Full-Time

Member of Research Staff

Updated on 4/24/2025

The Voleon Group

The Voleon Group

51-200 employees

Investment management using machine learning algorithms

Compensation Overview

$225k - $250k/yr

+ Bonus

Senior, Expert

Berkeley, CA, USA

This position is hybrid, indicating a mix of remote and in-office work.

Category
Applied Machine Learning
AI Research
AI & Machine Learning
Required Skills
Python
R
Machine Learning
Data Analysis
Requirements
  • Background in modern statistical methods and machine learning with a track record as an applied researcher
  • Evidence of strong mathematical abilities (e.g., publication record, graduate coursework, or competition placement)
  • Interest in software development techniques and willingness to write production level code (Python and/or R preferred)
  • Ability to solve large-scale computing problems
  • Eagerness to work in collaborative and diverse teams
  • Interest in financial applications is essential, but prior finance industry experience is not a pre-requisite
  • Ph.D. level coursework is required, and a Ph.D. degree in a relevant field is preferred
Responsibilities
  • Develop a rich understanding of Voleon’s challenges and methodologies and propose research innovations and experiments to build, maintain and optimize the models that govern our investment strategy
  • Prepare and analyze new datasets to assess their predictive efficacy
  • Develop, validate, and implement new models into production
  • Design and conduct experiments to improve simulations and evaluate the success of new models in a live environment
  • Communicate and collaborate effectively with other Members of Research Staff and Software Engineers at each stage, driving progress towards tangible outcomes
  • Keep up to date on the latest academic research to identify novel approaches to explore for application to our domain
Desired Qualifications
  • Interest in financial applications is essential, but prior finance industry experience is not a pre-requisite

Voleon uses machine learning to analyze financial market trends and make investment decisions. The firm employs advanced statistical models to process large datasets, identifying patterns that can guide investment strategies. Unlike traditional methods that depend on human judgment, Voleon's approach is entirely data-driven, utilizing algorithms to interpret complex market behaviors. The company primarily caters to institutional clients, such as pension funds and endowments, seeking to enhance their investment portfolios. Voleon differentiates itself from competitors through its proprietary algorithms, which are scalable and adaptable to market changes, and its performance-based fee structure that aligns its goals with those of its clients. The firm's objective is to leverage its academic expertise and continuous research to achieve optimal investment returns for its clients.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Berkeley, California

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in ESG investing aligns with Voleon's data-driven approach.
  • Alternative data sources enhance predictive models for quantitative hedge funds like Voleon.
  • Cloud computing adoption enables Voleon to scale machine learning models efficiently.

What critics are saying

  • Competition from other quantitative hedge funds may erode Voleon's market share.
  • Technological advancements require costly updates to Voleon's proprietary algorithms.
  • Regulatory scrutiny on machine learning in finance could impose new compliance costs.

What makes The Voleon Group unique

  • Voleon uses machine learning to predict financial market trends, unlike traditional strategies.
  • The firm serves institutional clients, focusing on scalability and risk management.
  • Voleon's academic approach emphasizes intellectual rigor and continuous learning.

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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

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.

Stanford University
May 19th, 2024
Belle Battistoni Earns Pac-12 Women's Rowing Scholar-Athlete of the Year Award

Post graduation, Battistoni will join the Voleon Group as an Operation Associate.