Great culture - Quantitative Developer Schonfeld Employee Review

I was an intern there for 8 weeks and I honestly met the greatest mentors. Definitely a tough and fast-paced environment but the people are so friendly and helpful.

Not much, I had a great experience.

The colleagues in the office are generally very friendly and supportive.

Compensation is significantly below market compared to other banks and hedge funds, particularly given the workload and expectations. Employees are typically required to start as temporary workers, earning hourly pay in the low $20s, with limited clarity around timeline or pathway to permanent roles. There is a noticeable lack of communication across the organization, which often leads to confusion and inefficiencies. Internal operations are disorganized, similar to an early-stage startup. Company-wide events and cross-department face daily challenges due to lack of planning and coordination Role expectations are not clearly defined. Work is frequently assigned from multiple departments outside the original job scope, and there is limited structure around workload management or compensation adjustments over time. Physical job expectations were not always aligned with professional attire standards. In some cases, employees were expected to handle and unbox numerous heavy deliveries daily while also maintaining formal dress requirements (such as dresses, skirts, and heels), which created practical challenges and discomfort.