At a Glance
- Tasks: Manage equity options using volatility strategies and mentor junior traders.
- Company: Join a global trading firm with over $30bn in assets, renowned for its innovative tech.
- Benefits: Enjoy competitive bonuses, company-paid medical benefits, and a dynamic work environment.
- Why this job: Be part of a cutting-edge team that thrives on excitement and innovation in trading.
- Qualifications: Proven track record in risk-adjusted returns and strong communication skills required.
- Other info: This role offers a unique chance to influence trading strategies and outcomes.
The predicted salary is between 43200 - 72000 £ per year.
A global $30bn+ trading firm are seeking an Equity Vol PM to join a rapidly growing team. They have built one of the world’s most sophisticated computing environments for research and development, bringing a scientific approach to trading financial products.
Responsibilities:
- Taking positions in Equity Options markets using volatility strategies
- Communicating with Risk & Trading management teams about strategies and reasons for taking certain risks
- Keeping track of trade execution costs & market impact and reporting this back
- Supporting analytics and back-testing framework for your trades by working with Quant and Data teams
- Mentoring junior traders
Requirements:
- Multiple years of strong risk-adjusted returns in a variety of market conditions
- Strong communication abilities in explaining your methodologies
- Ability to make profits independently without reliance on client flow
- Outstanding risk management capabilities during periods of market volatility
- In-depth understanding of how liquidity conditions impact the products you specialize in trading
This is an amazing opportunity to join a leading trading company and generate PnL. This firm has cultivated a community of self-starters who are motivated by the excitement of being at the forefront of trading technology. A sign-on and formula-based bonus may be provided as part of the total compensation package, in addition to company-paid medical/other benefits. Apply now to learn more.
Portfolio Manager - Equity Vol employer: Algo Capital Group
Contact Detail:
Algo Capital Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Manager - Equity Vol
✨Tip Number 1
Familiarise yourself with the latest trends in equity volatility trading. Understanding current market conditions and how they affect liquidity can give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the trading industry, especially those who specialise in equity options. Engaging with them can provide insights into the firm’s culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss your past trading strategies and the risk management techniques you've employed. Being able to articulate your thought process clearly will demonstrate your strong communication skills, which are crucial for this role.
✨Tip Number 4
Showcase your ability to work collaboratively with quantitative and data teams. Highlight any previous experiences where you’ve successfully supported analytics or back-testing frameworks, as this aligns well with the responsibilities of the position.
We think you need these skills to ace Portfolio Manager - Equity Vol
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in equity options and volatility strategies. Include specific examples of your risk-adjusted returns and how you've navigated different market conditions.
Craft a Compelling Cover Letter: In your cover letter, explain your methodologies clearly and how they align with the firm's approach to trading. Emphasise your communication skills and ability to work independently, as these are key for this role.
Showcase Your Analytical Skills: If you have experience with analytics or back-testing frameworks, be sure to mention it. Discuss any collaboration with quant and data teams, as this will demonstrate your ability to support the firm's trading strategies.
Highlight Mentorship Experience: If you've mentored junior traders before, include this in your application. It shows leadership qualities and your commitment to fostering a collaborative environment, which is valued by the firm.
How to prepare for a job interview at Algo Capital Group
✨Showcase Your Trading Experience
Be prepared to discuss your previous trading experiences in detail. Highlight specific strategies you've employed, particularly in equity options and volatility trading, and be ready to explain the rationale behind your decisions.
✨Demonstrate Strong Communication Skills
Since the role requires communicating with risk and trading management, practice articulating your thought process clearly. Use examples from your past where you successfully communicated complex ideas or strategies to different stakeholders.
✨Understand Market Conditions
Brush up on current market conditions and how they affect liquidity and volatility. Be ready to discuss how you adapt your trading strategies based on these conditions and provide insights into your risk management techniques.
✨Prepare for Technical Questions
Expect technical questions related to risk management and trade execution costs. Review key concepts and be ready to discuss how you track and report these metrics, as well as how they influence your trading decisions.