Equity Portfolio Manager
jw michaelsBrooklyn, NY
Equity Portfolio Manager
jw michaelsBrooklyn, NY
3 days ago
Industries
Portfolio Management and Investment AdviceMiscellaneous Financial Investment ActivitiesInvestment Banking and Securities IntermediationAbout the role
Our Client a $20 Bil global hedge fund is seeking experienced US-baed Equity Long-Short Portfolio Managers. PM Sector requirements across Industrials, Metals & Mining; Healthcare & Biotech; US Consumer Discretionary (other strategies considered on a per-book & return basis).The ideal hire will have >5 years’ experience running a significant market neutral portfolio with >10% annualized returns and a Sharpe of ~2+. This role can be located in one of the client’s US or London offices (similar roles open in EU and AP). This role can move an individual PM or small team dependent upon the strategy and return profile.
Responsibilities:
- Independently manage an Equity Long-Short capital allocation
- Maintain low net delta and ~70%+ idiosyncratic risk attribution.
- Target Volatility of 4 - 7% with max drawdown of ~7% of allocated capital
- Leverage market & industry fundamental analysis to generate alpha
- Actively manage risk assessing all positions & investment theses
- Collaborate with key stakeholders across research, data, risk, technology, compliance and operations to optimize performance & streamline investment process
Requirements:
- 5+ years’ experience managing an Equity Long-Short portfolio with > $250 Mil in gross capital and a return profile of >10% and a Sharpe of ~2+Proficiency in financial modeling, sector & competitive analysis
- Strong industry connectivity including industry channels & experts, counterparties & 3rd party vendors
- Strong communications skills (verbal & written) & comfortable reporting theses to management and/or investors on a regular basis
- Exceptional decision-making abilities, capable of performing well under pressure
- High caliber individuals with strong character & integrity—essential to the platform’s & teams’ culture
Compensation & Benefits:
The target base salary for this role is $200,000 - $250,000 annually with a discretionary bonus based on the performance of the book’s P&L. Extremely generous benefits including health, wellness, dental, vision, parental leave, tuition reimbursement and many more perks!
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JOB OVERVIEW
Experience level
Manager
Location
Brooklyn, NY
Occupation
Investment Fund Managers
Industry
Portfolio Management and Investment Advice
Posted
3 days ago
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