Portfolio Manager for systematic trading group recruitment
The Company
A proprietary Trading house based in Chicago with a focus on running systematic equity and equity linked strategies. The company primarily runs short to mid-terms strategies which are supported by robust infrastructure and derives its profitability through rigorous quantitative research.
The Group.
The systematic trading group is divided equally between “developers” and “scientists”, who are responsible for researching and creating the strategies the group runs. They have created a collegiate atmosphere where collaboration and inventive thinking is encouraged. Currently there is one Senior Portfolio manager who is responsible for the overall risk and capital allocation of the group’s strategies. They are looking to add individual who can work alongside the Senior PM in overseeing the day-to-day trading operation for the group as well assist with the on-going development of the group.
The Role
You will be working alongside the Senior PM to maximize the profits of the group through managing risk and appropriating capital allocation. This will involve monitoring the strategies and the portfolio as a whole and ensuring regulatory compliance through robust procedure.
Due to the positioning of the role, a strong quantitative background is essential to be able to work within the group: you will be working closely with the developers and scientists in generating and collating ideas, selecting strategies, collecting data etc.
Equity experience is necessary and there is a preference for someone who has either had some experience as a trader or someone who has worked alongside a senior trader, and has therefore had some prior responsibility over PnL. This is a role which offers growth, and my clients are looking to see forward thinking qualities, and if these are matched by professional capabilities, they are looking to see the successful candidate take on the responsibilities of the senior PM such that he can dedicate himself to other matters within the company.
Requirements
Masters or a strong Undergraduate degree in a quantitative subject from a top tier institution.
Quantitatively strong: especially in stats and modelling
Must have had experience in working in the financial markets: relevant exposure to financial markets, equities, trading compliance.
Some knowledge of R, SQL, Perl and Unix.
Compensation
Competitive Base + Merit based based Bonus
Contact Georgina (g.otten @qtgconsulting.com) for more information or to apply. Please ensure to include a contact number and convenient times to speak
My client is an an equal opportunities employer and will trat all applicants equally regardless of sexual orientation, religion, race, age, gender or disability