Ten-week technology internship at a multi-strategy hedge fund. Interns join a technology team and contribute to data ingestion, high-performance processing, modeling, portfolio and risk management, live execution, and post-trade analysis. The program includes strategic projects, trading simulations, mentorship, professional development, and presentations to senior leaders. Candidates should have a STEM background, programming experience, machine learning and AI knowledge, strong analytical and communication skills, and interest in financial services.
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.
About the Program
Our 10-week Summer Internship Program pairs you with a technology team where you'll take on real, high-impact work, while getting a structured, firm-wide view of how a global multi-strategy hedge fund operates. You'll work alongside portfolio managers, analysts, and experienced professionals, partner with your fellow interns on cross-functional projects, and present your work directly to senior leaders by the end of the summer.
What You'll Do
- Paired to a technology team in which you’ll be exposed to all aspects of the business; data ingestion, high-performance processing, modelling, portfolio and risk management, live execution and post-trade analysis.
- Contribute to strategic projects that extend beyond your day-to-day team responsibilities.
- Compete in a trading simulation with the full intern class to build foundational markets knowledge.
- Present your work and ideas at various points throughout the program.
What You'll Experience
- Access to a dedicated mentor group to form connections internally and support your growth throughout the summer.
- A speaker series featuring firm leaders across investment and platform teams.
- A series of professional development, social events and volunteer opportunities with your intern class.
Qualifications
- Pursuing a Bachelor's degree, Master's degree, or PhD in computer science, applied mathematics, statistics, business, or another STEM related field.
- Proficiency in Python, or knowledge of other languages like C++ or Java.
- Proficiency with machine learning and AI applications.
- Excellent written and verbal communication skills.
- High level of intellectual curiosity, self-motivation, strong work ethic, and a keen attention to detail.
- Ability to be collaborative and work effectively in a team-oriented, fast-paced, and dynamic environment.
- Strong analytical, problem-solving and critical thinking abilities.
- Demonstrated interest in hedge funds/financial services.
Compensation
The estimated base salary range for this position is $150,000 – $200,000, which will be prorated based on internship start and end date.
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