Full-Time
Verition Fund Management
51-200 employees
Multi-strategy hedge fund for investments
No salary listed
Senior
London, UK + 1 more
More locations: England, UK
Get referrals →
You have ways to get a Verition Fund Management referral from your network.
Applications through a referral are 3x more likely to get an interview!
Upload your resume to see how it matches 10 keywords from the job description.
PDF, DOC, DOCX, up to 4 MB
- 5+ years of experience in quantitative research or trading within commodities, cash equities/equity indexes, or FX and rates.
- Master’s or PhD in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, or Financial Engineering.
- Strong proficiency in Python, including experience with relevant libraries for data analysis and machine learning.
- Deep understanding of quantitative finance, statistical methods, and numerical techniques.
- Proven track record in developing and implementing mid to low frequency trading strategies, with a focus on relative value or CTA type strategies.
- Exceptional analytical and problem-solving abilities, with the capacity to handle complex data and model development.
- Excellent verbal and written communication skills, with the ability to convey complex concepts to both technical and non-technical stakeholders.
- Ability to work effectively in a team environment and collaborate with various stakeholders.
- Develop, implement, and refine quantitative trading strategies with holding periods ranging from intraday to a few days/weeks. Focus on relative value or CTA type strategies across specified asset classes.
- Perform thorough analysis of market data to identify trading opportunities. Utilize statistical and machine learning techniques to extract actionable insights.
- Implement and back-test quantitative models to validate their effectiveness. Continuously improve models based on performance metrics and market conditions.
- Conduct research to stay up-to-date with the latest developments in quantitative finance, market trends, and emerging technologies. Apply this knowledge to enhance trading strategies.
- Work closely with members of the team and risk management to ensure alignment of strategies with overall business objectives.
- Use Python for the development, implementation, and automation of trading models and strategies. Ensure code is efficient, scalable, and maintainable.
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
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.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Remote Work Options
Company News
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.
Verition Fund Management LLC purchased a new stake in MAG Silver in the third quarter valued at $168,000.
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.