Full-Time
Verition Fund Management
51-200 employees
Multi-strategy hedge fund for investments
No salary listed
Mid, Senior
New York, NY, USA
- Experience in architecting and delivering firmwide cloud based, scalable, supportable, flexible services in a modern devops environment
- STEM degree
- Prior experience in finance
- Proficiency in programming languages commonly used in AI/ML and quantitative finance, such as Python
- Knowledge of AI/ML frameworks and libraries (e.g., TensorFlow, PyTorch, Scikit-learn) and experience applying AI/ML techniques to real-world data
- Experience with data manipulation, cleansing, and preprocessing techniques
- Strong analytical and problem-solving skills, with a creative approach to developing innovative solutions
- Ability to clearly communicate complex technical concepts to a diverse audience, including both technical and non-technical stakeholders.
- Design and build a firmwide scalable programmatic framework to allow teams to access GenAI and ML resources
- Work closely with Portfolio Managers, Researchers, the Risk team and other business functions to integrate AI/ML models into the firm’s trading systems, strategies and business processes.
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, and Equity Long Short Capital Markets. 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. The goal of Verition is to provide consistent returns 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
- Verition can leverage AI-driven trading for enhanced market predictions and risk management.
- The firm's dynamic capital allocation aligns with trends in flexible hedge fund models.
- Increased interest in ESG investing opens new avenues for attracting institutional investors.
What critics are saying
- Emerging hedge funds using AI may outperform traditional multi-strategy approaches.
- Intensifying regulatory scrutiny could impact Verition's fee structures and transparency.
- Volatility in cryptocurrency markets poses risks due to uncertain regulatory frameworks.
What makes Verition Fund Management unique
- Verition employs a multi-strategy approach, offering diverse investment strategies globally.
- 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
Finally, Verition Fund Management LLC acquired a new stake in Arcturus Therapeutics in the 3rd quarter worth approximately $420,000.
Verition Fund Management LLC purchased a new stake in Vermilion Energy in the third quarter worth approximately $555,000.
Verition Fund Management LLC purchased a new stake in Terreno Realty in the 3rd quarter valued at $225,000.
Verition Fund Management LLC acquired a new stake in Elme Communities in the third quarter valued at $541,000.
Dubai International Financial Centre (DIFC) has partnered with Verition Fund Management LLC, a prominent global multi-strategy hedge fund, to launch an inaugural internship program aimed at university students.