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Verition Fund Management

Trading Assistant

Posted 4 Days Ago
Be an Early Applicant
In-Office
New York, NY, USA
100K-150K Annually
Entry level
In-Office
New York, NY, USA
100K-150K Annually
Entry level
The Trading Assistant will handle trade booking, reconcile positions, improve processes, and participate in team projects while learning about credit trading.
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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.
Salary Range
$100,000$150,000 USD

Top Skills

Python

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