2027 Investment Internship (US)

Verition Group LLC Internships; Chicago (IL); On-site; USD 140,000 - 160,000; Full time

Job summary

Verition Fund Management LLC is hosting a 10-week Summer Internship Program pairing students with an investment team to work on real, high-impact projects. You'll collaborate with portfolio managers and analysts, and present your work to senior leaders at summer's end.

During the program, you will receive mentorship, attend speaker series, and participate in professional development and volunteering opportunities with your intern class.

Qualifications

• Pursuing a relevant bachelor's, master's, or PhD in finance, economics, or math.
• Excellent written and verbal communication skills.
• Strong work ethic and attention to detail.
• Team-oriented, fast-paced, dynamic environment experience preferred.
• Interest in hedge funds and financial services; familiarity with ML/AI applications.

Responsibilities

• Work on an investment team to identify, evaluate, and deploy data-driven insights that enhance investment decisions and alpha generation.
• Contribute to strategic projects beyond day-to-day duties.
• Participate in a trading simulation with the intern class.
• Present work and ideas to senior leaders during the program.

Skills

Communication

Analytical thinking

Teamwork

Problem solving

Hedge fund interest

Machine learning

Education

Finance/Math degree

Job description

Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Fixed Income & Macro, Event & Multi-Asset RV, Equity L/S & Capital Markets, and Quantitative Trading.

About the Program

Our 10-week Summer Internship Program pairs you with an investment 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

• Work on an investment team alongside a Portfolio Manager to help the team identify, evaluate, and deploy data-driven insights that enhance investment decision-making and alpha generation.
• 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 finance, economics, applied mathematics, statistics, business, computer science, or a related field.
• 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 technical, analytical, problem-solving and critical thinking abilities.
• Demonstrated interest in hedge funds/financial services.
• Familiarity with machine learning and AI applications.

Compensation

The estimated base salary range for this position is $140,000 – $160,000, which will be prorated based on internship start and end date.