Full-Time
Commodities Python Engineer
Posted on 10/31/2025
Verition Fund Management
51-200 employees
Global multi-strategy hedge fund managing capital
No salary listed
London, UK
In Person
 Software Engineering (1) |
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- 6+ years of experience in full stack software development
- Proficiency in server side Python programming
- Proficiency in data analysis using Pandas, Numpy, SciPy etc.
- Experience with object oriented design, distributed systems architecture, performance tuning
- Experience with designing and programming relational databases such as MySQL, RedShift, Oracle SQL Server, or Postgres
- Experience with AWS based system architecture covering S3, EKS, EC2, Batch, or Airflow etc.
- Experience with caching and messaging technologies such as Redis, Hazelcast, MQ, or Kafka etc.
- Experience with programming within a CICD pipeline such as Git, Jenkins etc.
- Strong problem-solving and troubleshooting 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 management and portfolio management teams to understand their business requirements and translate them into technology solution
- Collaborate with the technology teams to identify and leverage strategic data, frameworks and solutions
- Design, develop, test and support commodity trading tools and systems encompassing pricing and risk analytics, data flow, data storage and distribution, visualization etc.
- Collaborate closely with developers, DevOps, technology leaders, risk managers and portfolio managers to ensure alignment between technology initiatives and business objectives
- Experience with other object oriented programming languages such as Java, C#, or C++
- Experience with quantitative development in the financial industry and familiarity with pricing model, risk model, analytics, Greeks, value at risk etc.
- Familiarity with commodities trading business
- Experience with security data, reference data, price data, risk measure data etc.
- Experience with user interface development and charting
Verition Fund Management operates a multi-strategy hedge fund that manages investments for institutional clients like pension funds and endowments. The firm works by dynamically allocating capital across diverse areas such as credit, fixed income, and quantitative strategies to capture changing market opportunities. It distinguishes itself through a collaborative, multi-manager structure and a multi-tiered risk management approach that uses both internal and external analysis. The company's goal is to generate absolute returns for its clients by maintaining disciplined investment practices across global financial markets.
Company Size
51-200
Company Stage
N/A
Total Funding
$1.4B
Headquarters
Greenwich, Connecticut
Founded
2008
Simplify's Take
What believers are saying
- Hired Rani Nazim, ex-Morgan Stanley co-head, boosting London credit expertise.[Recent News]
- AMG acquires minority stake, allowing Maounis and Goldstein significant reinvestment.[Recent News]
- AUM reached $25.5 billion with 12.9% average annual returns since 2008.[3][2]
What critics are saying
- Maounis's Amaranth 2006 bankruptcy history triggers outflows in stress within 12-24 months.[2]
- Trader cuts in 2026 expose talent retention failures against Citadel in 6-12 months.[Recent News]
- NVIDIA and Tesla concentration risks 20-30% drawdowns from AI correction in 3-6 months.[3]
What makes Verition Fund Management unique
- Verition pursues esoteric bets like financial transmission rights within multi-strategy approaches.[2]
- Higher portfolio manager-to-capital ratio enables numerous smaller, diversified bets.[2]
- Multi-tiered risk management combines internal and external analyses for discipline.[1]
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Benefits
Remote Work Options
Company News
Several major hedge funds are reducing their investment staff in Miami despite the city's reputation as a growing finance hub. Eight multistrategy firms — including Citadel, Millennium, Point72 and Balyasny — employed 218 investment professionals in Miami in 2025, down 20 from the previous year, even as their overall investing head count grew by over 11%. Citadel, which moved its headquarters to Miami in 2022, cut 15 investment professionals there whilst adding 77 globally. Millennium reduced its Miami presence from 53 investors to 48 and consolidated from two offices to one. Only ExodusPoint and Walleye increased their Miami investment staff. Growth is instead concentrated in New York, London, Hong Kong and Dubai, according to regulatory filings.
Global hedge funds remain committed to investing in the UAE despite tensions. March 25, 2026 10:29 PM 2-minute read Major global hedge funds have reaffirmed their commitment to investing in the United Arab Emirates, renewing their confidence in Dubai and Abu Dhabi as global financial centers, despite the current geopolitical challenges facing the region. Statements from these institutions show their determination to continue expanding in the Emirati market, with Millennium Management confirming its commitment to Dubai while exploring options to relocate some employees, while maintaining its operational presence there. Jean-Luc Roch, the company's CEO in the UAE, said that Dubai still has strong long-term potential as a regional hub, emphasizing the company's support for employees who have chosen to build their careers in the emirate. In the same context, Sander Gerber, CEO of Hudson Bay Capital Management, stated that the UAE will remain a key destination for long-term investments and global talent, noting that his company recently opened an office in Abu Dhabi alongside its operations in Dubai. Verition Fund Management also announced plans to extend its office lease in Dubai for five years, with intentions to strengthen its presence in the Middle East region, expressing conviction in the strength of institutional stability in the area and its transformation into a growing global financial center. These statements come at a time when the UAE has reinforced its status as a primary destination for asset management companies, with institutions like Exodus Point Capital and Ballyasheni Asset Management establishing operations in the country. Over the past years, Dubai and Abu Dhabi have intensified efforts to attract global financial institutions, benefiting from competitive advantages including an attractive tax environment, high security levels, and a strategic time zone location. Abu Dhabi stands out due to its sovereign wealth, with the Abu Dhabi Investment Authority, which manages assets estimated at about $1.1 trillion, continuing to expand its investments through global hedge funds. In contrast, Dubai is distinguished by private wealth strength, as its financial center hosts family offices managing assets exceeding a trillion dollars. (Bloomberg)
Participation from top-tier healthcare investors recognizes momentum across breadth of its CNS therapeutics portfolio CAMBRIDGE, Mass.--Praxis Precision Medicines, Inc., a clinical-stage company translating genetic insights into the development of therapies for people with central nervous system
Morgan Stanley's former co-head of European credit trading resurfaces at a hedge fund. In the past few years, there have been a series of departures from Morgan Stanley's credit trading team, but not all have rushed into new roles. After almost two years out of the market, the bank's former co-head of European credit trading is back... at a hedge fund. Rani Nazim joined Verition Fund Management this month as a credit portfolio manager, based in its London office. She previously spent 19 years working at Morgan Stanley, joining as a graduate and making MD at the age of 33. Her promotion seemed particularly impressive at the time, as the bank was in the midst of cutting 25% of its fixed income trading team. Nazim, born in Pakistan, has worked across multiple of Morgan Stanley's global offices. She started as an analyst in Hong Kong before moving to New York as a VP. She moved to London alongside her MD promotion. Nazim left the bank at the end of 2023. Since then, she has worked as a self-employed angel investor, which she was also doing for years at Morgan Stanley before she left. Leaving banking for a hedge fund, especially after a few years out, can be a difficult transition, but Verition is thought to be a friendlier hedge fund to work for than most. It also cut a few traders earlier this year, though, so its kindness has limits. Have a confidential story, tip, or comment you'd like to share? Contact: WhatsApp: http://wa.me/442079977910 (+44 20 7997 7910), Telegram: @AlexMcMurray, Signal: @AlexMcMurrayEFC.88 Click here to fill in our anonymous form, or email [email protected]. Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate. The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits. Boost your career. Find thousands of job opportunities by signing up to eFinancialCareers today.
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.