Quantitative Developer

Firm Overview

Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Convertible & Volatility Arbitrage, Event-Driven, Equity Long/Short & Capital Markets, and Quantitative Strategies.

Role Overview

As a quant developer of one of our world class quant trading teams, you’ll have the opportunity to get exposed to all aspects of the business; data ingestion, high-performance processing, features and modelling, portfolio and risk management, live execution and post-trade analysis.

Responsibilities

Design and develop various tools in Python that will be crucial for analysis, research, trading, and risk management purposes

Ensure integrity of data management pipeline and the underlying data itself, and actively identify, diagnose, and remedy data issues

Provide ongoing maintenance, support, and enhancements for existing systems and platforms

Communicate regularly with team managers

Collaborate cross-functionally with internal tech and data teams, researchers, traders, and outside vendors

Commitment to safeguarding team information and adhering to business sensitivity

Stay abreast of market trends and academic research to continually adapt and refine trading strategies

Implement machine learning and other advanced techniques to enhance predictive accuracy

Qualifications

At least 1-3 years experience in Python programming, ideally including libraries relevant to data analysis and machine learning

A strong background in data structures, algorithms, and object-oriented programming

Ideally a degree in Computer Science or some other STEM program

Experience with AWS or other cloud technology is a plus

Exceptional analytical abilities and a strong problem-solving mindset

Excellent communication skills to effectively collaborate with traders and other team members

Knowledge of additional OOP languages like C++ or Java is a plus

Familiarity with machine learning and AI applications in trading is also a plus

Excellent written and verbal communication skills.

High level of intellectual curiosity, strong work ethic, and a keen attention to detail.

Ability to work effectively in a team-oriented, fast-paced, and dynamic environment.

Salary Range $100,000 — $200,000 USD