Consumer Equity L/S Portfolio Manager - New York

Caxton Associates; New York (NY); On-site; USD 225,000 - 275,000; Full time

Benefits offered by this job

Bonus potential

Employee benefits

New York based

Job summary

Caxton Associates in New York seeks an Equity Long/Short Portfolio Manager with a proven alpha in global consumer equities. You will manage significant capital allocations and oversee rigorous risk management across active positions.

We value collaboration and ongoing dialogue on macro trends and market evolution; you will extract insights to inform the team and generate alpha within your mandate, contributing to a high-performing global investment platform.

Qualifications

• Proven track record in Equity Long/Short investing.
• Experience validating alpha generation in global markets.
• Strong financial modelling and risk assessment skills.
• Demonstrated ability to manage large capital with disciplined risk controls.
• Collaborative working style within a global team.
• Commitment to high ethical standards and integrity.
• Ability to perform under pressure and make timely decisions.

Responsibilities

• Independently manage capital with an Equity Long/Short strategy.
• Construct portfolios with balanced exposures and low net delta.
• Conduct market and industry research and analyze business cycles.
• Implement stringent risk management and evaluate investment theses.
• Collaborate with a global team to share insights and drive alpha.
• Ensure compliance with industry rules and internal policies.

Skills

Equity L/S

Portfolio management

Financial modelling

Risk management

Team collaboration

Ethics and integrity

Decision making under pressure

Job description

Company Overview

Caxton Associates, founded in 1983, is a global trading and investment firm with offices in London, New York, Singapore, Monaco, Dubai and Bengaluru. Caxton Associates' primary business is to manage client and proprietary capital through multiple liquid global hedge fund disciplines, including discretionary macro, systematic macro, emerging markets macro, systematic trading, equity long-short, and event-driven strategies. Assets are managed via a broad mandate to trade in a variety of global markets and instruments with a focus on alpha generation for our clients.

The Role

Caxton Associates is seeking an Equity L/S PM with demonstrable alpha in global consumer equities. In this pivotal role, you will be entrusted with managing a significant capital allocation and overseeing rigorous risk management across all active positions.

In our organization, we place a high value on collaboration, promoting regular and ongoing discussions about global macroeconomic trends, geopolitical developments, and the evolution of financial markets. Professionals who can extract key insights from their investment universe to inform and shape the broader team's perspective and leverage this collective knowledge to generate alpha within their mandate will find this is the perfect platform for their talents.

Key Responsibilities

• Independently manage a significant capital allocation by creating, executing, and monitoring an Equity Long/Short strategy
• Construct portfolios with a focus on maintaining low net delta, balanced factor and industry exposure, and high idiosyncratic risk attribution.
• Conduct thorough market and industry research, fundamental business analysis, and business cycle research.
• Implement stringent risk management, actively assessing the merits of all positions and investment theses
• Collaborate effectively within a global team environment, learning from and adding value to collective insights and expertise
• Ensure strict compliance with all industry rules, regulations, and internal company policies

Requirements

• Proven track record in Equity Long/Short, demonstrated by robust investment acumen and a Sharpe Ratio greater than 1.5
• A minimum of 5 years of experience in portfolio management, preferably within a hedge fund
• Proficiency in financial modelling, sector analysis, business structure analysis, and conducting business cycle research.
• Demonstrated expertise in the industries and/or regions of focus, as well as risk management techniques for equity portfolios.
• Humility and the capacity to thrive in a highly collaborative global team, with a strong desire to learn from and alongside other investors
• Unwavering commitment to the highest standards of ethics and integrity
• Exceptional decision-making abilities, capable of performing well under pressure

Benefits

• With respect to New York-based applicants, the base pay for this role is $250,000 annually.
• The total compensation is dependent upon several factors, including, but not limited to, relevant experience, business needs and market demands.
• This role may also be eligible for bonus compensation and employee benefits.