US Financials Equity Long Short Portfolio Manager

This is a rare opportunity for an experienced Financials Portfolio Manager to step into a true build-out mandate rather than inherit an existing business. Our client is seeking an investor who wants autonomy, scale, and the ability to establish a long-term franchise within a platform that is actively investing behind its growth.

US Financials Equity Long Short Portfolio Manager

New York

We are representing a highly regarded $5bn+ multi-strategy hedge fund that is continuing to expand its investment platform and is now seeking a US Financials Equity Long/Short Portfolio Manager to lead and build the firm's Financials business.

This is a unique opportunity to become the first dedicated Financials PM within a newly established Equity Long/Short platform. The successful candidate will have complete ownership of the sector, with no overlapping coverage, full investment autonomy, and the ability to develop a substantial business over time.

The Opportunity

• Launch and lead the firm's US Financials investment franchise across banks, insurers, brokers, asset managers, specialty finance and broader financial services sectors.
• Operate with full sector ownership and decision-making authority.
• Join at an early stage of a major equity platform build-out, providing significant influence over the long-term direction of the business.
• Build a differentiated investment strategy supported by substantial capital allocation and senior management sponsorship.
• Develop and grow your team over time, with the ability to hire analysts and expand infrastructure as the business scales.

Platform Advantages

Our client has built a reputation as one of the more attractive destinations within the multi-manager landscape, offering a combination of institutional resources and entrepreneurial flexibility.

Key differentiators include:

• Meaningfully more flexible risk limits than many traditional pod-shop platforms.
• Customized drawdown parameters based on strategy characteristics, historical volatility and sector dynamics rather than a one-size-fits-all framework.
• Strong organizational support for PMs looking to build sustainable businesses rather than manage to short-term constraints.
• Generous cost coverage, with the majority of operating expenses absorbed by the firm.
• Extensive internal infrastructure spanning technology, data, trading, operations and risk management.
• A culture that values investment autonomy while providing significant firm-wide support.

Compensation

• Attractive salary plus P&L participation structure.
• Significant upside for successful portfolio managers.
• Ability to scale capital and resources alongside performance.

Candidate Profile

We are interested in speaking with experienced Portfolio Managers who possess:

• A demonstrable track record investing within the US Financials sector.
• Experience managing capital within a hedge fund, asset management, proprietary trading or multi-manager environment.
• Strong fundamental stock-picking capabilities on both the long and short side.
• Deep sector expertise and an established research process.
• Ambition to build and lead a long-term investment franchise.

For Financials investors seeking a platform where they can genuinely own their sector, operate with greater freedom, and build a meaningful business with institutional backing, this represents one of the most compelling opportunities currently available in the market.