Associate Portfolio Manager Program - NY

Caxton Associates; New York (NY); On-site; USD 150,000 - 200,000; Full time

Job summary

An established industry player in global trading and investment is seeking driven individuals for their Associate Portfolio Manager Program. This prestigious program offers a unique pathway to become a senior Portfolio Manager, focusing on developing and implementing innovative investment strategies. Candidates with 3 to 10 years of experience in asset management or hedge funds will thrive in this dynamic environment. If you possess a passion for financial markets and a strong work ethic, this opportunity is your chance to contribute to a legacy of excellence and growth in the investment world. Join a team that values entrepreneurial spirit and continuous development.

Benefits

Professional Development Programs

Performance-Based Bonuses

Collaborative Work Environment

Qualifications

• 3-10 years of experience in asset management or hedge funds.
• Expertise in investment strategy and market implementation.

Responsibilities

• Develop and implement investment strategies across various markets.
• Collaborate with stakeholders while working independently.

Skills

Asset Management

Hedge Funds

Market Making

Investment Strategy Development

Collaborative Skills

Independent Work

Education

Bachelor's Degree in Finance or Related Field

Master's Degree in Finance or Related Field

Job description

Company Overview:

Caxton Associates, founded in 1983, is a global trading and investment firm with offices in London, New York, Monaco and Singapore. Caxton Associates’ primary business is to manage client and proprietary capital through global macro hedge fund strategies. Assets are managed via a broad mandate to trade in a variety of global markets and instruments.

At Caxton Associates, we have a longstanding tradition of nurturing premier investment talent. Our commitment to professional development led to the creation of the comprehensive two-year Associate Portfolio Manager (APM) Program in 2012. This program is an exceptional pathway for high-potential buy-side investors, outstanding sell-side trading talent, or world-class quantitative analysts across a spectrum of hedge fund disciplines, including discretionary macro, systematic macro, emerging markets macro, systematic trading, equity long-short, and event-driven strategies.

The APM Program offers immersive exposure and intensive training, refining participant's investment skills with the ultimate objective of enabling advancement to a senior Portfolio Manager position within Caxton. Over a quarter of our current Portfolio Managers, many of whom are now our most respected PMs, have risen through this very program, underscoring its success.

We are currently seeking candidates with a level of experience between 3 to 10 years in either asset management, hedge funds and/or market making. The ideal candidate should have expertise in, and ideally direct experience implementing, the proposed investment strategy and related markets. We appreciate entrepreneurial risk-takers with a desire to build and grow their investment strategy. The ability to work both independently and collaboratively with various stakeholders is crucial, as is a demonstrated capacity for continuous growth and evolution.

If you harbor an unwavering passion for the financial markets, possess a strong work ethic, and meet the above criteria, we invite you to apply. Please submit your CV, investment track record (if available), and a detailed outline of your proposed investment strategy. A comprehensive strategy outline is a critical component of your application.

We eagerly anticipate the opportunity to explore your potential and welcome your contribution to the continuing legacy of Caxton.

For New York-based applicants, the base pay range for this role is between $150,000 and $200,000 annually. Actual base pay will be determined based on several factors, including, but not limited to, relevant experience, business needs, and market demands. In addition to the base pay, successful candidates will receive a formulaic percentage of their trading profitability.