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 compensation, including bonuses and comprehensive health benefits.
- Why this job: Be part of a dynamic team at the cutting edge of trading technology and finance.
- Qualifications: Proven track record in risk-adjusted returns and strong communication skills required.
- Other info: This role offers a unique chance to thrive in a fast-paced, collaborative environment.
The predicted salary is between 72000 - 108000 £ per year.
A global $30bn+ trading firm are seeking an Equity Vol PM to join a rapidly growing options 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 options and volatility strategies. Being able to discuss current market conditions and how they affect trading will show your expertise and passion for the role.
✨Tip Number 2
Network with professionals in the trading industry, especially those who work in equity options. Attend relevant conferences or webinars to connect with potential colleagues and learn more about the firm's culture and expectations.
✨Tip Number 3
Prepare to demonstrate your risk management skills during interviews. Be ready to discuss specific examples of how you've navigated market volatility and made profitable decisions independently.
✨Tip Number 4
Showcase your ability to mentor others by sharing experiences where you've guided junior traders or collaborated with teams. This will highlight your leadership qualities and fit within the firm's community-driven environment.
We think you need these skills to ace Portfolio Manager - Equity Vol
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Portfolio Manager - Equity Vol position. Tailor your application to highlight your relevant experience in equity options and risk management.
Highlight Relevant Experience: In your CV and cover letter, emphasise your track record of strong risk-adjusted returns and your ability to operate independently. Use specific examples that demonstrate your success in various market conditions.
Showcase Communication Skills: Since strong communication abilities are crucial for this role, ensure your application reflects your capacity to explain complex methodologies clearly. Consider including instances where you've effectively communicated strategies to management or mentored junior traders.
Tailor Your Cover Letter: Craft a compelling cover letter that connects your skills and experiences directly to the job description. Mention your understanding of liquidity conditions and how they impact trading, as well as your enthusiasm for being part of a cutting-edge trading environment.
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 instances where you achieved strong risk-adjusted returns and explain the strategies you employed, especially in volatile market conditions.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice explaining your methodologies and thought processes clearly and concisely, as you'll need to convey complex ideas to both risk and trading management teams.
✨Demonstrate Risk Management Skills
Prepare examples that showcase your outstanding risk management capabilities. Discuss how you've navigated periods of market volatility and the impact of liquidity conditions on your trading decisions.
✨Engage with Quantitative Analysis
Since the role involves working closely with Quant and Data teams, be ready to discuss your experience with analytics and back-testing frameworks. Show your understanding of how data-driven insights can enhance trading strategies.