Margin and Liquidity Associate

Posted:
11/15/2024, 3:15:03 AM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatility & Capital Structure Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets Trading, and Global Quantitative Trading.

Job Title: Margin & Liquidity Associate

Key Responsibilities:

  • Review and confirm margin requirements across all account and product types (Cleared/Bilateral/PB/Etc.)
  • Work with internal and external vendors on system development
  • Process reporting to identify liquidity needs
  • Identify inefficiencies in margin structures and implement solutions
  • Work with internal groups (Portfolio Finance/Ops/Finance) to ensure collateral availability for transfer and trading activity

Requirements

  • 3-8 years of prior experience
  • Bachelor’s degree minimum
  • Advanced Excel skills (Required)
  • Treasury/Margin related experience (Required)
  • Hedge fund-related experience preferred (Bank/Admin)
  • Experience with collateral system development and/or work with large data sets (Preferred)
  • Coding experience is a plus

Salary Range: $125,000 - $150,000 USD