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 looking for a Quant Researcher to join our team. Ideally this candidate will have experience modelling options in stocks, ETFs, or credit products, and screening the universe for actionable strategies and ideas. Extra experience in option portfolio risk management and optimization of hedging practice is a plus.
Responsibilities:
- Maintain and clean historical options data in relevant volatility products, conduct quantitative research , and develop and refine models to identify, test and optimize trading strategies.
- Collaborate closely with PM and analysts to manage the option book effectively with real time data feeds.
- Stay updated on industry trends and integrate relevant techniques, including ML capabilities to enhance volatility prediction strength
Qualifications:
- 3-5 years of quantitative research experience with equity or credit volatility products, ideally on a sell-side market-making trading desk
- Advanced experience with Python and knowledge of SQL is a must
- Strong analytical and quantitative skills. AI/ML expertise is preferred but not required
- Highly motivated, proactive, and eager to learn with a strong team-oriented mindset
- Master’s degree in Mathematics, Engineering, or a related Science discipline
Salary Range: $120,000 USD - $175,000 USD
