Full-Time
Verition Fund Management
51-200 employees
Multi-strategy hedge fund for investments
No salary listed
Expert
London, UK
- Bachelor’s degree in computer science, Engineering, Mathematics or related field
- 10+ experience in a similar role
- Prior buy side experience is strongly preferred (Multi-Strat/Hedge Funds)
- Capital markets experience is necessary. (Good working knowledge of reference data across asset classes and experience with trading systems)
- Deep AWS cloud experience with commons services (S3, lambda, cron, Event Bridge etc.)
- Proven experience in designing and deploying data infrastructure at scale preferably in a financial services firm or hedge fund.
- Experience designing and deploying disaster recovery and high availability strategies in cloud environments.
- Strong hands-on skills with NoSQL and SQL databases, programming in Python and data pipeline and analytics tools
- Familiarity with time series data and common market data sources (Bloomberg, Refinitiv etc.)
- Familiar with modern Dev Ops practices and infrastructure-as-code tools (e.g. Terraform, CloudFormation)
- Excellent communication skills to work with stakeholders across technology, investment, and operations teams.
- Ability to work in a fast-paced environment with tight deadlines.
- Building Data pipelines in AWS platform utilizing existing tools like Cron, Glue, Eventbridge, Python based ETL, AWS Redshift
- Working closely with data vendors such as Bloomberg, Refinitiv, Exchanges etc.
- Normalizing/standardizing vendor data, firm data for firm consumption
- Help Support and Expand Platform Capabilities from basic daily/historical processing to products, private data storage.
- Coordinate with Internal teams on delivery, access, requests, support
- Promote Data Engineering best practices and mentor junior team members Conduct architectural and design reviews and establish best practices for data engineering, mentor and guide data engineers and contribute to hiring and technical development of the global team.
- Prior buy side experience is strongly preferred (Multi-Strat/Hedge Funds)
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. Verition allocates capital dynamically to take advantage of changing market conditions, aiming to generate absolute returns for its clients. The company 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. Verition's goal is to provide consistent returns while fostering creativity and cooperation among its team members.
Company Size
51-200
Company Stage
N/A
Total Funding
$1.4B
Headquarters
Greenwich, Connecticut
Founded
2008
Simplify's Take
What believers are saying
- AMG's stake acquisition could provide Verition with additional capital and resources.
- AI-driven trading strategies enhance Verition's quantitative strategies and market analysis.
- Partnership with DIFC may cultivate future finance leaders, enhancing Verition's talent pool.
What critics are saying
- Increased competition may pressure Verition's performance fees and client retention.
- AMG's stake acquisition might lead to strategic shifts affecting operational autonomy.
- Dynamic capital allocation strategy may increase exposure to market volatility.
What makes Verition Fund Management unique
- Verition employs a multi-strategy approach, diversifying across global investment strategies.
- The firm has a collaborative environment fostering creative investment ideas.
- Verition's sophisticated risk management ensures disciplined investment practices.
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Benefits
Remote Work Options
Company News
Affiliated Managers Group Inc. is acquiring a minority stake in Verition Fund Management, a rapidly growing multistrategy hedge fund in the $4.5 trillion industry. The definitive agreement allows Verition's management, led by co-founders Nicholas Maounis and Josh Goldstein, to continue leading the firm and make a significant additional investment. The deal will be announced on Monday and is expected to close in the second quarter of this year.
Verition Fund Management LLC purchased a new stake in MAG Silver in the third quarter valued at $168,000.
Verition Fund Management LLC purchased a new stake in Patrick Industries during the third quarter valued at approximately $418,000.
Verition Fund Management LLC acquired a new stake in Revolution Medicines in the 3rd quarter worth about $645,000.
Finally, Verition Fund Management LLC purchased a new stake in Marten Transport in the third quarter worth $216,000.