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.
About the Program
Our 10-week Summer Internship Program pairs you with a technology team where you'll take on real, high-impact work, while getting a structured, firm-wide view of how a global multi-strategy hedge fund operates. You'll work alongside portfolio managers, analysts, and experienced professionals, partner with your fellow interns on cross-functional projects, and present your work directly to senior leaders by the end of the summer.
What You'll Do
- Paired to a technology team in which you’ll be exposed to all aspects of the business; data ingestion, high-performance processing, modelling, portfolio and risk management, live execution and post-trade analysis.
- Contribute to strategic projects that extend beyond your day-to-day team responsibilities.
- Compete in a trading simulation with the full intern class to build foundational markets knowledge.
- Present your work and ideas at various points throughout the program.
What You'll Experience
- Access to a dedicated mentor group to form connections internally and support your growth throughout the summer.
- A speaker series featuring firm leaders across investment and platform teams.
- A series of professional development, social events and volunteer opportunities with your intern class.
Qualifications
- Pursuing a Bachelor's degree, Master's degree, or PhD in computer science, applied mathematics, statistics, business, or another STEM related field.
- Proficiency in Python, or knowledge of other languages like C++ or Java.
- Proficiency with machine learning and AI applications.
- Excellent written and verbal communication skills.
- High level of intellectual curiosity, self-motivation, strong work ethic, and a keen attention to detail.
- Ability to be collaborative and work effectively in a team-oriented, fast-paced, and dynamic environment.
- Strong analytical, problem-solving and critical thinking abilities.
- Demonstrated interest in hedge funds/financial services.
Compensation
The estimated base salary range for this position is $150,000 – $200,000, which will be prorated based on internship start and end date.
Skills Required
- Currently pursuing a Bachelor's degree, Master's degree, or PhD in computer science, applied mathematics, statistics, business, or another STEM-related field
- Proficiency in Python or knowledge of C++ or Java
- Proficiency with machine learning and artificial intelligence applications
- Excellent written and verbal communication skills
- Intellectual curiosity, self-motivation, strong work ethic, and attention to detail
- Ability to collaborate effectively in a team-oriented, fast-paced, dynamic environment
- Strong analytical, problem-solving, and critical-thinking abilities
- Demonstrated interest in hedge funds or financial services
What We Do
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. Talent is the lifeline of Verition's success. Our culture encourages individuals to communicate openly across all strategies and businesses, and we believe there is alpha in integration. We strive to empower our Investment Professionals to act like business owners by making decisions based on a combination of rigorous analysis and an open, creative mindset. We have locations in Greenwich, CT, Norwalk, CT, New York, NY, London, UK, Singapore, Republic of Singapore, DIFC, Dubai (United Arab Emirates) and an affiliate office in Hong Kong (SAR), China. Verition has an institutional quality infrastructure with a team of over 500 investment/risk and non-investment professionals. Verition is always seeking ambitious and entrepreneurial individuals that can be impactful and help to drive differentiated returns. To learn more, please contact us for information at: [email protected]
