2027 Investment Internship (US)

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

Benefits offered by this job

Mentorship program

Trading simulation

Professional development opportunities

Job summary

Verition Fund Management LLC (“Verition”) offers a 10-week Summer Internship Program pairing you with an investment team where you''ll take on real, high-impact work and gain a firm-wide view of how a global multi-strategy hedge fund operates.

You''ll work with portfolio managers and analysts on cross-functional projects, complete a trading simulation, and present your work to senior leaders by the end of the summer, with access to mentorship and professional development throughout the program.

Qualifications

• Pursuing a Bachelor’s, Master’s or PhD in finance, economics, math, statistics, business, CS, or related field.
• Excellent written and verbal communication skills.
• Demonstrated curiosity, self-motivation, and attention to detail.

Responsibilities

• Assist an investment team to identify, evaluate, and deploy data-driven insights that support investment decisions.
• Contribute to strategic projects extending beyond day-to-day responsibilities.
• Present work and ideas to senior leaders during the program.

Skills

Strong communication

Analytical mindset

Team player

Strong work ethic

Attention to detail

Self-motivated

Hedge funds interest

ML/AI familiarity

Education

Pursuing degree in finance or quantitative field

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 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 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 annual base salary range for this position is $140,000 - $160,000 (USD). In addition to base salary, this position is eligible for a discretionary performance bonus and a comprehensive benefits package. Actual compensation offered to the successful candidate will be determined based on a variety of factors such as geographic location, work experience, qualifications, and skill level.