Proprietary Trader MENA Equity Long Short (Dubai)

Mamoru; Dubai; On-site; USD 100,000 - 150,000; Full time

Job summary

A global hedge fund specializing in diversified trading is seeking a Senior Portfolio Manager / Prop Trader in Dubai. The role involves developing and managing a trading book with a focus on Middle East Single Stock Long/Short and Pair Trading. Candidates should have a Master’s degree and significant trading experience, particularly in the Middle East market.

Qualifications

• Minimum of 5 years trading experience with a consistent, positive PnL track record.
• Experience in Middle East Equity Single Stock trading is required.

Responsibilities

• Monitoring and analyzing markets to identify trading opportunities.
• Executing pair trading plans to maintain market-neutral positions.
• Managing position risk effectively.

Skills

Quantitative skills

Research skills

Trading strategy development

Education

Master’s degree in Financial Engineering

Tools

Python

C++

Job description

Location : Dubai AP Capital is a global hedge fund specializing in diversified trading across equities, commodities, FX, fixed income, and innovative assets.

We adopt market-neutral strategies to minimize market turbulence impact and maximize investment potential.

Our goal is to provide risk-adjusted returns while improving liquidity.

Founded in 2012, with assets under management (AUM) reaching $500 million USD.

We are seeking a Senior Portfolio Manager / Prop Trader to develop and manage a trading book focused on Middle East Single Stock Long/Short and Pair Trading with a market-neutral, quantitative/systematic trading approach.

Responsibilities include:

1. Monitoring and analyzing markets to identify trading opportunities and developing long/short trading strategies and signals.
2. Executing pair trading plans to maintain market-neutral positions and achieve stable returns.
3. Performing related research tasks and transactions.
4. Managing position risk effectively.

Qualifications:

1. Master’s degree or higher in Financial Engineering or a related field.
2. Minimum of 5 years trading experience with a consistent, positive PnL track record.
3. Experience in Middle East Equity Single Stock trading is required.
4. Strong quantitative skills, with an ability to research and innovate.
5. Proficiency in Python or C++ for coding research, models, and strategies is preferred.