefits package. Final pay will depend on qualifications, skills, and experience.