Equity Long-Short Portfolio Manager — High-Impact Alpha

JW Michaels & Co.; New York (NY); On-site; USD 200,000 - 250,000; Full time

Benefits offered by this job

Health insurance

Wellness program

Dental plan

Vision plan

Parental leave

Tuition reimbursement

Job summary

Our Client, a $20B global hedge fund, seeks an experienced US-based Equity Long-Short Portfolio Manager. Role can be located in the US or London, with options for EU/AP candidates. Manage a market-neutral book, targeting >10% annualized returns and a Sharpe of ~2+.

Requirements include 5+ years running a significant long-short book with >$250M gross capital, strong financial modeling, and expansive industry connections. Competitive base salary with discretionary bonus and generous benefits.

Qualifications

• 5+ years’ experience managing an Equity Long-Short portfolio with >$250M gross capital and a return profile >10% and a Sharpe of ~2+

Responsibilities

• Independently manage an Equity Long-Short capital allocation.
• Maintain low net delta and ~70%+ idiosyncratic risk attribution.
• Target volatility of 4–7% with max drawdown ~7% of allocated capital.
• Leverage market and industry fundamental analysis to generate alpha.
• Actively manage risk, assessing all positions and investment theses.
• Collaborate with research, data, risk, technology, compliance and operations to optimize performance.

Skills

Portfolio management

Financial modeling

Sector analysis

Competitive analysis

Industry connectivity

Communication skills

Decision making

Job description

Our Client, a $20B global hedge fund, seeks an experienced US-based Equity Long-Short Portfolio Manager. Role can be located in the US or London, with options for EU/AP candidates. Manage a market-neutral book, targeting >10% annualized returns and a Sharpe of ~2+.

Requirements include 5+ years running a significant long-short book with >$250M gross capital, strong financial modeling, and expansive industry connections. Competitive base salary with discretionary bonus and generous benefits.