Operations Associate - Cash & Position Reconciliations
Verition
| Company | Verition |
| Category | Uncategorised |
| Location | New York |
| Remote | On-site (inferred) |
| Employment | Not stated |
| Level | Not stated |
| Salary | Not stated by the employer |
| Posted | 30 Jul 2026 |
| Last verified | 12 Aug 2026 |
| Source | The employer's own careers page (company_site) |
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.
ROLE OVERVIEW
Verition is seeking a motivated Operations Associate to join its Cash & Position Reconciliation team. The Associate will be responsible for daily cash and position reconciliation across a high volume of transactions, multiple accounts, counterparties, and asset classes, leveraging a suite of internal and third-party systems. You will work closely with Trading, Technology, and other Operations teams to ensure accuracy and timely resolution of breaks.
KEY RESPONSIBILITIES
• Perform daily cash and position reconciliations across internal systems, external platforms, and Prime Brokers.
• Investigate, analyze, and resolve high-volume reconciliation breaks across multiple platforms and systems.
• Escalate and drive timely resolution of outstanding breaks.
• Maintain accurate transaction records across internal and third-party systems.
• Identify process gaps and partner with internal and external stakeholders to develop and implement solutions.
• Respond to queries and ad hoc requests from Trading, Technology, and other Operations teams in a timely manner.
REQUIREMENTS
• Bachelor's degree required.
• 3+ years of operations or financial services experience; exposure to Equities, Credit, Derivatives, and/or Rates a plus.
• Experience with DUCO or similar reconciliation tools preferred.
• Self-starter with strong analytical, communication, and problem-solving skills.
• High attention to detail and commitment to accuracy in a high-volume environment.
• Ability to manage competing priorities and meet deadlines in a fast-paced, dynamic environment.
• Collaborative team player comfortable working across Trading, Technology, and Operations functions.
Salary Range
$100,000 — $125,000 USD