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.
Job Title: Hedge Fund Trade Operations Associate - Commodities & Futures
Location: Norwalk, CT
Hedge Fund Operations Associate
The Hedge Fund Operations Associate is responsible for providing middle office services within the firm in a fast-paced environment. This entails communicating with portfolio managers, and other interested parties, assisting with trade capture, and fulfilling other operational tasks.
Responsibilities:
- Work closely with Trading, Risk, and Valuations teams with managing trade lifecycle events for an array of asset classes with specific focus on power products like futures, options, commodity swaps and other derivatives
- Assist with manual trade bookings, reviewing reconciliations and resolving breaks
- Update static data, security masters, trades, and positions across multiple systems such as IVP Security Master, BBG AIM, Geneva, Orchestrade, and proprietary systems
- Liaise with internal trading ops team and PMs on trade issues from trading platforms
- Flag relevant issues and queries to technology team
- Identify process gaps, work with internal and external resources to create detailed requirements to solve issues
- Performing other duties as may be requested by senior management
Qualifications:
- Undergraduate degree; preferably with a concentration in finance, economics, or related discipline
- 5+ years of relevant work experience
- Knowledge of and familiarity with complex instruments (i.e.otc options, swaps, futures)
- Prior experience supporting power and natural gas trading is preferred, but not required
- Ability to communicate professionally and effectively with both internal and external stakeholders
- Self-starter with excellent analytical and problem solving skills
- Strong attention to detail
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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]
