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.
Role Overview
Verition is seeking a motivated Operations Associate to join its FX Operations team. The Associate will be responsible for daily cash and position reconciliation across a high volume of transactions, multiple accounts, counterparties, and asset classes, leveraging a suite of internal and third-party systems. You will work closely with Trading, Technology, and other Operations teams to ensure accuracy and timely resolution of breaks.
Key Responsibilities
- Perform daily cash and position reconciliations across internal systems, external platforms, and Prime Brokers.
- Escalate and drive timely resolution of outstanding breaks.
- Identify process gaps and partner with internal and external stakeholders to develop and implement solutions.
- Support trade capture for FX strategies. Track and manage trade lifecycle events including expiries, cashflows, and marking positions
Experience & requirements
- 2-5 years of experience in investment management or fund operations.
- Working knowledge of productions FX spot, forwards, NDF, swaps, and exotic FX options.
- Strong understanding of trade lifecycle.
- Familiarity with OMS platforms and prime broker portals Bloomberg AIM, Orchestrade, or Geneva experience preferred.
- Comfortable operating in a fast-paced, high intensity environment.
Skills Required
- 2-5 years of experience in investment management or fund operations
- Working knowledge of FX spot, forwards, NDF, swaps, and exotic FX options
- Strong understanding of trade lifecycle
- Familiarity with OMS platforms and prime broker portals (Bloomberg AIM, Orchestrade, Geneva)
- Comfortable operating in a fast-paced, high intensity 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]
