Carrières

Varenne Capital Partners is a global hedge fund with over 3 billion dollars of assets under management. We strive to achieve this goal by employing proprietary research and combining complementary investment frameworks in a single strategy: Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. All our investment frameworks stem from years of research and development and as a result comprise original methodologies, formalized processes, dedicated teams of analysts and bespoke information systems. It is the opportunity for you to join a well-established and fast-growing hedge fund with a long track record of success as part of a diverse, stable and experienced investment team.

Mission

The Merger Arbitrage framework acts as a fund within the fund. The team deploys capital on friendly and announced deals which present an attractive risk/reward profile. Each potential opportunity is carefully assessed through our proprietary in-depth analysis framework covering all aspects of a transaction. As part of the team, your tasks will be varied and will include:

• Preparing the weekly investment meeting
• Screening new arbitrage opportunities
• Contributing to the analysis of deals and attend investment committees
• Monitoring of the portfolio and the strategy environment
• Interacting with other teams (middle office, risks, compliance, marketing, …)
• Research and Development

Profile

Excellent academic background from a top tier University or Business School.

Solid skills in Financial Analysis and Corporate Finance. CFA is a plus.

Proficiency in Microsoft Office. Bloomberg and VBA are a plus.

Fluency in spoken and written English essential, French is a plus.

Strong work ethic and teamwork orientation with a proactive attitude.

Terms

Length : 6 months

Start : septembre 2023

Location : 42 avenue Montaigne, 75008 Paris, France

Contact : bvaur@varennecapital.com

Part of a dynamic and very integrated team that works in agile environment and gives strong responsibilities and autonomy. You will be in charge of maintaining and developing the Varenne Capital Partners internal front to middle to reporting software. You will be key in building the new software architecture that can support the company growth.

Ideally, you have a first knowledge in finance and particularly in asset management (front to middle workflows, risk and compliance) so you can understand the end user requirements.

You will have to take care of projects from user specifications to production roll out in a short decision-making environment.

Education

Master's (M2) in Computing science or equivalent 

Professional experience

Between 1 and 3 years of experience in inhouse software development. A first experience in finance is preferred but not mandatory.

Required skills

• Perfect understanding of object programming concepts

• Significant experience in inhouse JAVA applications development

• GIT or SVN source code managing

• First use and knowledge of relational database querying, ideally PostgreSQL

Willingness to learn, progress and always “go the extra mile”.

• Numerical fluency and a high comfort level with technical subjects

• Strong analytical skills and judgement.

• Fluency in English is required.

• A first use of IntelliJ IDE is a plus.

Terms 

Length : Permanent contract

Start : As soon as possible

Location : 42 avenue Montaigne, 75008 Paris, France

Contact : splossard@varennecapital.com

Varenne Capital Partners is Paris-based, process-driven, global investment manager with over 3 billion euro of assets under management, whose purpose is to deliver superior long-term returns with the minimum necessary risk-taking. We strive to achieve this goal by employing proprietary research and combining complementary investment frameworks in a single strategy: Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. Our ‘brokers are not welcome’ policy means that we rely exclusively on our own internal research and base our analysis on facts and figures. All of our investment frameworks stem from years of research and development and as a result comprise original methodologies, formalized processes, dedicated teams of analysts and bespoke information systems.

Mission

The BQL team, which manages the long/short diversified strategy, selects its investments on the basis of the output of proprietary algorithms. As a member of the team, you will assist the Managers in charge of the strategies. Tasks will be varied and will include:

• Participation in the investment process: validation of the signals on which the strategy is based, portfolio construction
• Front office tasks, monitoring of corporate actions, dividends and stop losses
• Development of Reporting tools and spreadsheets on Tableau
• R&D of new proprietary algorithms

Profile

Ideally, the candidate will have a degree in either Mathematics, Engineering or Finance, have an interest in the asset management industry and seek a first full-time experience in a hedge fund. We require solid skills in programming: VBA, Python, Tableau and SQL. Good knowledge in Corporate Finance, Accounting and Financial Markets is required.

Previous experience in banking, consulting/auditing firms and asset management is a plus.

We also demand the capability of working within a team, flexibility and a proactive approach. Fluency in French would be beneficial.

Should you succeed in your tasks, you could be made an offer for a permanent position.

Terms

Length : 6 months

Start : July/September 2022

Location : 42 avenue Montaigne, 75008 Paris

Contact : talent@varennecapital.com

Varenne Capital Partners est une société de gestion de portefeuille indépendante dont l’ambition est de fournir aux investisseurs des performances d’excellence avec le minimum de prise de risque nécessaire pour les obtenir. Pour ce faire, nous développons et associons plusieurs moteurs de performance : Long Actions, Short Actions, Situations Spéciales et Couvertures Macro. La gestion repose sur une activité de recherche entièrement propriétaire. Varenne Capital Partners est enregistrée auprès de l'AMF et gère une gamme de véhicules d’investissement UCITS et FIA. 

Mission

Le candidat se verra affecter différentes missions en fonction de sa vitesse et qualité d ’apprentissage. La liste des missions ci-dessus est non exhaustive :

• Suivi de la facturation des fonds 
• Suivi des flux et des positions de nos portefeuilles (cash et titres) sur différents types de produits (OTC, Listé)  
• Suivi des Opérations Sur Titres dans l’outil interne. 
• Gestion des Reset sur positions EQS 
• Mise à jour des outils (référentiel valeurs …) 
• Participer si le besoin se présente à des projets d’amélioration de l’outil interne et des outils annexes liés au Service 
• Mettre à jour les procédures si nécessaire.  

Vous serez en relation régulière avec nos différentes contreparties (Dépositaire, Valorisateur, Broker, Prime Broker) 

A l’issue de ce stage le candidat aura une vision plus précise et transversale de l’activité d’une société de gestion.  

Profile

Niveau Scolaire : BAC+4 Université (Master 1 Gestion, Finance) ou Ecole de commerce (avec un intérêt marqué pour la finance de marché et les métiers opérationnels). Les candidats ne répondant pas aux premiers critères sont priés de s'abstenir. 

Compétence Informatique :  Maitrise Excel, Word – VBA (niveau débutant/intermédiaire accepté), facultatif : Maitrise de Power Bi et/ou Python serait un plus. 

Compétence Linguistique : Français et Anglais, le candidat doit pouvoir communiquer dans les deux langues à l’écrit comme à l’oral. 

Qualité personnelle : Esprit d’équipe, Observation et Curiosité, Respectueux et à l’écoute. 

Terms

Durée : 6 mois

Début : Septembre 2023

Location : 42 avenue Montaigne, 75008 Paris, France

Contact : mleguyader@varennecapital.com, CV + LM

Varenne Capital Partners is a global hedge fund with over 3 billion dollars of assets under management. We strive to achieve this goal by employing proprietary research and combining complementary investment frameworks in a single strategy: Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. It is the opportunity for you to join a well-established and fast-growing hedge fund with a long track record of success as part of a diverse, stable and experienced investment team.

Mission

As a Data Analyst intern, your role will be instrumental to ensure that our investment decisions are grounded in robust data analysis. From acquisition to visualization, your mission will cover the entire data process. You will be in direct contact with different departments from IT to investment. Tasks will be varied and will include:

• Integrate data from external sources and automate routine feeding
• Ensure that all data is operationally accurate and appropriate
• Interact with business stakeholders to solve issues and identify relevant use-cases
• Develop, enhance and maintain relevant analytics dashboard
• Work on the documentation of the developed analytics solutions

Requirements

Final year student in data-related master from top engineering school or university.

Solid skills in SQL and Python. Java, Tableau and Power BI is a plus.

Affinity with data modeling and ETL processes.

Good communication skills and investigative mindset. Teamwork oriented and proactive attitude.

Fluency in spoken and written English essential.

Terms

Length : 6 months

Start : As soon as possible

Location : Paris office with remote work possibilities

Contact : bvaur@varennecapital.com

Varenne Capital Partners is a global hedge fund with over 3 billion dollars of assets under management. We strive to achieve this goal by employing proprietary research and combining complementary investment frameworks in a single strategy: Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. It is the opportunity for you to join a well-established and fast-growing hedge fund with a long track record of success as part of a diverse, stable and experienced investment team.

Mission

This is a unique opportunity to be involved in the ambitious venture that will be the cornerstone of our investment management. As a key member of the Data team, your role will be instrumental to design, build and maintain our future data environment. From acquisition to visualization, your mission will cover the entire data process in a complex and continuously evolving financial environment. Sense of ownership is crucial as you will be part of projects from initial discussions to release in direct contact with different departments. Tasks will be varied and include :

• Conception, implementation and maintenance of our databases
• Design and develop our ETL processes along with appropriate orchestration workflows
• Shape our data ecosystem to ensure scalability and robustness
• Provide investment teams with appropriate support for their data needs
• Manage relationships with data suppliers

Requirements

Proven track record in data engineering roles with 3 to 5 years of experience in designing, building and maintaining data pipelines in a financial environment.

Degree in data-related master from engineering school or university.

Proficient in SQL (PostgreSQL). Strong knowledge in Java or object-oriented languages. BI tools is a plus.

Good communication and problem-solving skills. Teamwork oriented and strong desire to learn.

Fluency in spoken and written English essential.

Terms

Compensation : Very competitive, based on profile

Start : As soon as possible

Location : Paris office with remote work possibilities

Contact : bvaur@varennecapital.com