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- Tasks: Manage a dedicated volatility trading book and deploy scalable strategies across global equity index markets.
- Company: Leading global hedge fund with $40bn in assets under management.
- Benefits: Access to top-tier infrastructure and significant capital allocation.
- Other info: Opportunity to mentor junior talent and grow within a collaborative platform.
- Why this job: Join a dynamic team and make impactful decisions in a high-stakes environment.
- Qualifications: Proven track record in equity index volatility strategy and strong risk management skills.
The predicted salary is between 150000 - 200000 £ per year.
A leading global multi-strategy hedge fund with approximately $40bn in assets under management is seeking an experienced Equity Index Volatility Portfolio Manager to build and manage a dedicated volatility trading book. This is a senior, revenue-generating role with significant capital allocation, access to best-in-class infrastructure, and a mandate to deploy scalable, risk-adjusted strategies across global equity index volatility markets.
Role Responsibilities
- Run a risk-defined equity index volatility book within the firm’s multi-PM platform, with full accountability for P&L, drawdowns, and capital usage.
- Deploy capital across listed and OTC volatility instruments, including index options, VIX products, and variance-linked structures.
- Identify and monetize inefficiencies in volatility markets across implied versus realised volatility, term structure, skew, convexity, and cross-market relative value.
- Actively manage net and gross exposures with a focus on vega, gamma, tail risk, liquidity, and scenario-based risk management.
- Generate consistent, uncorrelated returns while operating within strict risk limits and stop-loss frameworks.
- Collaborate closely with central risk, execution, and technology teams to improve pricing, analytics, and implementation.
- Adapt positioning dynamically in response to market regime shifts, macro developments, and volatility supply-demand dynamics.
- Build, mentor, and manage junior talent where appropriate to support the scaling of the strategy.
Requirements
- Demonstrated track record managing an equity index volatility strategy with consistent, risk-adjusted profitability (At least $20m in annual PnL).
- Deep understanding of volatility dynamics, including surface construction, term structure, skew, and the behaviour of key Greeks.
- Proven ability to generate returns across different market regimes while maintaining disciplined risk management.
- Highly commercial mindset, with a focus on capital efficiency, scalability, and alignment with platform objectives.
- Ability to operate autonomously while integrating effectively within a centralized risk and infrastructure model.
- Experience building or mentoring a team is advantageous.
For more information: thomas@pointonetalent.com
Equity Index Volatility Portfolio Manager employer: Point One - Hedge Fund Talent
Contact Detail:
Point One - Hedge Fund Talent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Equity Index Volatility Portfolio Manager
✨Network Like a Pro
Get out there and connect with industry professionals! Attend finance meetups, webinars, or even casual coffee chats. We all know that sometimes it’s not just what you know, but who you know that can land you that dream role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your past successes in managing volatility strategies and how you’ve navigated different market regimes. We want to see your passion and expertise shine through!
✨Be Ready for the Tough Questions
Prepare yourself for some tricky questions about risk management and capital allocation. Think about how you would handle various scenarios and be ready to discuss your thought process. We love seeing candidates who can think on their feet!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for talented individuals like you to join our team and make an impact.
We think you need these skills to ace Equity Index Volatility Portfolio Manager
Some tips for your application 🫡
Show Off Your Experience: Make sure to highlight your track record in managing equity index volatility strategies. We want to see those impressive numbers, like your annual P&L, so don’t hold back!
Get Technical: Dive into the nitty-gritty of volatility dynamics in your application. We love candidates who can talk about term structure, skew, and the Greeks like it's second nature. It shows you know your stuff!
Be Clear on Risk Management: Since this role is all about disciplined risk management, make sure to explain how you've successfully navigated different market regimes while keeping risks in check. We’re all about that balance!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to get your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Point One - Hedge Fund Talent
✨Know Your Volatility Inside Out
Make sure you have a deep understanding of volatility dynamics, including surface construction and the behaviour of key Greeks. Brush up on your knowledge of index options, VIX products, and variance-linked structures, as these will likely come up in conversation.
✨Showcase Your Track Record
Be prepared to discuss your previous experience managing an equity index volatility strategy. Highlight specific examples where you've achieved consistent, risk-adjusted profitability, ideally with figures that demonstrate your success, like annual P&L results.
✨Demonstrate Risk Management Skills
Since this role involves strict risk limits and stop-loss frameworks, be ready to talk about your approach to risk management. Share examples of how you've managed net and gross exposures while focusing on vega, gamma, and tail risk.
✨Emphasise Team Leadership Experience
If you've built or mentored a team before, make sure to highlight this during the interview. Discuss how you've supported junior talent and contributed to scaling strategies, as collaboration is key in this role.