Senior Portfolio Manager

Belvedere Trading; Chicago (IL); Hybrid; USD 140,000 - 240,000; Full time

Job summary

An established industry player is seeking an experienced Portfolio Manager to lead the charge in automated trading strategies. This role offers the opportunity to design and manage innovative trading models across various asset classes, leveraging a strong background in quantitative research and programming. Join a dynamic team that thrives on intellectual curiosity and collaboration, driving the future of trading in a fast-paced environment. With a commitment to diversity and inclusion, this firm welcomes passionate individuals ready to make a significant impact in the financial markets.

Qualifications

• 5+ years managing a live portfolio with automated strategies.
• Strong background in quantitative research and statistical modeling.

Responsibilities

• Design and manage automated trading strategies across asset classes.
• Collaborate with teams to optimize data infrastructure and execution systems.

Skills

Quantitative Research

Statistical Modeling

Machine Learning

Programming (Python, C++, R)

Risk Management

Portfolio Optimization

Analytical Skills

Problem-Solving Skills

Education

Ph.D. in Computer Science

Ph.D. in Engineering

Ph.D. in Applied Mathematics

Job description

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago, with a satellite office in Boulder, Colorado. Our teams work hard to provide liquidity to the market through their market-making activities by combining their deep expertise in commodities, interest rates, exchange-traded funds (ETFs), and equity index options with a cutting-edge technological system. Our trading models and software systems are continually developed, optimized, and upgraded in order to stay competitive in an ever-changing market. We work closely with our technology team to continuously and iteratively improve our proprietary solutions.

High-performance proprietary development is the source of our success and competitive advantage at Belvedere, further fueling our passion for performance. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. We place a high premium on defining, developing, and deploying high-performance trading software using a team-based, holistic development approach. We are looking for passionate team members whose contributions will be critical to our continued success.

We are seeking an experienced Portfolio Manager with a Ph.D. and 5+ years of proven track record managing capital using automated, model-driven strategies. The ideal candidate is a scientifically minded investor who relies on systematic research, machine learning, and algorithmic frameworks to build, manage, and refine their portfolio.

What you'll do

• Design, test, and manage automated trading strategies across one or more asset classes including stocks, futures, bonds, and options
• Develop and refine quantitative models for alpha generation, portfolio construction, and risk control
• Embrace the uncertainty persistent in the marketplace to balance the risk-reward in each individual trade
• Monitor and adjust models in production based on performance and changing market dynamics
• Collaborate with researchers and engineers to optimize data infrastructure, simulation tools, and execution systems
• Provide macro guidance on the exchange-traded portfolio and other private market investments of the family office
• Evaluate new data sources to enhance strategy edge
• Maintain robust performance attribution and risk reporting

What you'll need

• Ph.D. in Computer Science, Engineering, Applied Mathematics, or a related quantitative field
• 5+ years of experience managing a live portfolio using automated or algorithmic strategies
• Strong background in quantitative research, statistical modeling, and signal development
• Demonstrated ability to build and maintain a systematic investment process with limited discretionary intervention
• Proficiency in programming languages such as Python, C++, R, or similar
• Deep understanding of risk management, execution algorithms, and portfolio optimization
• Strong communication, analytical, and problem-solving skills with solid reasoning in data driven and theoretical approaches
• Active team player motivated by a fast-paced environment and conviction to focus on difficult, long-duration problems that require iteration
• Familiarity with machine learning, reinforcement learning, or online learning techniques in trading contexts a plus
• Availability to work in a hybrid structure out of our Chicago or Boulder offices

$140,000 - $240,000 a year

Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website here.

Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications. We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.

Core Values

The secret to our award-winning culture is our Core Values:Team Belvedere, Me in Team, Own It, Iterative Innovation,andPassionate Discourse.We embody these values every day.

Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.

Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.

Hybrid Work Structure

This position will be based in either Chicago, Illinois or Boulder, Colorado, with the option to work in a hybrid structure with a minimum of three days in the office.