Equity Volatility Portfolio Manager
🗽 Equity Volatility Portfolio Manager - $15bn+ Global Macro Hedge Fund | New York
Our client, a globally renowned $15bn+ hedge fund with deep roots in discretionary macro and derivatives trading, is seeking an experienced Equity Volatility-focused Portfolio Manager to join their high‑performing New York team. This is a rare opportunity to join a platform that truly understands the nuances of volatility investing - far beyond what most multi‑strategy environments offer.
🌎 Why This Fund Is Different
Unlike the majority of multi‑strat firms that apply a one‑size‑fits‑all risk framework across disparate strategies, this platform was built by seasoned macro and vol practitioners who understand the complexity of cross‑asset volatility. Their culture, risk infrastructure, and data environment are specifically calibrated for discretionary macro and derivatives‑driven strategies, enabling PMs to take thoughtful, conviction‑based risk.
What sets them apart:
- Vol‑native risk culture - Firmwide understanding of volatility surfaces, skew dynamics, dispersion, cross‑asset correlations, and event‑driven vol behavior
* Sticky, long‑duration capital - An investor base aligned with multi‑cycle macro and derivatives strategies rather than short‑term PnL fluctuations
* Exceptional PM retention - High stability, transparent communication, and strong economic alignment
* Deep research + quant support - Institutional‑grade data, derivatives analytics, and macro intelligence that amplify idea generation and improve risk calibration
💼 The Opportunity
The incoming PM will join an elite group of macro and derivatives investors and receive a meaningful initial capital allocation, with an explicit mandate to scale toward $1bn+ over time. The platform provides the tools and infrastructure needed to execute sophisticated volatility strategies across regions and asset classes.
Compensation & structure:
- Competitive base salary with potentially above‑market PnL participation
* Significant starting book for immediate deployment
* High‑conviction risk limits tailored to discretionary vol strategies
* Infrastructure built for speed, transparency, and cross‑team collaboration
FAQs
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