Equity Index Volatility Portfolio Manager in London
Equity Index Volatility Portfolio Manager

Equity Index Volatility Portfolio Manager in London

London Full-Time 100000 - 150000 £ / year (est.) No home office possible
Point One - Hedge Fund Talent

At a Glance

  • 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, competitive compensation, and opportunities for mentorship.
  • Other info: Opportunity to build and mentor junior talent while driving innovative trading strategies.
  • 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 100000 - 150000 £ 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.

Equity Index Volatility Portfolio Manager in London employer: Point One - Hedge Fund Talent

As a leading global multi-strategy hedge fund, we pride ourselves on fostering a dynamic and innovative work environment that empowers our employees to excel. With access to cutting-edge infrastructure and significant capital allocation, our Equity Index Volatility Portfolio Manager role offers unparalleled opportunities for professional growth and mentorship within a collaborative team. Join us in a culture that values risk management, strategic thinking, and the pursuit of consistent, uncorrelated returns in the fast-paced world of volatility trading.
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 in London

✨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 challenging questions about risk management and capital allocation. We recommend practising your responses to demonstrate your deep understanding of volatility dynamics. Confidence is key!

✨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 love seeing candidates who take the initiative to engage with us directly.

We think you need these skills to ace Equity Index Volatility Portfolio Manager in London

Equity Index Volatility Management
Risk Management
P&L Accountability
Capital Allocation
Volatility Trading Strategies
Market Analysis
Volatility Instruments (Index Options, VIX Products, Variance-Linked Structures)
Inefficiency Monetisation in Volatility Markets
Exposure Management (Vega, Gamma, Tail Risk)
Scenario-Based Risk Management
Collaboration with Risk and Technology Teams
Dynamic Positioning
Team Building and Mentoring
Commercial Mindset
Capital Efficiency

Some tips for your application 🫡

Show Off Your Experience: When you're writing your application, make sure to highlight your experience managing equity index volatility strategies. We want to see that you've got a solid track record of generating consistent, risk-adjusted profitability. Don't be shy—this is your chance to shine!

Get Technical: Dive into the nitty-gritty of volatility dynamics in your application. We’re looking for someone who understands surface construction, term structure, and the behaviour of key Greeks. Use specific examples to demonstrate your knowledge and how it’s helped you in past roles.

Focus on Risk Management: Make sure to emphasise your disciplined approach to risk management. Talk about how you've managed net and gross exposures, and how you've navigated different market regimes while keeping within strict risk limits. This is crucial for us!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy—just follow the prompts!

How to prepare for a job interview at Point One - Hedge Fund Talent

✨Know Your Numbers

Make sure you can confidently discuss your past performance metrics, especially your P&L figures. Be ready to explain how you've managed risk and capital allocation in previous roles, as this will show your understanding of the financial intricacies involved.

✨Master the Volatility Landscape

Brush up on your knowledge of volatility dynamics, including term structure and the behaviour of key Greeks. Prepare to discuss specific strategies you've employed to identify and monetise inefficiencies in the market, as this will demonstrate your expertise in the field.

✨Showcase Your Team Leadership Skills

If you've had experience building or mentoring a team, be sure to highlight this during the interview. Discuss how you've supported junior talent and contributed to a collaborative environment, as this aligns with the role's responsibilities.

✨Stay Current with Market Trends

Be prepared to discuss recent macro developments and how they impact volatility markets. Showing that you can adapt your strategies based on market regime shifts will illustrate your proactive approach and deep understanding of the industry.

Equity Index Volatility Portfolio Manager in London
Point One - Hedge Fund Talent
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>