Portfolio Manager

talisman; United States; On-site; USD 200,000 - 350,000; Full time

Benefits offered by this job

Profit sharing

Flat structure

Job summary

talisman seeks a Portfolio Manager to run risk on their own capital with full autonomy over the book. This role demands attributable P&L in dollars and independent decision-making without external execution. The PM will take directional and relative value positions while actively managing risk in real time.

Responsibilities include running the book, sizing, hedging, and adapting exposure to changing conditions. A strong track record in high-pressure, results-driven environments is essential.

Qualifications

• Must have a demonstrable, attributable P&L with own book.
• Experience running own risk, not just executing for others.
• Strong data analysis and decision-making under pressure.

Responsibilities

• Run your own book with full discretion over strategy and sizing.
• Take directional and relative value positions across chosen products.
• Manage risk in real time, including sizing, hedging and exposure adjustments.
• Develop and scale strategies without a fixed house model.

Skills

Attributable P&L

Own risk management

Data analysis

Pressure handling

Tools

Execution tooling

Trading systems

Data analysis tools

Job description

We're partnering with an established proprietary trading firm on a search for a Portfolio Manager to run risk on their own capital. This is a risk-taking seat with full autonomy over your book.

This is not portfolio management in the asset management sense, and it is not execution. You need attributable P&L in dollars from a book you ran yourself, not benchmark-relative returns.

Responsibilities

• Run your own book and your own risk with full discretion over strategy and sizing


• Take directional and relative value positions across your chosen products


• Manage risk in real time, including sizing, hedging and adjusting exposure through changing conditions


• Develop and scale your own strategies without a fixed house model

Requirements

• 4+ years of profitable P&L in dollars


• Experience running your own risk rather than executing for others


• Depth in one or more of: equity options and volatility, capital structure arbitrage, listed derivatives, ETFs and index arbitrage, FX, macro or EM FX. Other products considered where the track record is strong


• Comfort with data and execution tooling


• Track record of performing in a high pressure, results driven environment

What's on offer

Competitive base plus a meaningful profit split on what you generate. Flat structure, short decision chain, no client business and no franchise flow.