Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatility & Capital Structure Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets Trading, and Global Quantitative Trading.
We are seeking a Quantitative Research Analyst to join one of our trading teams. This role focuses on researching systematic trading strategies, enhancing existing quantitative tools, executing trades and hedges for equity positions. Experience in the follow, and covering areas such as index rebalance, event-driven, and systematic/quantitative strategies.
Responsibilities:
Review academic papers and white papers to identify potential systematic trading strategies.
Collect raw data from external sources and prepare it for analysis.
Utilize Python to back test strategies and analyze the results.
Enhance factor risk models to improve the accuracy of risk assessment.
Develop tools for parsing external data files and automating routine tasks.
Execute trades and hedge equity positions based on established strategies.
Utilize equity algorithms for efficient trading; familiarity with equity options is advantageous.
Qualifications:
At least 3 years of experience in quantitative research, ideally with coverage of index rebalance, Systematic trading or Event Driven.
Strong programming skills in Python (and/or other data science languages) to conduct research
Familiarity with factor models such as MSCI Barra or similar.
BS/MS or higher in STEM field of study
Nice to Have:
Experience in executing trading and managing portfolios
Knowledge of equity algos and equity options
Salary Range
$120,000—$200,000 USD
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Research, Analyst, and Information Technology
Industries
Technology, Information and Internet
Referrals increase your chances of interviewing at Verition Fund Management LLC by 2x