Equity Stat Arbitrage Portfolio Manager


Division

Financial Services - Front Office

Location

New York, New York

Employment Type

Permanent



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Our client is an established Systematic Hedge Fund with $12Bil AUM. Located in midtown New York, they have more than 15 years successful track-record in systematic strategies trading in more than 100 markets globally. They are a mid-sized firm with ~50 US based employees who enjoy exceptional systems & infrastructure, comprehensive healthcare & wellness benefits, competitive compensation & many employee perks. They operate on a 3:2 Hybrid basis at present, however, most front-office team members are full-time which just enhances the Firm's collaborative environment! 


Compensation : $200000 - $300000
Job ID : 27903

Job Function:

 

Our client seeks to expand its strategies & grow its team across FI Futures,   Traditional Statistical Arbitrage and Medium-Frequency Trading across Futures, Equities, FI (non-credit)--must be fully systematized.   As part of this growth initiative, we are looking to add Portfolio Managers or small teams with a portable strategy & IP to enhance the firm's existing investment teams.  

 

As part of this expansion, the hired Portfolio Manager will receive an agreed allocation & be responsible for deploying their strategy to meet or surpass the agreed to performance metrics. Ideal hires will have a proven track-record running $100Mil with a high PNL and Sharpe >2.5 for US Equities. The preferred durations will be <25% of the book extending beyond 2 - 3 weeks. Some strategies requiring longer durations (ie Convergence Strategies longer biased) will be considered.

 



Job Requirements:

  • Proven 3+ year recent portable track-record running a systematic strategy
  • Defined investment strategy including overview of strategy, risk management, vol, P&L, Sharpe and ramp up requirements
  • Sharpe targets: Equity >2 Sharpe; FI ~1.5 Sharpe
  • Portable IP
  • Ability to work in office in NYC 3:2
  • US Work Authorization

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

 

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27903