Position: Trading Assistant
Team: Credit
Location: Norwalk, CT & New York, NY
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 Summary:
The Credit Trading Assistant is a high-impact seat designed for a recent graduate who wants to become a credit trader. Domain knowledge will be taught on the desk. The role starts operationally — booking trades, reconciling positions, maintaining desk infrastructure — but rapidly expands into execution and idea generation as the candidate proves their reliability and market judgment
Key Responsibilities:
- Reconciling morning, midday and EOD P&L and positions.
- Booking all trades ensuring accurate capture in OMS.
- Identify friction points in existing processes and propose automation or workflow improvements.
- Various one-off projects for the team.
Qualifications:
- Extremely diligent self-starter, proactive and wants to learn.
- Composure under pressure, clear and direct communication, competitive instinct.
- Strong foundation in math, statistics, or financial theory.
- Bachelor’s or Master’s degree in finance, economics, mathematics, engineering, computer science, or a similarly rigorous quantitative discipline.
- Work in Norwalk 4-5x per week.
Skills Required
- Bachelor's or Master's degree in finance, economics, mathematics, engineering, computer science, or a similarly rigorous quantitative discipline
- Proficiency in at least one programming language (Python preferred)
- Strong foundation in math, statistics, or financial theory
- Diligent self-starter, proactive and wants to learn
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]
