Full-Time

AI/ML Engineer

Confirmed live in the last 24 hours

Verition Fund Management

Verition Fund Management

51-200 employees

Multi-strategy hedge fund for investments

Mid, Senior

New York, NY, USA

Category
Applied Machine Learning
AI Research
AI & Machine Learning
Required Skills
Scikit-learn
Python
Tensorflow
Pytorch
Machine Learning
Development Operations (DevOps)
Requirements
  • 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.
Responsibilities
  • 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

Verition Fund Management

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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 Jobs

Simplify's Take

What believers are saying

  • Increased interest in ESG criteria could attract more institutional investors.
  • AI-driven trading platforms enhance Verition's quantitative strategies and decision-making.
  • Alternative data sources provide unique insights for Verition's investment decisions.

What critics are saying

  • Competition for top talent may affect Verition's ability to attract skilled interns.
  • Potential overexposure to specific sectors could lead to significant investment losses.
  • Market skepticism about certain investments could impact Verition's performance.

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

Upper Setup
Mar 3rd, 2025
DIFC and Verition Launch Internship Program to Cultivate Future Finance Leaders

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.

Dubai City Guide
Mar 3rd, 2025
DIFC And Leading Global Hedge Fund Verition, Launch Search For World-Class Interns

Verition Fund Management LLC ("Verition"), a leading global multi-strategy hedge fund, today announced the launch of its inaugural internship programme for its office in Dubai, in collaboration with Dubai International Financial Centre (DIFC).

MarketBeat
Mar 1st, 2025
Versor Investments LP Has $653,000 Stock Holdings in Reynolds Consumer Products Inc. (NASDAQ:REYN)

Verition Fund Management LLC acquired a new stake in Reynolds Consumer Products in the 3rd quarter valued at approximately $12,844,000.

MarketBeat
Feb 22nd, 2025
Chevy Chase Trust Holdings LLC Sells 10,000 Shares of Sandy Spring Bancorp, Inc. (NASDAQ:SASR)

Verition Fund Management LLC purchased a new stake in Sandy Spring Bancorp in the third quarter worth about $7,438,000.

MarketBeat
Feb 16th, 2025
Peapod Lane Capital LLC Invests $1.27 Million in Metagenomi, Inc. (NASDAQ:MGX)

Verition Fund Management LLC acquired a new stake in Metagenomi in the third quarter worth $82,000.