Portfolio Manager

Location: London

Experience: 5–15+ years

Client type: Hedge fund / proprietary multi-strategy platform

London-based Portfolio Manager / Sub-Portfolio Manager opportunity with a multi-strategy trading platform looking to back experienced traders with a proven and repeatable source of PnL.

The platform is seeking commercially minded risk-takers across relative value strategies, including equity volatility, options, dispersion, convertible arbitrage, ETF arbitrage and delta-one strategies.

This is an opportunity for traders to build and scale a strategy with access to capital, infrastructure and support within a broader multi-strategy environment

• Build, manage or expand a live trading strategy with direct ownership of positions, risk and PnL.
• Develop research and trading processes around identifiable market inefficiencies.
• Manage risk through different market environments and communicate strategy performance.
• Work closely with quantitative researchers, developers and trading support teams.
• Define the infrastructure, capital and resources required to scale the strategy.
• Contribute ideas across adjacent relative-value and derivatives markets.
• Build out supporting teams where required.

• 5–15+ years of experience in relative value trading, options, volatility or derivatives markets.
• A proven live trading track record with direct ownership of PnL.
• Experience managing risk and making principal trading decisions.
• Strong understanding of options, volatility, market structure or relative value strategies.
• The ability to clearly articulate their trading edge and source of returns.
• A disciplined approach to risk management across different market regimes.
• Technical understanding and the ability to collaborate with quantitative researchers and developers.
• A commercial mindset and interest in building a strategy rather than operating within a fixed role.

Candidates do not need to hold the formal title of Portfolio Manager. Strong Sub-PMs, Assistant PMs, senior quantitative traders and experienced desk-level risk takers may also be highly relevant.