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The Voleon Group

Runs machine-learning hedge funds for institutions

Data Scientist

Full-TimePosted on 8/4/2023
No salary listed
Junior
Bachelor's, Master's
Berkeley, CA, USA
Hybrid
Data & AnalyticsData Science

About the job

Requirements
  • 1+ years of applied end-to-end industry experience, including internships working with complex datasets, including curation, querying, aggregation, exploratory data analysis, and visualization
  • Experience using statistical methods to analyze data, identify patterns, conduct root cause analysis, discover insights, and recommend solutions
  • Ability to frame and answer questions mathematically
  • Ability to infer useful forward-looking directions from results of retrospective analysis
  • Fluency in managing, processing, and visualizing tabular data using a combination of SQL, Pandas, and R
  • Basic software development skills and experience with bash, linux/unix, and git
  • Ability to refine requirements from ambiguous requests to produce reports demonstrating excellence in communication
  • Bachelor’s degree in a quantitative discipline (statistics, biostatistics, data science, computer science, or a related field)
Responsibilities
  • Design and implement systems to ensure data correctness and monitor data health in data stores and live feeds
  • Proactively identify abnormal production behavior and communicate them clearly to relevant stakeholders
  • Perform extemporaneous analyses on research and production trading systems with leadership
  • Harness financial expertise and statistical analysis to gain actionable insights into our production trading and research systems
  • Design and implement analysis pipelines that automate those analyses found to be valuable for ongoing monitoring
Desired Qualifications
  • Master’s degree in a quantitative discipline
  • Prior industry experience or displayed interest in finance, such as related academic projects, coursework in financial engineering, or industry internships
  • Experience developing in a production-facing environment and familiarity with standard concepts and tooling, e.g., CI/CD, git, Airflow

About the company

The Voleon Group runs hedge funds for institutions such as pension plans and sovereign wealth funds, using machine-learning models instead of human judgment to choose every trade. It began live trading in 2008 as one of the early hedge funds to hand all of its trading decisions to machine-learning models. Those models comb through years of price and trading data for patterns that predict market moves, then trade automatically in stocks, bonds, futures, currencies and derivatives. Voleon earns management fees plus a share of the gains it makes for investors. A computer scientist and a statistician founded Voleon in 2007, and it is based in Berkeley, California, near the University of California campus.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Berkeley, California

Founded

2007

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Simplify's Take

What believers are saying

  • The business is growing fast: Voleon's SEC-reported assets rose 80% in the year to December 2025, to $29.4 billion.
  • Room to grow: Voleon listed 58 open roles in October 2026, including 10 in London and 6 in New York.
  • Entry pay is high: Voleon's 2027 new-grad software engineers get a $175,000 to $210,000 base salary plus a bonus.

What critics are saying

  • Research seats are scarce: only 28 of 158 staff at its fund-management arm did investment work in July 2026.
  • Its market-making rivals are giants: Citadel Securities, Jane Street and Hudson River grossed $27 billion from January to March 2026.
  • Machine learning has had losing years: Voleon lost money in 2016 after five straight profitable years.

What makes The Voleon Group unique

  • It is becoming a bond dealer: by July 2026, sister firm Voleon Securities quoted prices on bond trading platforms.
  • You learn from a working academic: co-founder Jon McAuliffe, an investment chief, is an adjunct statistics professor at UC Berkeley.
  • Many jobs don't require an office: 20 of Voleon's open roles in October 2026 were listed as fully remote.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Vacation

Paid Sick Leave

401(k) Retirement Plan

401(k) Company Match

Company News

Traders Magazine
Aug 11th, 2026
Osman Awan moves to The Voleon Group.

Osman Awan moves to The Voleon Group. August 11, 2026 Osman Awan has joined The Voleon Group as a Lead Quant Trading Strategist, where he will manage a team focused on multi-asset research and optimization across execution and securities finance, according to his LinkedIn profile. The move brings Awan to the Berkeley-based quantitative investment firm from Connor, Clark & Lunn Investment Management, where he most recently served as Head of Quant Trading and Trading Research. At CC&L, Awan was responsible for execution and execution research across the firm's quantitative equity portfolios. He had been with the investment manager for 7.5 years and was promoted to principal in 2021. Prior to CC&L, Awan spent about three years in roles spanning equity trading and market structure. He was Vice President of Business Development at Instinet from June 2017 to November 2018, following a role in Business Development focused on Equity Trading and Market Structure at Aequitas NEO Exchange from March 2016 to June 2017. Earlier in his career, Awan spent nearly five years at CIBC World Markets as an Associate in Equity Derivatives Trading and Coverage, from April 2011 to February 2016. In his new role at Voleon, Awan will oversee a team working across multiple asset classes, with responsibilities spanning quantitative research and optimization of trading execution and securities finance. Voleon is a quantitative investment firm that uses systematic, data-driven approaches across global financial markets. The firm's platform combines quantitative research, technology and trading to develop investment strategies across asset classes.

MarketBeat
Aug 30th, 2025
Itau Unibanco Holding S.A. Purchases 206 Shares of Booking Holdings Inc. $BKNG

Voleon Capital Management LP purchased a new stake in Booking in the fourth quarter worth about $1,679,000.

MarketBeat
Jun 7th, 2025
The Coca-Cola Company (NYSE:KO) Shares Acquired by Gateway Investment Advisers LLC

Voleon Capital Management LP purchased a new stake in Coca-Cola in the fourth quarter valued at $2,513,000.

MarketBeat
May 3rd, 2025
Carvana Co. (NYSE:CVNA) is Metavasi Capital LP's 4th Largest Position

Finally, Voleon Capital Management LP purchased a new stake in Carvana in the fourth quarter valued at approximately $7,502,000.

MarketBeat
Feb 16th, 2025
AvePoint, Inc. (NASDAQ:AVPT) Short Interest Update

Voleon Capital Management LP acquired a new stake in AvePoint in the fourth quarter valued at approximately $367,000.

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