Equity Quantitative Researcher/Developer

Company Overview

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.

Position Summary

A portfolio manager is seeking a Quantitative Researcher/Developer to support both research and development efforts for equity systematic strategies.

Responsibilities

• Conduct short-term alpha signal research using tick-level data
• Build and maintain research frameworks and data pipelines
• Assist the portfolio manager in covering trading activities

Qualifications

• At least 1 year of experience in a related position, ideally at a hedge fund or proprietary trading firm
• Bachelor’s degree or higher in a STEM field with strong knowledge of quantitative methods
• Strong programming skills, proficient in Python for development and data analysis; experience with C++ and/or KDB/q is highly preferred
• Experience with short-term US equity strategies is highly valued
• Prior experience with tick-level data and knowledge of market microstructure preferred
• Experience in machine learning preferred
• Experience with distributed computing and cloud services is a plus

Salary Range

$150,000 — $200,000 USD