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.
Job Responsibilities
- Monitor broker reports and industry sources daily to identify and record new cargo fixtures across refined oil product markets
- Maintain and update a structured database of fixed vessels, tracking vessel status, cargo details, origin, destination, and expected arrival dates
- Track cargos on the water across import and export corridors, ensuring the database reflects current market positioning at all times
- Prepare and distribute daily reports summarizing cargo flows, highlighting incremental changes to expected import and export volumes
- Flag material shifts in supply flows, vessel scheduling changes, or anomalies in expected cargo arrivals to traders and analysts promptly
- Communicate clearly and efficiently with traders on the trade floor, synthesizing complex logistical information into concise, actionable updates
- Support the trading desk with ad hoc data requests and analysis during active market hours
Job Requirements
Years of Experience Required: 0 to 3
Required Skills & Qualifications:
- Bachelor's degree in finance, economics, engineering, or a related field
- Strong analytical skills with exceptional attention to detail
- Ability to manage multiple data streams simultaneously and prioritize effectively under pressure
- Comfort operating in a fast-paced, open trading floor environment where priorities can shift quickly
- Proficiency in Excel; experience with databases or data tools a plus
- Strong written and verbal communication skills; ability to deliver clear, concise updates to senior traders in real time
Preferred / Nice-to-Have Skills:
- Prior exposure to commodities, shipping, or energy markets is a plus but not required
- Familiarity with vessel tracking platforms such as Vortexa, Kpler, or Bloomberg shipping tools
- Experience working with broker reports, fixture sheets, or freight market data
- Understanding of AI-based tools to help optimize and synthesize data management
Skills Required
- Bachelor's degree in finance, economics, engineering, or a related field
- 0 to 3 years of relevant experience
- Strong analytical skills with exceptional attention to detail
- Ability to manage multiple data streams and prioritize under pressure
- Comfort operating on a fast-paced, open trading floor
- Proficiency in Excel
- Strong written and verbal communication skills for real-time updates
- Experience with databases or data tools
- Prior exposure to commodities, shipping, or energy markets
- Familiarity with vessel tracking platforms such as Vortexa, Kpler, or Bloomberg shipping tools
- Experience working with broker reports, fixture sheets, or freight market data
- Understanding of AI-based tools to optimize and synthesize data
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]
