Responsible for developing custom equity factors, reviewing exposures, creating risk management tools, and providing equity advisory services, with 7+ years of experience.
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.
Our Risk team is expanding and seeking an experienced Equity Quant Portfolio Researcher. This role is pivotal in developing and implementing custom factors, reviewing factor exposures across various levels, and creating tools to aid Portfolio Managers (PMs) in managing factor risk. Additionally, the position may involve providing equity advisory from a risk perspective.
Key Responsibilities:
- Develop and implement custom factors for equity portfolios.
- Review and analyze factor exposures at the portfolio manager (PM), strategy, and firm levels.
- Create and maintain tools to support PMs in managing factor risk.
- Provide equity advisory services from a risk perspective.
- Integrate and customize the Barra model to enhance factor analysis and risk management.
- Collaborate closely with PMs to understand their needs and deliver actionable insights.
Qualifications:
- Minimum of 7 years of relevant experience in quantitative finance or risk management.
- Bachelors degree in a STEM field
- Demonstrated experience with the implementation and customization of the Barra model.
- Strong programming skills, including the ability to integrate and create custom factors and perform in-depth analysis using the Barra model.
- Proven track record of proactively taking on hands-on roles and responsibilities.
- Advanced analytical and problem-solving skills.
- Strong communication skills and ability to work collaboratively with portfolio managers and other stakeholders.
- Detail-oriented with a focus on accuracy and precision in factor analysis and risk management.
Salary Range
$150,000—$200,000 USD
Similar Jobs
2 Hours Ago
Beauty • Robotics • Design • Appliances • Manufacturing
The LATAM Marketing Co-op will support social media initiatives and community engagement for SharkNinja's Latin America markets, focusing on relationship building and content creation.
Top Skills:
Analytics ToolsSocial Media Management
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
Greet and register patients, verify insurance and eligibility, schedule appointments, collect and post payments, manage EHR tasks (scanning, messaging, reminders), obtain authorizations, support front-office workflows, and assist teammates to ensure efficient clinic operations and patient service.
Top Skills:
EhrEpicExcelMicrosoft OutlookMicrosoft Word
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
Greet and register patients, verify demographics and insurance, schedule appointments, collect payments, manage medical records and correspondence, answer phones, perform lobby cleaning, and support clinic operations.
Top Skills:
EpicMS Office
What you need to know about the NYC Tech Scene
As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.
Key Facts About NYC Tech
- Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
- Key Industries: Artificial intelligence, Fintech
- Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
- Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory
