Verition Fund Management LLC
Quantitative Analyst - Securitized Products New York, New York, United States
Verition Fund Management LLC, New York, New York, us, 10261
Overview
New York, New York, United States
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 global risk team is looking for a Quantitative Analyst specifically with Securitized Products experience to join our team.
Responsibilities
Develop advanced tools to augment the processes of risk analysis and risk monitoring within the securitized product space. Analyze portfolios and strategies to identify the risk/return dynamics
Collaborate with risk managers and portfolio managers on topics including management of tail risk exposure, scenario analysis, usage of risk limits, portfolio construction, and capital allocation
Assist in the development and enhancement of pricing and risk models, stress testing and Value at Risk (VaR) methodologies for securitized products
Engage in research activities and develop new risk management strategies and analytical tools for investment teams and risk managers
Collaborate closely with the technology team to transition prototypes into operational production systems
Qualifications
Advanced degree (Masters/PhD) in Physics, Engineering, Mathematics, Statistics or related fields
Two or more years’ experience in programming in Python. Experience with Linux bash scripting and SQL.
Experience in deploying applications in production environment
Experience in production software development life cycle
Having good communication skills, great attention to detail and strong interest in technology
Knowledge of securitized products such as MBS, CMBS, ABS, CLO
Experience in prepayment and default modeling
Nice to have
Experienced in dealing with large data sets
Experience with Intex or Yieldbook
Experience in C/C++, Java or C# not required but is a plus
Knowledge of Excel functions and macros
Salary Range $135,000 - $180,000 USD
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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 global risk team is looking for a Quantitative Analyst specifically with Securitized Products experience to join our team.
Responsibilities
Develop advanced tools to augment the processes of risk analysis and risk monitoring within the securitized product space. Analyze portfolios and strategies to identify the risk/return dynamics
Collaborate with risk managers and portfolio managers on topics including management of tail risk exposure, scenario analysis, usage of risk limits, portfolio construction, and capital allocation
Assist in the development and enhancement of pricing and risk models, stress testing and Value at Risk (VaR) methodologies for securitized products
Engage in research activities and develop new risk management strategies and analytical tools for investment teams and risk managers
Collaborate closely with the technology team to transition prototypes into operational production systems
Qualifications
Advanced degree (Masters/PhD) in Physics, Engineering, Mathematics, Statistics or related fields
Two or more years’ experience in programming in Python. Experience with Linux bash scripting and SQL.
Experience in deploying applications in production environment
Experience in production software development life cycle
Having good communication skills, great attention to detail and strong interest in technology
Knowledge of securitized products such as MBS, CMBS, ABS, CLO
Experience in prepayment and default modeling
Nice to have
Experienced in dealing with large data sets
Experience with Intex or Yieldbook
Experience in C/C++, Java or C# not required but is a plus
Knowledge of Excel functions and macros
Salary Range $135,000 - $180,000 USD
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