Full-Time
Quantitative Researcher
Relative Value or CTA
Confirmed live in the last 24 hours
Verition Fund Management
501-1,000 employees
Multi-strategy hedge fund for investments
Senior
London, UK + 1 more
More locations: England, UK
- 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. 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 Stage
N/A
Total Funding
$1.3B
Headquarters
Greenwich, Connecticut
Founded
2008
Simplify's Take
What believers are saying
- Exposure to a wide range of industries and companies can provide employees with diverse investment experience and knowledge.
- The firm's active investment strategy and frequent acquisitions suggest a dynamic work environment with opportunities for rapid career growth.
What critics are saying
- The broad investment strategy may expose the firm to higher market volatility and sector-specific downturns.
- Frequent acquisitions and stakes in various companies could lead to overextension and potential challenges in portfolio management.
What makes Verition Fund Management unique
- Verition Fund Management's strategy of diversifying investments across various sectors and companies, including technology, mining, and consumer goods, sets it apart from more specialized funds.
- Their ability to identify and invest in companies at different stages of growth, from newly public companies to established firms, showcases a versatile investment approach.
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