The Voleon Group

Member of Research Staff (remote)

United States

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
YesVisa
Finance, Asset Management, BiotechnologyIndustries

Position Overview

  • Location Type: Not specified
  • Employment Type: Full-time
  • Salary: Not specified

Description: Voleon is a technology company applying machine learning to finance. As a Member of Research Staff, you will work at the forefront of statistical machine learning, focusing on financial market prediction and portfolio optimization. You will contribute to a culture of curiosity, collegiality, and creativity, applying research to real-world problems and impacting billions of dollars in trades daily.

Company Information

Voleon is a multibillion-dollar asset manager founded in 2007 by two leading scientists. The company supports a culture of curiosity, collegiality, and creativity and is focused on applying machine learning to investment management.

Requirements

  • Background in modern statistical methods and machine learning
  • Track record as an applied researcher
  • Strong mathematical abilities (e.g., publication record, graduate coursework, or competition placement)
  • Interest in software development and willingness to write production-level code (Python)

Responsibilities

  • Develop a rich understanding of Voleon’s challenges and methodologies.
  • Propose research innovations and experiments to build, maintain, and optimize predictive models.
  • Prepare and analyze new datasets to assess their predictive efficacy.
  • Develop, validate, and implement new models into production.
  • Design and conduct experiments to improve simulations and evaluate the success of new models in a live environment.
  • Communicate and collaborate effectively with other Members of Research Staff and Software Engineers.
  • Keep up to date on the latest academic research to identify novel approaches.

Application Instructions

  • Relocation and work visa eligibility for qualified candidates are required.

Skills

machine learning
statistical methods
financial market prediction
portfolio optimization
Python
software development
research
data analysis
model development
model validation
model implementation

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.

Land your dream remote job 3x faster with AI