Full-Time
Risk Technology Engineer
Confirmed live in the last 24 hours
Verition Fund Management
51-200 employees
Multi-strategy hedge fund for investments
Junior, Mid
London, UK
- Minimum of 2+ years of experience in software development or technology-focused roles.
- Proficiency in Python and at least one other language such as Java, C#, or Scala.
- Experience with relational databases such as MySQL, RedShift, Oracle, or SQL Server, with strong skills in database design for both batch processing and reporting.
- Hands-on experience in building and maintaining ETL processes to support data flows.
- Experience working with third-party systems such as Barra, RiskMetrics, Front Arena, Bloomberg AIM, or similar platforms.
- Familiarity with risk management concepts and practices in the financial industry.
- Strong problem-solving skills and ability to work in a collaborative, fast-paced environment.
- Excellent communication skills with the ability to work closely with cross-functional teams.
- Collaborate with the risk and technology teams to design, develop, and maintain the firm's risk management technology infrastructure.
- Contribute to the design and implementation of databases for batch processing and reporting, ensuring data integrity and efficiency.
- Build and manage ETL (Extract, Transform, Load) processes to facilitate the seamless integration of data from various sources into the risk management system.
- Work with third-party systems such as Barra, RiskMetrics, Orcherstrade, Bloomberg AIM, and other industry platforms to ensure effective integration with the firm's risk management framework.
- Collaborate closely with senior developers, technology leaders, and the risk management team to ensure alignment between risk technology initiatives and business objectives.
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's approach involves dynamic capital allocation, allowing them to adapt to changing market conditions and aim for absolute returns. They generate revenue through management and performance fees based on the success of their investments. What sets Verition apart from competitors is its emphasis on a collaborative work environment and a strong culture of cooperation, which encourages creative investment ideas. Additionally, the firm utilizes a comprehensive risk management system that combines both internal and external analyses to maintain disciplined investment practices.
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 could attract more institutional investors to Verition.
- AI and machine learning enhance Verition's quantitative strategies for better investment decisions.
- Market volatility creates opportunities for Verition's dynamic capital allocation approach.
What critics are saying
- Emerging hedge funds with innovative strategies may erode Verition's market share.
- AI-driven platforms challenge traditional multi-manager models like Verition's.
- Regulatory scrutiny on transparency and fees could impact Verition's operations.
What makes Verition Fund Management unique
- Verition employs a multi-strategy, multi-manager approach for diverse global investment strategies.
- The firm focuses on dynamic capital allocation to exploit fluid market conditions.
- Verition's collaborative environment fosters creative ideas and disciplined investment practices.
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