2027 Investment Internship (US)

Verition; New York (NY); On-site; USD 140,000 - 160,000; Full time

Benefits offered by this job

Mentor group

Speaker series

Professional development events

Volunteer opportunities

Job summary

Verition Fund Management LLC offers a 10-week Summer Internship Program in New York. You will work with an investment team to identify and deploy data-driven insights that enhance decision-making and alpha generation.

You will contribute to strategic projects, compete in a trading simulation, and present your work to senior leaders by summer's end. The program provides a dedicated mentor group, a speaker series, and professional development events.

Qualifications

• Excellent written and verbal communication skills.
• High level of intellectual curiosity, self-motivation, strong work ethic and attention to detail.
• Ability to collaborate and work effectively in a fast-paced, team-oriented environment.
• Strong technical, analytical, problem-solving and critical thinking abilities.
• Demonstrated interest in hedge funds/financial services and familiarity with ML/AI.

Responsibilities

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

Skills

Communication skills

Team collaboration

Analytical thinking

Detail orientation

Education

Pursuing finance/economics/math/statistics/CS degree

Tools

Machine learning

AI applications

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.