Quantitative Developer

About Verition Fund Management LLC

Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008 with $8.7 billion in assets under management (AUM). This role is specifically within the Quant Strategies Group.

Position Overview

As a quant developer on one of our world-class quant trading teams, you will have the opportunity to engage with all aspects of the business, including data ingestion, high-performance processing, feature engineering and modeling, portfolio and risk management, live execution, and post-trade analysis.

Responsibilities

• Design and develop various Python tools essential for analysis, research, trading, and risk management
• Ensure the integrity of the data management pipeline and underlying data; actively identify, diagnose, and resolve data issues
• Provide ongoing maintenance, support, and enhancements for existing systems and platforms
• Communicate regularly with team managers
• Collaborate cross-functionally with internal technology and data teams, researchers, traders, and external vendors
• Safeguard team information and adhere to business sensitivity protocols
• Stay informed of market trends and academic research to continuously adapt and refine trading strategies
• Implement machine learning and other advanced techniques to improve predictive accuracy

Qualifications

• 1 to 3 years of experience in Python programming, ideally with libraries relevant to data analysis and machine learning
• Strong background in data structures, algorithms, and object-oriented programming
• Degree in Computer Science or another STEM field preferred
• Experience with AWS or other cloud technologies is a plus
• Exceptional analytical skills and a strong problem-solving mindset
• Excellent communication skills for effective collaboration with traders and team members
• Knowledge of additional object-oriented programming languages such as C++ or Java is a plus
• Familiarity with machine learning and AI applications in trading is also a plus

Salary Range

$100,000 — $200,000 USD