Verition Fund Management

P&L Analyst

New York, New York, United States

$60,000 – $90,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
InternshipJob Type
UnknownVisa
Financial Services, Investment ManagementIndustries

Requirements

Candidates should possess between 3-8 years of industry experience, with specific expertise in pricing of OTC derivatives (Equity/FX/Rates) and fixed income products including convertible bonds and structured products (MBS/ABS/CLO). Strong analytical skills and the ability to work collaboratively with various teams are essential, along with a solid understanding of financial markets and valuation techniques.

Responsibilities

The P&L Analyst will be responsible for pricing all securities (listed and OTC) using vendor and internal price sources, reviewing pricing validations to ensure accurate pricing, completing market value and P&L reconciliations, monitoring real-time P&L within systems, coordinating daily pricing and P&L production, and assisting with month-end price testing of all products, including Structured Products and OTC derivative instruments.

Skills

OTC Derivatives
Equity
FX
Rates
Fixed Income
Convertible Bonds
Structured Products
MBS
ABS
CLO
Pricing
Market Value
P&L Reconciliation
Financial Markets
Valuation Techniques
Analytical Skills

Verition Fund Management

Multi-strategy hedge fund for investments

About Verition Fund Management

Verition Fund Management is a hedge fund that employs multiple investment strategies to manage assets for institutional investors, such as 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. Their approach involves dynamic capital allocation, allowing them to adapt to changing market conditions and aim for absolute returns. Verition differentiates itself from competitors through its collaborative work environment and a strong emphasis on risk management, utilizing both internal and external analyses to maintain disciplined investment practices. The company's goal is to generate positive returns for its clients while fostering a culture of creativity and cooperation among its team.

Key Metrics

Greenwich, ConnecticutHeadquarters
2008Year Founded
$1,397.3MTotal Funding
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
51-200Employees

Benefits

Remote Work Options

Risks

Emerging hedge funds using AI may outperform Verition's traditional strategies.
Regulatory scrutiny could impact Verition's fee structures and transparency requirements.
Geopolitical tensions may disrupt Verition's fixed income and equity investment strategies.

Differentiation

Verition employs a multi-strategy approach, offering diverse global investment strategies.
The firm has a collaborative environment fostering creative investment ideas.
Verition's sophisticated risk management ensures disciplined investment practices.

Upsides

Verition benefits from increased interest in ESG investing for sustainable investment strategies.
AI-driven trading platforms enhance Verition's quantitative strategies and risk management.
Alternative data sources provide Verition unique insights for competitive market predictions.

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