Full-Time
AI Business Analyst
Updated on 9/3/2026
Verition Fund Management
51-200 employees
Global multi-strategy hedge fund managing capital
Compensation Overview
$100k - $150k/yr
Norwalk, CT, USA + 1 more
More locations: New York, NY, USA
In Person
 Business & Strategy (1) |
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- 1–5 years of hands-on business analysis or operations experience in financial services, ideally within fund operations, trade support, or a related function at an investment bank, hedge fund, or buy-side firm.
- Demonstrated experience producing high-quality requirements documentation and working directly with Technology teams through the software development life cycle.
- Hands-on experience using large language models such as Claude and/or ChatGPT to get real work done through prompt design, workflow automation, or similar applications.
- Working knowledge of the trade lifecycle across Equity, Fixed Income, Futures, OTC Derivatives, and FX, including reconciliations, settlements, confirmations, and corporate actions.
- Familiarity with fund operations processes and an understanding of the operational risks introduced by manual workflows.
- Proficiency in SQL, including the ability to query enterprise databases independently to interrogate large datasets and answer business questions.
- Working knowledge of Python for data analysis and process automation, with the ability to turn a rough business requirement into a working, reliable tool.
- Strong written and verbal communication skills, with the ability to tailor messaging to technical teams and senior stakeholders.
- Ability to manage competing priorities independently.
- Ability to work effectively in a dynamic, fast-paced, team-oriented environment.
- Intellectual curiosity, a strong work ethic, and keen attention to detail.
- Partner with Operations, Trade Support, and Technology teams to understand business needs and produce comprehensive, well-structured requirements documentation.
- Translate operational workflows and business logic into clear functional and technical specifications for Technology teams to execute against.
- Conduct in-depth data analysis across asset classes, products, markets, and trading strategies to surface insights, identify process gaps, and support platform implementations.
- Engage Technology teams throughout the development lifecycle to validate that solutions meet business requirements, participating in design reviews, user acceptance testing, and production rollout.
- Identify manual, repetitive, or error-prone processes across the trade lifecycle that can be automated or accelerated, and prioritize them by operational impact and risk.
- Design, build, and maintain lightweight automations and scripts using Python and SQL, including large-language-model-assisted workflows using Claude and ChatGPT, that connect internal data and systems to reduce manual effort on the desk.
- Prototype, pilot, and iterate on AI-assisted tools end to end, applying prompt design, testing, and evaluation to improve output quality and reliability.
- Operate and support desk-built solutions as interim production tools by monitoring performance, troubleshooting failures, and applying appropriate controls for extended use ahead of formal engineering hand-off.
- Document each solution end to end so successful tools can be handed to Technology for productionization or maintained and scaled by the team in the interim.
- Proactively identify opportunities to improve Operations processes, data quality, and analytical capabilities.
- Measure the impact of automation and AI implementations against operational key performance indicators, identify risks introduced by automation, and recommend appropriate controls.
- Develop and maintain business requirements, process flows, playbooks, and user guides.
- Coordinate across Operations, Technology, and business stakeholders to ensure cross-functional alignment on priorities and deliverables.
- Provide detailed analysis to development teams and clear, concise updates to senior stakeholders.
- Stay current on new AI capabilities and vendor releases relevant to operations use cases.
- Exposure to large-language-model application programming interfaces, automation frameworks, or data pipeline tooling is strongly preferred.
Verition Fund Management operates a multi-strategy hedge fund that manages investments for institutional clients like pension funds and endowments. The firm works by dynamically allocating capital across diverse areas such as credit, fixed income, and quantitative strategies to capture changing market opportunities. It distinguishes itself through a collaborative, multi-manager structure and a multi-tiered risk management approach that uses both internal and external analysis. The company's goal is to generate absolute returns for its clients by maintaining disciplined investment practices across global financial markets.
Company Size
51-200
Company Stage
N/A
Total Funding
$1.4B
Headquarters
Greenwich, Connecticut
Founded
2008
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Simplify's Take
What believers are saying
- Verition signed Eisler’s Photon technology deal on February 24, 2026, upgrading trading intelligence.
- Rani Nazim joined Verition’s London credit team in 2026, proving elite recruiting still works.
- AMG’s 2025 investment and long-term founder commitments strengthen capital permanence and alignment.
What critics are saying
- Bloomberg reported Verition shut Sina Lashgari and Jon Paul’s team on January 26, 2026.
- Verition cut French quant Nicolas Couture after his July 6, 2026 drawdown breach.
- Repeated PM blowups trigger redemptions, shrinking assets and threatening a 2027 platform spiral.
What makes Verition Fund Management unique
- AMG bought a minority stake in April 2025, validating Verition’s franchise and economics.
- Verition listed $15.0 billion on July 1, 2026, while co-founders retain control.
- Verition spans credit, macro, equity, event, and quant, reducing dependence on single alpha sources.
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Hedge fund cut top French quant who really wanted to work there. 42 minutes ago The last time we wrote about Damien Couture, it was 2023 and he really wanted to work for hedge fund Verition. This intention was proving problematic for him because Couture, a quant trader, had just spent nearly seven years at Jump Trading and Jump Trading had a two year non-compete. Couture was challenging the non-compete in court. That was November 2023. In May 2023, Couture joined had Verition in London. Now it's July 2026, and he's gone again. Couture didn't respond to a request to comment for this article. However, the FCA Register shows that his registration at Verition in London ended on July 6th. Sources say he was stopped out by the fund after hitting his drawdown limit. Couture has been a quant since 2007 but Verition was his first stint at being a portfolio manager at a multistrategy hedge fund. He previously worked for electronic trading firms G-Research and Jump Trading. Couture is a mathematics graduate of the prestigious École polytechnique. Verition has a reputation as a comparatively pleasant sort of hedge fund to work for. However, all hedge funds have strict risk limits and are prone to cutting people whose losses exceed a specified maximum. It's been a difficult time for quant funds. Bloomberg reported earlier this week that funds have had their worst performance since 2023 as a result of wild swings in momentum trades. Verition has made various portfolio manager hires this year, including Jerome Brochard, an MD from Nomura's quantitative investment solutions team; Bruno Baisch, a systematic PM from ExodusPoint; and Praveen Visesh, a macro PM from ExodusPoint. It's thought that Couture will remain at Verition for two months and will move on after September. It's not clear where he will go next. Nor is it clear what will become of his team. Presumably they won't be bound by another non-compete. Follow me on X. Follow me on LinkedIn. Have a confidential story, tip, or comment you'd like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Signal: sarahbutcher.22 Click here to fill in our anonymous form, or email [email protected]. Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate. The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits. Boost your career. Find thousands of job opportunities by signing up to eFinancialCareers today. Top Articles
SRP Weekly: the autocallable boom continues. We bring you the most read stories in the past week from our news desk. Calamos' CAIE has hit US$1 billion in assets in less than 12 months. The asset manager reflected on the management of this groundbreaking autocallable ETF in an interview with SRP. In the US structured notes market, a surge in issuances propelled BNP Paribas to second place in May, with only Goldman Sachs ahead First Trust is preparing to list the FT Vest Laddered Autocallable Buffer & Resilient Income ETF on NYSE Arca, featuring a maturity buffer feature for its lineup, according to an SEC filing. SRP held a webinar on autocallable ETFs on Thursday with four panellists across ETF providers, investment banks and wealth managers. The replay can be accessed here. BlackRock has rolled out the iShares Bitcoin Premium Income ETF (BITA), an exchange-traded product (ETP) designed to provide investors with Bitcoin upside participation while generating monthly option premium. S&P Dow Jones Indices (S&P DJI) has expanded its covered call index offerings with the launch of the S&P 500 8% Premium Covered Call Index, a strategy designed to deliver a targeted level of income through a systematic options overlay on US equities. In the US structured notes market, a surge in issuances propelled BNP Paribas to second place in May, with only Goldman Sachs ahead, as the street monthly volumes hit a new high, shows our latest US market review. New York-based Prosperity Life Group introduced its PathWay Series fixed index annuities (FIAs) on Monday, offering six index accounts including two strategies that are seen in the market for the first time. Canadian investment management firm Ninepoint Partners has introduced the Ninepoint SpaceX HighShares ETF (SXHI), a covered call strategy, on the Toronto Stock Exchange. Purpose Investments last week also brought a covered call ETF on Cboe Canada offering exposure the latest IPO blockbuster - the Purpose SpaceX Yield Shares ETF (SPXY). Apollo Global Management has appointed Keshiv Desai as partner and head of structured investment solutions, bolstering its capabilities in customised investment strategies as alternative asset managers increasingly target wealth management and institutional distribution channels. Former Macquarie, Citi and Deutsche Bank executive takes the helm at Bloomberg Indices as the benchmark provider expands its role in quantitative and outcome-oriented investment solutions. Jérôme Brochard has joined Verition Fund Management from Nomura as managing director in London, marking the latest senior hire by the multi-strategy hedge fund as it builds out its investment and quantitative capabilities. In part one of a two-part roundup, we review how funds registered in Switzerland and Dublin performed in May. The opening session of the SRP France Conference 2026 brought together representatives from the French structured products industry to examine two of the sector's most debated topics: performance and transparency. Trading activity on Euronext Access Paris was broadly stable in May, with total daily average value traded at €32,442 (US$37,609), down 0.9% month-on-month (MoM) but 19.1% above the 12-month average. In Asia, Société Générale Corporate & Investment Banking (CIB) has appointed Marc Saffon as group country head for Japan, effective 1 September. The Reserve Bank of India (RBI) has published draft amendments to its Standardised Approach for Counterparty Credit Risk (SA-CCR) framework and invited public comments until 1 July. An estimated KRW5.8 trillion (US$3.7 billion) was collected from 1,387 structured products offered on the South Korean primary market in May, according to our latest Korea market review. Hong Kong regulators have co-launched a joint pilot project to explore the use of a digital payment solution for after-hours trading (AHT) in the derivatives market. In Singapore, DBS Bank Ltd has introduced tokenised physical gold - DBS Physical Gold Token - for customers in a first for the retail market, according to the bank. Do you have a confidential story, tip or comment you'd like to share? Contact Us | SRP (structuredretailproducts.com)
Verition, now managing $14 billion with over 500 investing professionals, is navigating a critical inflection point as it scales whilst maintaining its collaborative culture. The hedge fund has surpassed size thresholds that previously challenged rivals like Balyasny and Schonfeld. Gustav Rydbeck, global head of equity long-short, has assembled a leadership team from Point72 and other top firms to strengthen analytics, data, risk management and AI implementation. The firm emphasises its team-centric approach over the typical pod structure common at competitors. Verition gained 2.6% through April, outperforming the 1.3% average for multistrategy hedge funds. Over 90% of the firm's profits from the past decade came from teams still at Verition. Founder Nick Maounis and COO Josh Goldstein personally interview each portfolio manager to maintain cultural fit.
Several major hedge funds are reducing their investment staff in Miami despite the city's reputation as a growing finance hub. Eight multistrategy firms — including Citadel, Millennium, Point72 and Balyasny — employed 218 investment professionals in Miami in 2025, down 20 from the previous year, even as their overall investing head count grew by over 11%. Citadel, which moved its headquarters to Miami in 2022, cut 15 investment professionals there whilst adding 77 globally. Millennium reduced its Miami presence from 53 investors to 48 and consolidated from two offices to one. Only ExodusPoint and Walleye increased their Miami investment staff. Growth is instead concentrated in New York, London, Hong Kong and Dubai, according to regulatory filings.
Global hedge funds remain committed to investing in the UAE despite tensions. March 25, 2026 10:29 PM 2-minute read Major global hedge funds have reaffirmed their commitment to investing in the United Arab Emirates, renewing their confidence in Dubai and Abu Dhabi as global financial centers, despite the current geopolitical challenges facing the region. Statements from these institutions show their determination to continue expanding in the Emirati market, with Millennium Management confirming its commitment to Dubai while exploring options to relocate some employees, while maintaining its operational presence there. Jean-Luc Roch, the company's CEO in the UAE, said that Dubai still has strong long-term potential as a regional hub, emphasizing the company's support for employees who have chosen to build their careers in the emirate. In the same context, Sander Gerber, CEO of Hudson Bay Capital Management, stated that the UAE will remain a key destination for long-term investments and global talent, noting that his company recently opened an office in Abu Dhabi alongside its operations in Dubai. Verition Fund Management also announced plans to extend its office lease in Dubai for five years, with intentions to strengthen its presence in the Middle East region, expressing conviction in the strength of institutional stability in the area and its transformation into a growing global financial center. These statements come at a time when the UAE has reinforced its status as a primary destination for asset management companies, with institutions like Exodus Point Capital and Ballyasheni Asset Management establishing operations in the country. Over the past years, Dubai and Abu Dhabi have intensified efforts to attract global financial institutions, benefiting from competitive advantages including an attractive tax environment, high security levels, and a strategic time zone location. Abu Dhabi stands out due to its sovereign wealth, with the Abu Dhabi Investment Authority, which manages assets estimated at about $1.1 trillion, continuing to expand its investments through global hedge funds. In contrast, Dubai is distinguished by private wealth strength, as its financial center hosts family offices managing assets exceeding a trillion dollars. (Bloomberg)