Tech- Macro Quantitative Strategist at Verition Fund Management

New York, New York, United States

Verition Fund Management Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Finance, Asset Management, Hedge FundIndustries

Requirements

  • Bachelor’s Degree in a STEM field. Advanced degree preferred
  • 5+ years of relevant work experience in a front office quantitative role
  • Exposure to G7 fixed income markets
  • Strong proficiency in Python and standard libraries (Pandas, NumPy, Scikit-learn, etc.)
  • Experience designing and testing predictive models with large financial datasets
  • Familiarity with model governance practices
  • Excellent communication skills targeting technical and non-technical audiences

Responsibilities

  • Solidify and enhance price pressure toolset
  • Replace legacy Matlab and C# infrastructure with modern, Python-based architecture
  • Extend algorithm to allow for the incorporation of additional variables such as z-score, positioning, etc
  • Assist with desk strategy and workflows
  • Analyze large datasets (market, economic, alternative) to extract actionable insights that inform trading strategies
  • Contribute to desk P&L and risk reporting infrastructure and reporting
  • Work with PM teams on quantitative macro research projects
  • Build out signal research and order-generation infrastructure
  • Partner with broader quant team to build out signal back-testing and data analysis infrastructure
  • Build visualization tools for signal, research, and back-testing
  • Automate research and order generation workflows

Skills

Key technologies and capabilities for this role

Quantitative FinanceQuantitative ResearchFinancial ModelingData AnalyticsStatistical AnalysisProgrammingPythonResearchAnalyticsFixed IncomeEquitiesForeign Exchange

Questions & Answers

Common questions about this position

What is the salary or compensation for the Tech- Macro Quantitative Strategist role?

This information is not specified in the job description.

Is this position remote or does it require working from an office?

This information is not specified in the job description.

What technical skills are required for this role?

The role requires experience with Matlab and C#, proficiency in modern Python-based architecture, and skills in analyzing large datasets including market, economic, and alternative data.

What is the company culture like at SFM?

SFM fosters an ownership mindset, encouraging professionals to challenge the status quo, innovate, take initiative, and engage in continuous growth and constructive debate, while operating as a unified team across geographies.

What makes a strong candidate for this Quantitative Research Analyst position?

Strong candidates demonstrate creativity in scoping research problems, discipline in testing hypotheses, and the ability to communicate findings clearly to investment decision-makers, along with expertise in quantitative macro research and Python development.

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.

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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