Verition Fund Management LLC
About the Company
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.
Job Title and Location Equity Long Short Risk Manager
Location:
New York, NY
Key Responsibilities
Strategy coverage: Equity Long Short
Continuously monitor portfolio exposures, stress test scenarios and evaluate risk metrics
Undertake position and portfolio oversight - concentration, leverage, liquidity, correlation etc across equity positions and strategies
Work closely with PMs and other stakeholders including risk teams to align risk management processes with investment objectives
Lead all PM interviews for all Long Short Equity PM candidates
Ensure adherence to risk limits and internal policies
Provide regular and adhoc reports to senior mgmt, investment committee and stakeholders
Model validation and enhancement - working closely with Equity Portfolio Researcher and Central team
Team management - improving bench‑strength, continuous team development and general team management
Requirements
Minimum 8 years' relevant risk mgmt experience in financial sector with a focus on equity markets, ideally in a multi-strategy HF, investment bank or asset mgmt firm
Experience building factor hedge baskets and building an optimizer
Demonstrated ability and proven track record of working closely with businesses and to lead/mentor other risk team members
Exceptional ability to articulate complex risk concepts to diverse stakeholders
Deep understanding of risk measures and market conventions
Willingness and desire to be hands‑on and roll‑up sleeves role
Salary Range:
$150,000 USD – $200,000 USD
#J-18808-Ljbffr
Job Title and Location Equity Long Short Risk Manager
Location:
New York, NY
Key Responsibilities
Strategy coverage: Equity Long Short
Continuously monitor portfolio exposures, stress test scenarios and evaluate risk metrics
Undertake position and portfolio oversight - concentration, leverage, liquidity, correlation etc across equity positions and strategies
Work closely with PMs and other stakeholders including risk teams to align risk management processes with investment objectives
Lead all PM interviews for all Long Short Equity PM candidates
Ensure adherence to risk limits and internal policies
Provide regular and adhoc reports to senior mgmt, investment committee and stakeholders
Model validation and enhancement - working closely with Equity Portfolio Researcher and Central team
Team management - improving bench‑strength, continuous team development and general team management
Requirements
Minimum 8 years' relevant risk mgmt experience in financial sector with a focus on equity markets, ideally in a multi-strategy HF, investment bank or asset mgmt firm
Experience building factor hedge baskets and building an optimizer
Demonstrated ability and proven track record of working closely with businesses and to lead/mentor other risk team members
Exceptional ability to articulate complex risk concepts to diverse stakeholders
Deep understanding of risk measures and market conventions
Willingness and desire to be hands‑on and roll‑up sleeves role
Salary Range:
$150,000 USD – $200,000 USD
#J-18808-Ljbffr