Trading Assistant

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.

Position and Details

Position: Trading Assistant

Team: Credit

Location: Norwalk, CT & New York, NY

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 USD - $150,000 USD