Full-Time
Quantitative Developer
Confirmed live in the last 24 hours
Verition Fund Management
51-200 employees
Multi-strategy hedge fund for investments
Compensation Overview
$100k - $200kAnnually
Junior, Mid
London, UK + 2 more
More locations: Hartford, CT, USA | New York, NY, USA
You match the following Verition Fund Management's candidate preferences
Employers are more likely to interview you if you match these preferences:
- At least 1-3 years experience in Python programming, ideally including libraries relevant to data analysis and machine learning
- A strong background in data structures, algorithms, and object-oriented programming
- Ideally a degree in Computer Science or some other STEM program
- Exceptional analytical abilities and a strong problem-solving mindset
- Excellent communication skills to effectively collaborate with traders and other team members
- Design and develop various tools in Python that will be crucial for analysis, research, trading, and risk management purposes
- Ensure integrity of data management pipeline and the underlying data itself, and actively identify, diagnose, and remedy data issues
- Provide ongoing maintenance, support, and enhancements for existing systems and platforms
- Communicate regularly with team managers
- Collaborate cross-functionally with internal tech and data teams, researchers, traders, and outside vendors
- Commitment to safeguarding team information and adhering to business sensitivity
- Stay abreast of market trends and academic research to continually adapt and refine trading strategies
- Implement machine learning and other advanced techniques to enhance predictive accuracy
- Experience with AWS or other cloud technology is a plus
- Knowledge of additional OOP languages like C++ or Java is a plus
- Familiarity with machine learning and AI applications in trading is also a plus
Verition Fund Management is a hedge fund that employs multiple investment strategies to manage assets for institutional investors, such as pension funds and high-net-worth individuals. The firm focuses on various strategies including Credit, Fixed Income Macro, Convertible Volatility Arbitrage, Event Driven, Equity Long Short Capital Markets, and Quantitative Strategies. Their approach involves dynamic capital allocation, allowing them to adapt to changing market conditions and aim for absolute returns. Verition differentiates itself from competitors through its collaborative work environment and a strong emphasis on risk management, utilizing both internal and external analyses to maintain disciplined investment practices. The company's goal is to generate positive returns for its clients while fostering a culture of creativity and cooperation among its team.
Company Size
51-200
Company Stage
N/A
Total Funding
$1.4B
Headquarters
Greenwich, Connecticut
Founded
2008
Simplify's Take
What believers are saying
- Increased interest in ESG investing attracts institutional investors to Verition's strategies.
- Advancements in AI-driven trading algorithms optimize Verition's trading strategies and risk management.
- Blockchain integration enhances transparency and efficiency in Verition's operations.
What critics are saying
- Concentration in small-cap biotech investments poses high volatility and risk.
- Potential overexposure to the real estate sector could be risky if market conditions change.
- Increased short interest in portfolio holdings indicates market skepticism and potential downside risk.
What makes Verition Fund Management unique
- Verition employs a multi-strategy approach, diversifying across global investment strategies.
- The firm leverages a team of experienced, hard-to-access portfolio managers.
- Verition's collaborative environment fosters the development of creative investment ideas.
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Benefits
Remote Work Options
Company News
Verition Fund Management LLC acquired a new stake in Metagenomi in the third quarter worth $82,000.
Verition Fund Management LLC acquired a new stake in X4 Pharmaceuticals in the 3rd quarter valued at approximately $30,000.
Finally, Verition Fund Management LLC purchased a new stake in Similarweb in the 3rd quarter worth approximately $160,000.
Finally, Verition Fund Management LLC acquired a new stake in Tarsus Pharmaceuticals in the third quarter worth about $763,000.
Verition Fund Management LLC purchased a new stake in Getty Realty in the 3rd quarter worth $10,119,000.