2027 Technology Internship (US)

Verition; New York (NY); On-site; USD 150,000 - 200,000; Full time

Job summary

Verition Fund Management LLC (Verition) offers a 10-week Summer Internship Program pairing you with a technology team to deliver high-impact work across data ingestion, processing, modelling, and risk management. You’ll work with portfolio managers and analysts, partner on cross-functional projects, and present your work to senior leaders at the end of the summer.

You’ll experience mentorship, speaker series, and professional development events, gaining exposure to hedge funds and finance-tech

Qualifications

• Pursuing a Bachelor's, Master's, or PhD in CS, applied math, statistics, business, or a related STEM field.
• Proficiency in Python, or knowledge of C++/Java.
• Proficiency with machine learning and AI applications.
• Excellent written and verbal communication skills.
• Strong analytical, problem-solving, and critical thinking abilities.
• Demonstrated interest in hedge funds/financial services.
• Ability to collaborate in a fast-paced, team-oriented environment.

Responsibilities

• 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.

Skills

Python

C++

Java

Machine learning

Communication skills

Team collaboration

Analytical thinking

Financial services interest

Education

Bachelor's degree or higher

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 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.