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 like pension funds and high-net-worth individuals. The firm utilizes various strategies, including Credit, Fixed Income Macro, and Equity Long Short, to adapt to changing market conditions and aim for absolute returns. Their approach involves dynamic capital allocation, allowing them to respond effectively to market fluctuations. Verition distinguishes itself from competitors through its collaborative work environment and a strong focus on risk management, employing both internal and external analyses to maintain disciplined investment practices. The company's goal is to generate consistent 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 aligns with Verition's multi-strategy approach.
- AI-driven trading strategies enhance Verition's quantitative strategies and data analysis capabilities.
- The rise of retail investors offers new product opportunities for Verition.
What critics are saying
- Emerging hedge funds using AI may outperform Verition's traditional multi-strategy approaches.
- Geopolitical tensions in new markets like the Middle East pose reputational risks.
- Institutional investors' demand for transparency and lower fees could pressure Verition's profitability.
What makes Verition Fund Management unique
- Verition employs a multi-strategy approach, diversifying across various global investment strategies.
- The firm has a collaborative environment fostering creative investment ideas and solutions.
- Verition's sophisticated risk management ensures disciplined investment practices and client confidence.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Remote Work Options
Company News
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.
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.