Tech- Macro Quantitative Strategist at Verition Fund Management

New York, New York, United States

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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

Quantitative Finance

Quantitative Research

Financial Modeling

Data Analytics

Statistical Analysis

Programming

Python

Research

Analytics

Fixed Income

Equities

Foreign Exchange

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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