The Voleon Group

Data Scientist (Remote)

United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Asset Management, Artificial Intelligence, AI & Machine LearningIndustries

Position Overview

  • Location Type: [Not Specified]
  • Job Type: Full-time
  • Salary: $150,000 - $190,000

Voleon is a technology company that applies state-of-the-art AI and machine learning techniques to real-world problems in finance. For over a decade, Voleon has led its industry and worked at the frontier of applying AI/ML to investment management, becoming a multibillion-dollar asset manager with ambitious future goals. Colleagues include internationally recognized experts in AI and machine learning research, as well as experienced finance and technology professionals. Voleon offers a highly competitive compensation and benefits package, technology talks by experts, a beautiful modern office, daily catered lunches, and more.

The Voleon Group is forming a new team to advance data-driven investment initiatives. As a Data Scientist, you will be responsible for harvesting insights from a complex array of data. Your role will involve data curation, analysis, interpretation, visualization, and communication of findings to research staff and executive leadership. Data insights are essential to Voleon's business as a machine learning company.

Responsibilities

  • Design and implement systems to ensure data correctness and monitor data health in data stores and live feeds.
  • Proactively identify abnormal production behavior and communicate them clearly to relevant stakeholders.
  • Perform extemporaneous analyses on research and production trading systems with leadership.
  • Harness financial expertise and statistical analysis to gain actionable insights into production trading and research systems.
  • Design and implement analysis pipelines that automate analyses found to be valuable for ongoing monitoring.

Requirements

  • 1+ years of applied end-to-end industry experience, including internships working with complex datasets, including curation, querying, aggregation, exploratory data analysis, and visualization.
  • Experience using statistical methods to analyze data, identify patterns, conduct root cause analysis, discover insights, and recommend solutions.
  • Ability to frame and answer questions mathematically.
  • Ability to infer useful forward-looking directions from results of retrospective analysis.
  • Fluency in managing, processing, and visualizing tabular data using a combination of SQL, Pandas, and R.
  • Basic software development skills and experience with bash, linux/unix, and git.
  • Ability to refine requirements from ambiguous requests to produce reports demonstrating excellence in communication.
  • Bachelor’s degree in a quantitative discipline (statistics, biostatistics, data science, computer science, or a related field).

Preferred Qualifications

  • Master’s degree in a quantitative discipline.
  • Prior industry experience or displayed interest in finance, such as related academic projects, coursework in financial engineering, or industry internships.
  • Experience developing in a production-facing environment and familiarity with standard concepts and tooling, e.g., CI/CD, git, Airflow.

Compensation and Benefits

  • Base Salary: $150,000 - $190,000 (based on factors including education, experience, knowledge, skills, and geography).
  • Benefits Package: Medical, dental, and vision coverage, life and AD&D insurance, 20 days of paid time off, 9 sick days, and a 401(k) plan with a company match.
  • Additional Perks: Technology talks by experts, beautiful modern office, daily catered lunches.

Referral Program

  • “Friends of Voleon” Candidate Referral Program: Potential to earn $7,500 if a referred candidate is successfully hired and employed by The Voleon.

Skills

Data analysis
Data curation
Data visualization
Statistical analysis
Machine learning
Financial expertise
Data pipeline automation

The Voleon Group

Investment management using machine learning algorithms

About The Voleon Group

Voleon focuses on investment management by utilizing machine learning to analyze financial market trends. The firm uses advanced statistical models to process large datasets and identify patterns that inform investment decisions, setting it apart from traditional methods that rely on human intuition. Voleon serves institutional clients and operates on a performance-based fee structure, aligning its interests with those of its clients. The company's goal is to provide data-driven insights that optimize investment returns while adapting to changing market conditions.

Berkeley, CaliforniaHeadquarters
2007Year Founded
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Paid Vacation
Paid Sick Leave
401(k) Retirement Plan
401(k) Company Match

Risks

Competition from other quantitative hedge funds may erode Voleon's market share.
Regulatory scrutiny on AI use in finance could increase compliance costs for Voleon.
Data quality issues could lead to inaccurate predictions and financial losses for Voleon.

Differentiation

Voleon uses machine learning for data-driven financial market predictions.
The firm serves institutional clients with a focus on scalability and risk management.
Voleon's academic approach emphasizes intellectual rigor and continuous learning.

Upsides

Increased interest in ESG investing offers new opportunities for Voleon's models.
Alternative data sources enhance predictive models for quantitative hedge funds like Voleon.
Cloud computing enables efficient scaling of Voleon's data processing capabilities.

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