Data Sourcing Associate - Quant

Verition Fund Management LLC

$100K — $170K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Data Science, or related field.
  • 3-7 years in data sourcing, market data, or vendor management, especially in Fixed Income.
  • Preferred experience in hedge funds or buy-side environments.
  • Strong grasp of Fixed Income instruments, including rates and credit.
  • Experience with alternative data sourcing is a plus.
  • Familiarity with data governance and vendor contracts.
  • Effective communication skills to engage with various teams.
  • Detail-oriented and organized, capable of managing diverse stakeholders and tasks.

Responsibilities

  • Identify and source datasets for Fixed Income strategies including rates and credit.
  • Monitor data landscape for emerging vendors and investment-worthy data sources.
  • Collaborate with PMs and researchers to define data needs based on investment strategies.
  • Manage vendor relationships regarding pricing, contracts, and audits.
  • Coordinate with Legal and Compliance for licensing and regulatory adherence.
  • Track costs and usage metrics for Fixed Income data.
  • Oversee the onboarding process for new datasets with Technology and Engineering teams.

Benefits

  • Opportunity to work in a leading multi-strategy hedge fund.
  • Engage with top-tier investment and research professionals.
  • Expand knowledge in data sourcing and management in finance.
  • Collaborate closely with technology and quant teams.
  • Involvement in shaping data strategies for investment solutions.
Full Job Description
Role Overview

The Data Sourcing team partners closely with investment, research, and technology groups to identify, evaluate, and onboard high-impact datasets that support alpha generation and risk management. The team is responsible for the full lifecycle of data sourcing, from request management to commercial discussion, and then onboarding, governance, and ongoing usage analysis.

We are seeking a Data Sourcing Analyst with a strong understanding of Quantitative data to support data acquisition across the quantitative business at the firm. This role will work closely with portfolio managers, researchers, and quantitative teams to source both traditional and alternative datasets, manage vendor relationships, and ensure data is effectively integrated into the firm's research and trading workflows.

Responsibilities
  • Manage all requests from quantitative investment personnel; identify, evaluate, and source required.
  • Maintain highly detailed notes and lists of requests, interests, and current status of data usage in the quantitative vertical.
  • Proactively monitor the external data landscape to identify emerging vendors and new data sources with potential investment value.
  • Partner with PMs and researchers to understand use cases and translate investment needs into data sourcing requirements.
  • Manage vendor relationships, including pricing discussions, contract negotiations, renewals, and audits.
  • Coordinate with Legal, Compliance, and Procurement to ensure appropriate licensing, usage rights, and regulatory compliance.
  • Support cost allocation, usage tracking, and budget management across quantitative teams.
  • Oversee the end-to-end data onboarding process, working with Technology and Data Engineering teams to integrate new datasets.
  • Ensure data quality, documentation, and metadata standards are met.
  • Serve as a key point of contact between data vendors and internal stakeholders.

Qualifications
  • Bachelor's degree in a related field.
  • 3-7 years of experience in data sourcing, market data, or vendor management, preferably supporting quantitative trading or research teams.
  • Extreme organization and attention to detail and comfortable managing multiple stakeholders and priorities
  • Hedge Fund or Buy Side Experience Preferred
  • Strong understanding of quantitative markets.
  • Experience sourcing and managing alternative datasets is highly desirable.
  • Familiarity with data governance, licensing models, and vendor contracts.
  • Strong communication skills with the ability to interact effectively with portfolio managers, quants, and technologists.
  • Preferred skills:
    • Experience working with data inventory or usage-tracking tools (e.g., FITS or similar platforms).
    • Comfort working with JIRA, SQL, Python, or data analysis tools to support usage analysis.

The annual base salary range for this position is $100,000 to $170,000 (USD). In addition to base salary, this position is eligible for a discretionary performance bonus and a comprehensive benefits package. Actual compensation offered to the successful candidate will be determined based on a variety of factors such as geographic location, work experience, qualifications, and skill level.

Similar Jobs

More Jobs at Verition Fund Management LLC

More Finance & Insurance Jobs

Find similar Data Sourcing Associate - Quant jobs: