Full-Time

Sr. Network Engineer

Posted on 3/19/2025

Verition Fund Management

Verition Fund Management

51-200 employees

Multi-strategy hedge fund for investments

Compensation Overview

$150k - $200k/yr

Senior, Expert

New York, NY, USA

In Person

Category
Network Administration
IT & Security
Required Skills
Python
Wireshark
Computer Networking
AWS
Ansible
Linux/Unix
Requirements
  • 7+ years of experience in engineering, implementation, and maintenance of enterprise networks.
  • BS/MS degree or higher in computer science, networking, cybersecurity or related IT fields.
  • Deep knowledge and understanding of BGP, OSPF, PIM and IGMP including best practices.
  • Significant implementation experience with Arista, Cisco Catalyst, Nexus, and Palo Alto.
  • Thorough understanding of firewall policy administration and technologies including VPN and NAT.
  • Excellent troubleshooting skills on wide array of networking issues including LAN, WAN, and multicast.
  • Understanding of all aspects of datacenter build process including basic power consumption and cooling. Experience with Equinix desired.
  • Experience with PTP timing architecture for trading networks.
  • Experience with AWS cloud networking.
  • Experience using Linux command line utilities and ethtool.
  • Strong scripting and automation experience using python and ansible.
  • Experience implementing F5 LTM and GTM devices.
Responsibilities
  • Network design, implementation, and support of multi-vendor global trading network.
  • Contribute to greenfield buildouts of colocation and proximity datacenters.
  • Meet with stakeholders for project related items and identify key priorities.
  • Manage multicast market data feeds for all exchanges and support algorithmic traders.
  • Manage the firm’s security perimeter with Palo Alto firewall and be able to build site-to-site VPN tunnels and implement strict security policies.
  • Support PTP and NTP timing infrastructure.
  • Develop automation scripts to increase efficiency and identify areas of improvement.
  • Configure F5 Local Traffic Manager and Global Traffic Manager for IP and DNS load balancing.
  • Analyze packet captures using sniffers, tcpdump, and Wireshark.
  • Document all aspects of the network.
  • Monitor service-now user request queue and quickly adapt priorities based on severity.
  • Enhance network monitoring.
  • Global circuit capacity planning.
  • Provide on-call support and troubleshooting of all things network.
Desired Qualifications
  • Experience with Equinix desired.
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. 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

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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

Bloomberg Law
Apr 21st, 2025
AMG Acquires Stake in Verition Fund

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.

MarketBeat
Apr 16th, 2025
Scotiabank Boosts MAG Silver (NYSEAMERICAN:MAG) Price Target to $18.50

Verition Fund Management LLC purchased a new stake in MAG Silver in the third quarter valued at $168,000.

ETF Daily News
Apr 4th, 2025
Corebridge Financial Inc. Grows Stake in Patrick Industries, Inc. (NASDAQ:PATK)

Verition Fund Management LLC purchased a new stake in Patrick Industries during the third quarter valued at approximately $418,000.

ETF Daily News
Mar 31st, 2025
Revolution Medicines, Inc. (NASDAQ:RVMD) Shares Purchased by Corebridge Financial Inc.

Verition Fund Management LLC acquired a new stake in Revolution Medicines in the 3rd quarter worth about $645,000.

ETF Daily News
Mar 30th, 2025
American Century Companies Inc. Acquires 175,059 Shares of Marten Transport, Ltd. (NASDAQ:MRTN)

Finally, Verition Fund Management LLC purchased a new stake in Marten Transport in the third quarter worth $216,000.

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