Job description
Job Description
Portfolio Manager - Proprietary Trading
We're partnering with an established proprietary trading firm on a search for a Portfolio Manager to run risk on their own capital. This is a risk-taking seat with full autonomy over your book.
This is not portfolio management in the asset management sense, and it is not execution. You need attributable P&L in dollars from a book you ran yourself, not benchmark-relative returns.
Responsibilities
- Run your own book and your own risk with full discretion over strategy and sizing
- Take directional and relative value positions across your chosen products
- Manage risk in real time, including sizing, hedging and adjusting exposure through changing conditions
- Develop and scale your own strategies without a fixed house model
Requirements
- 4+ years of profitable P&L in dollars
- Experience running your own risk rather than executing for others
- Depth in one or more of: equity options and volatility, capital structure arbitrage, listed derivatives, ETFs and index arbitrage, FX, macro or EM FX. Other products considered where the track record is strong
- Comfort with data and execution tooling
- Track record of performing in a high pressure, results driven environment
What's on offer
New York or Chicago. Competitive base plus a meaningful profit split on what you generate. Flat structure, short decision chain, no client business and no franchise flow.
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