Full-Time
Verition Fund Management
51-200 employees
Multi-strategy hedge fund for institutional investors
No salary listed
Senior
London, UK + 1 more
More locations: England, UK
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 like 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 thinking. Additionally, the firm utilizes a comprehensive risk management system that combines both internal and external analyses to maintain disciplined investment practices.
Company Size
51-200
Company Stage
N/A
Total Funding
$1.4B
Headquarters
Greenwich, Connecticut
Founded
2008
Simplify's Take
What believers are saying
- AI-driven trading strategies enhance Verition's quantitative strategies and decision-making.
- Alternative data sources offer new insights for Verition's multi-strategy approach.
- Digital assets and cryptocurrencies provide diversification opportunities for Verition's investment strategies.
What critics are saying
- Emerging hedge funds using AI may outperform Verition's traditional strategies.
- Regulatory scrutiny could increase operational costs for Verition.
- Volatility in cryptocurrency markets presents risks without a clear strategy from Verition.
What makes Verition Fund Management unique
- Verition employs a multi-strategy, multi-manager investment platform for diverse global investments.
- The firm focuses on dynamic capital allocation to exploit fluid market conditions.
- Verition fosters a collaborative environment that encourages creative investment ideas.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Remote Work Options
Company News
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.
Verition Fund Management LLC purchased a new stake in Terreno Realty in the 3rd quarter valued at $225,000.