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.
- Proficiency in at least one programming language (Python preferred) with demonstrated ability to build functional tools: scripts, dashboards, data pipelines, or simple web apps.
- Work in Norwalk 4-5x per week.
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