Trading Assistant

Verition Fund Management LLC; Norwalk (CT); On-site; USD 100,000 - 150,000; Full time

Job summary

Verition Fund Management LLC is seeking a Trading Assistant in Norwalk, CT, designed for recent graduates eager to develop into credit traders. You will begin by booking trades and reconciling positions, with potential growth into execution and idea generation as you demonstrate market understanding. Candidates should possess a Bachelor's or Master's in a quantitative field, be proficient in Python, and work in Norwalk 4-5 times a week. The salary range is $100,000 to $150,000 USD.

Qualifications

• Extremely diligent self-starter, proactive and wants to learn.
• Strong foundation in math, statistics, or financial theory.
• Work in Norwalk 4-5x per week.

Responsibilities

• Reconciling morning, midday and EOD P&L and positions.
• Booking all trades ensuring accurate capture in OMS.
• Identify friction points in existing processes and propose automation or workflow improvements.

Skills

Diligent self-starter

Strong math foundation

Proficiency in Python

Composure under pressure

Clear communication

Education

Bachelor’s or Master’s degree in finance, economics, mathematics, engineering, computer science, or a related field

Tools

Programming languages (Python preferred)

Job description

Company Overview

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.

Position and Details

Position: Trading Assistant

Team: Credit

Location: Norwalk, CT & New York, NY

Role Summary

The Credit Trading Assistant is a high-impact seat designed for a recent graduate who wants to become a credit trader. Domain knowledge will be taught on the desk. The role starts operationally — booking trades, reconciling positions, maintaining desk infrastructure — but rapidly expands into execution and idea generation as the candidate proves their reliability and market judgment.

Key Responsibilities

• Reconciling morning, midday and EOD P&L and positions.
• Booking all trades ensuring accurate capture in OMS.
• Identify friction points in existing processes and propose automation or workflow improvements.
• Various one-off projects for the team.

Qualifications

• Extremely diligent self-starter, proactive and wants to learn.
• Composure under pressure, clear and direct communication, competitive instinct.
• Strong foundation in math, statistics, or financial theory.
• Bachelor’s or Master’s degree in finance, economics, mathematics, engineering, computer science, or a similarly rigorous quantitative discipline.
• Proficiency in at least one programming language (Python preferred) with demonstrated ability to build functional tools: scripts, dashboards, data pipelines, or simple web apps.
• Work in Norwalk 4-5x per week.

Salary Range: $100,000 USD - $150,000 USD