Portfolio Manager - FX Volatility - Global Multi Strat Hedge Fund
Portfolio Manager - FX Volatility
New York, NY
We are partnering with a $10bn+ global multi-strategy hedge fund to identify an exceptional Portfolio Manager focused on FX Volatility to join its New York office.
Our client is widely regarded as one of the industry's premier volatility trading platforms, with substantial investment across equity volatility, credit volatility, macro volatility, and cross-asset derivatives strategies. The firm has built one of the most sophisticated volatility businesses on the Street and continues to invest aggressively in areas where it sees meaningful opportunities for expansion.
FX Volatility represents one of the platform's highest conviction growth initiatives. While the firm has established expertise across multiple volatility disciplines, it is now seeking an experienced investor to build and scale a dedicated FX Vol franchise within its pod structure.
The Opportunity
This is a rare opportunity to join a market-leading platform with a clear mandate to grow. Successful candidates will receive:
- A dedicated personal capital allocation from launch
- Significant autonomy to develop and execute their investment strategy
- Competitive economics with an attractive P&L participation structure
- Access to institutional-grade infrastructure, technology, risk management and execution capabilities
- The ability to leverage one of the deepest volatility ecosystems in the industry
- Direct exposure to senior leadership committed to expanding the FX Vol business
The firm is open to a range of FX volatility approaches, including:
- Relative value volatility strategies
- Macro-driven volatility trading
- Volatility arbitrage
- Skew and term structure opportunities
- Cross-market and cross-asset volatility trading
- G10 and Emerging Markets currency volatility
Candidate Profile
We are interested in speaking with Portfolio Managers and senior risk-takers who demonstrate:
- A proven and repeatable track record trading FX volatility strategies
- Experience managing risk and capital within a hedge fund, bank proprietary trading desk, asset manager, or similar institutional platform
- Strong understanding of options markets, volatility surface dynamics, skew and correlation
- Robust risk management and portfolio construction capabilities
- The ability to operate independently while contributing to a broader platform environment
- A desire to build and grow a scalable business within a leading multi-manager framework
Why This Platform?
Unlike many hedge fund opportunities where FX Vol is viewed as an adjacent strategy, this mandate is driven by a genuine desire to establish meaningful coverage in an area the firm believes is underrepresented relative to its broader volatility capabilities.
With established success across equity, credit and cross-asset volatility, the infrastructure, resources and intellectual capital already exist. The successful individual will have the opportunity to capitalize on those advantages while building a differentiated FX Vol franchise on a platform that has consistently attracted some of the world's leading volatility investors.
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