Global Head of Commodities & PM required for new systematic Commodities business build out at e[...]

J K Barnes; London; On-site; GBP 150,000 - 250,000; Full time

Job summary

An established hedge fund in the UK is seeking a Global Head of Commodities & PM to spearhead their new systematic Commodities business. The ideal candidate will have a strong track record in Commodities, managing PnL, and building successful verticals. This role offers autonomy and support from centralized quantitative resources.

Qualifications

• Proven track record in building successful Commodities verticals.
• Experience vetting PMs for onboarding.

Responsibilities

• Develop a PnL-driven Commodities business.
• Manage the entire Commodities suite.

Skills

Market Connectivity

Data Vendors

Commodities

Cross-Commodities Strategies

Cross Energy Strategies

Metals Strategies

Job description

Global Head of Commodities & PM required for new systematic Commodities business build-out at an established hedge fund

Come work in Estonia, where technology is thriving! Estonia offers a great place to work and live, with a clean and safe environment, excellent work-life balance, and being the #1 digital society with spacious countries. Get insider job offers and news on working in Estonia by following a guide to finding a job. Your input is valued.

Full Job Description

A close hedge fund client is building out a systematic Commodities business, headquartered in the UK. Currently, there is no exposure to Commodities, and they seek a Head of Commodities with PM responsibilities to develop a PnL-driven business, with the autonomy to manage the entire Commodities suite.

The ideal candidate must have a strong, proven, current track record, including building successful Commodities verticals and vetting PMs for onboarding.

Required relationships include market connectivity and data vendors, along with knowledge of costs and timelines. The fund will cover many startup costs, and there is flexibility regarding IP ownership and DD limits. Centralized quantitative resources will support infrastructure buildout.

Must have:

• PnL of $20Mn+ annually
• Current positive track record with a Sharpe ratio of 1.7+
• Extensive experience in the Commodities arena
• Experience building Commodities verticals
• Expertise in Cross-Commodities, Cross Energy, or Metals strategies