2027 Technology Internship (US)

Verition; Chicago (IL); On-site; USD 150,000 - 200,000; Full time

Job summary

Verition Fund Management LLC offers a 10-week Summer Internship in Chicago, pairing interns with a technology team to tackle real, high-impact work alongside portfolio managers and analysts. You’ll collaborate on data ingestion, modelling, and post-trade analysis while contributing to strategic projects and trading simulations.

You’ll gain mentorship, attend speaker sessions, and participate in professional development events that enhance your growth in a fast-paced financial engineering

Qualifications

• Pursuing a Bachelor's, Master's, or PhD in CS, applied mathematics, statistics, business, or another STEM field.
• Proficiency in Python or knowledge of C++/Java.
• Proficiency with machine learning and AI applications.
• 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 environment.
• Strong analytical, problem-solving and critical thinking abilities.
• Demonstrated interest in hedge funds/financial services.

Responsibilities

• Paired to a technology team focusing on data ingestion, high-performance processing, modelling, portfolio and risk management, live execution and post-trade analysis.
• Contribute to strategic projects that extend beyond day-to-day responsibilities.
• Compete in a trading simulation with the intern class to build foundational markets knowledge.
• Present your work and ideas to senior leaders during the program.

Skills

Python

C++

Java

Machine Learning

Communication

Teamwork

Analytical thinking

Finance interest

Education

CS/Math/Statistics

STEM 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 Credit, Fixed Income & Macro, Convertible & Volatility Arbitrage, Event-Driven, Equity Long/Short & Capital Markets, and Quantitative Strategies.

Our 10-week Summer Internship Program pairs you with a technology 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

• Paired to a technology team in which you’ll be exposed to all aspects of the business; data ingestion, high-performance processing, modelling, portfolio and risk management, live execution and post-trade analysis.
• 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 computer science, applied mathematics, statistics, business, or another STEM related field.
• Proficiency in Python, or knowledge of other languages like C++ or Java.
• Proficiency with machine learning and AI applications.
• 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 analytical, problem-solving and critical thinking abilities.
• Demonstrated interest in hedge funds/financial services.

Compensation

The estimated base salary range for this position is $150,000 – $200,000, which will be prorated based on internship start and end date.