Proprietary Trader MENA Equity Long Short (Dubai)

AP Capital; Dubai; On-site; USD 80,000 - 120,000; Full time

Job summary

A leading hedge fund in Dubai seeks a Senior Portfolio Manager / Prop Trader focused on Middle East equities. This role involves developing quantitative trading strategies, executing trades, and managing trading risks. Candidates should possess a Master's degree in Financial Engineering and a strong trading background, particularly in the Middle East equity market.

Qualifications

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

Responsibilities

• Monitor and analyze markets to identify trading opportunities and develop strategies.
• Execute pair trading plans and manage market-neutral positions.

Skills

Quantitative skills

Research

Innovation

Python

C++

Education

Master’s degree in Financial Engineering

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 enhancing liquidity.

Founded in 2012, we have grown to $500 million USD in assets under management (AUM).

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

Responsibilities:

• Monitor and analyze markets to identify trading opportunities and develop long/short trading strategies and signals.
• Execute pair trading plans, maintaining market-neutral positions to achieve stable returns.
• Perform additional research and transaction tasks related to trading activities.
• Manage position risks effectively.

Qualifications:

• Master’s degree or higher in Financial Engineering or a related field.
• Minimum of 5 years trading experience with a consistent and positive PnL record.
• Experience in Middle East Equity Single Stock trading is required.
• Strong quantitative skills, with a knack for research and innovation.
• Proficiency in Python or C++ for coding research, models, and strategies is preferred.