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 Credit, Fixed Income & Macro, Convertible & Volatility Arbitrage, Event-Driven, Equity Long/Short & Capital Markets, and Quantitative Strategies.
Responsibilities:
- Manage and process daily margin calls for all accounts in TriOptima.
- Monitor and resolve exposure discrepancies and disputes with counterparties.
- Oversee reconciliation processes, ensuring accuracy of portfolio data and valuations.
- Escalate significant discrepancies to appropriate internal stakeholders.
- Maintain strong working relationships with counterparties, operations and margin team.
- Establish and enforce operational controls related to margin call processes.
- Conduct regular reviews of portfolio differences and take ownership of resolving exceptions.
Requirements:
- Solid background in Collateral Management Operations: Bilateral OTC Derivatives, Cleared Swaps, ABS/MBS, FX Products, ETDs, TBAs and Repos.
- Strong understanding of CSA agreements, ISDA conventions, and regulatory requirements.
- Hands-on experience with TriResolve, Acadiasoft, or comparable platforms.
- Strong analytical mindset with a track record of solving operational and reconciliation challenges.
- Ability to work under pressure in a fast-paced environment.
- Strong interest in AI and a desire to incorporate it into everyday work. Continuously explores new tools, thinks creatively about automation opportunities, and, with appropriate guidance, leverages AI for coding, database development, analytics, and process improvement.
Skills Required
- Experience in Collateral Management Operations covering Bilateral OTC Derivatives, Cleared Swaps, ABS/MBS, FX Products, ETDs, TBAs, and Repos.
- Strong understanding of CSA agreements, ISDA conventions, and relevant regulatory requirements.
- Hands-on experience with TriResolve, Acadiasoft, TriOptima, or comparable collateral/margin platforms.
- Strong analytical skills with proven experience resolving operational and reconciliation challenges.
- Ability to work under pressure in a fast-paced trading/operations environment.
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]
.png){kind=logo}
