Full-Time
Quant Researcher
Equity & Credit Options
Confirmed live in the last 24 hours
Verition Fund Management
51-200 employees
Multi-strategy hedge fund for institutional investors
Compensation Overview
$120k - $175kAnnually
Mid
New York, NY, USA
- 3-5 years of quantitative research experience with equity or credit volatility products, ideally on a sell-side market-making trading desk
- Advanced experience with Python and knowledge of SQL is a must
- Strong analytical and quantitative skills. AI/ML expertise is preferred but not required
- Highly motivated, proactive, and eager to learn with a strong team-oriented mindset
- Master’s degree in Mathematics, Engineering, or a related Science discipline
- Maintain and clean historical options data in relevant volatility products, conduct quantitative research , and develop and refine models to identify, test and optimize trading strategies.
- Collaborate closely with PM and analysts to manage the option book effectively with real time data feeds.
- Stay updated on industry trends and integrate relevant techniques, including ML capabilities to enhance volatility prediction strength
Verition Fund Management is a hedge fund that uses various investment strategies to manage assets for institutional investors and high-net-worth individuals. The firm focuses on dynamic capital allocation to adapt to market changes and aims for absolute returns through strategies like Credit, Fixed Income Macro, and Equity Long Short. Verition distinguishes itself with a collaborative culture that fosters creative ideas and employs a thorough risk management approach to ensure disciplined investment practices. They earn revenue through management and performance fees based on the returns generated for their clients.
Company Stage
N/A
Total Funding
$1.4B
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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