Fairfield University, 2008 B.S., Finance / Management
P&L Analyst
I organized my first interview with SAC Capital through Fairfield University’s campus recruiting program. I was aware of the
firm’s prestigious reputation and was eager to apply for an open position. I met with several bright individuals and quickly
realized that SAC was a place that would both challenge me intellectually and provide great career opportunities.
As a profit and loss analyst, I am mainly responsible for reconciling and maintaining several multi-strategy trading accounts
across the equities platform. I ensure that the firm’s trading and accounting systems are recorded to accurately reflect P&L
from both a front and back office perspective. At SAC, I have expanded my knowledge of the hedge fund industry and have
developed a better understanding of how the business operates. I am constantly exposed to a variety of investment products
and am privileged to have a macro view of the firm’s overall performance.
I am also responsible for providing trader support by addressing select queries and requests, as well as completing various
group projects. Recently, I have taken an initiative in testing the development of a new workspace application that will greatly
enhance our controller processes.
I am originally from Long Island, but relocated to Stamford to reduce my daily commute to a quick ten minutes. My experience
at SAC thus far has been both challenging and rewarding. As a recent graduate, I have found the firm to be a great place to
start my career.
Day in the life of Jeffrey Colletta
7:00:
Wake up, make a cup of coffee, put on CNBC, get ready.
7:50:
Drive into work from my Stamford apartment -- ten minute commute .
8:00:
Log onto my computer and check all emails / voicemails / headline financial news.
8:15:
Go down to the cafeteria and get breakfast.
8:20:
Prepare all accounts and prioritize outstanding issues.
10:30:
Investigate and resolve large P&L variances before the afternoon deadline.
12:30:
Grab lunch and bring it back to my desk.
12:45-6:30:
The rest of the day I spend most of my time reconciling all discrepancies down to an immaterial amount to ensure accurate P&L.
I am always on the phone or sending emails to operations notifying them of issues that must be resolved. I will also address trader
inquiries and requests, complete group projects, and test the new workspace application during this time.
6:30:
Log off my computer and drive back home.
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