Quantitative Portfolio Manager (Equity Options) (City of London)

Company Overview:

Our client is a leading $25 billion global multi-strategy hedge fund, renowned for fostering innovation and empowering exceptional talent. The firm’s culture of collaboration and excellence attracts world-class portfolio managers and quantitative researchers who thrive on developing cutting-edge trading strategies.

Role Overview:

We are seeking a Quantitative Portfolio Manager specializing in Equity Options strategies to join our client’s dynamic trading platform. The ideal candidate will have a proven track record of generating at least $20 million in annual P&L from systematic equity options trading.

This is a unique opportunity to leverage significant capital and infrastructure, collaborating with top-tier technologists, researchers, and risk managers to maximize alpha generation.

Key Responsibilities:

• Develop, implement, and manage systematic trading strategies in equity options markets.
• Analyze large data sets to identify and exploit alpha opportunities across volatility surfaces, term structures, and relative value.
• Manage risk dynamically across various market regimes and ensure alignment with firm-wide risk parameters.
• Collaborate with in-house quant researchers, data scientists, and technology teams to optimize execution and performance.
• Continuously enhance strategies using rigorous backtesting, stress testing, and advanced analytics.
• Contribute to the firm’s culture of innovation and continuous improvement.

Qualifications:

• Minimum of 5 years’ experience in trading equity options within a hedge fund, proprietary trading firm, or bank.
• Proven annual P&L track record of at least $20 million trading equity options.
• Expertise in options pricing models, volatility trading, and cross-asset correlations.
• Advanced programming skills (Python, C++, or similar) for research, modeling, and analytics.
• Strong quantitative and analytical skills with a deep understanding of market microstructure and risk management.
• Entrepreneurial mindset with the ability to thrive in a collaborative and performance-driven culture.
• Excellent communication skills and ability to work in a fast-paced, dynamic environment.

For more information: thomas@pointonetalent.com