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2027 Technology Internship (US)

Verition Group LLCChicago, Illinois, United States · Posted 9 days ago
Full-timeEst. 175,000 USD
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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.

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