What are the responsibilities and job description for the Portfolio Manager - Intraday Equities (Statistical Arbitrage) position at Onyx Alpha Partners?
Portfolio Manager - Intraday Equities (Statistical Arbitrage)
Firm Overview:
Join a distinguished proprietary trading firm celebrated for its enviable and a robust track record in quantitative investing. The leadership of the firm are deeply invested in developing some of the industry’s most successful portfolio managers underscores their commitment to excellence and innovation. In a structure designed to foster agility and specialization, they empower our Portfolio Managers with substantial capital and cutting-edge resources, enabling them to excel in executing short-term equity arbitrage strategies across global equities.
The Opportunity:
We are actively seeking an exceptional Portfolio Manager - Intraday Equities specializing in statistical arbitrage. This role is crucial within the firms pod structure, designed to maximize the talents of high-performing managers eager to leverage significant capital and advanced trading technologies.
Key Responsibilities:
- Develop and implement robust intraday trading strategies focused on statistical arbitrage across global equities markets.
- Contribute to your pods knowledge base by mentoring junior traders and quant researchers, fostering a culture of continuous learning and innovation.
Requirements:
- Proven Excellence: Demonstrated consistent track record with a minimum $20M PnL and 3.0 Sharpe ratio.
- Market Microstructure: Extensive knowledge and experience in intraday trading across global equities markets.
- Leadership and Teamwork: Ability to lead a trading pod effectively, with experience in mentoring and developing junior talent.
- Strategic Innovation: Adept at developing and implementing cutting-edge statistical arbitrage strategies in a fast-paced environment.
Why Apply:
- Access to Capital and IP: Operate with substantial capital allocation, giving you the freedom to execute large-scale trades, while retaining your IP.
- Advanced Resources: Utilize state-of-the-art trading technologies and data analytics tools to maximize your trading strategies’ effectiveness.
- Leadership and Development: Be part of a firm that values the growth and development of its PMs, offering opportunities to mentor and lead while enhancing your own skills and strategies.
- Competitive Compensation: Aggressive payout structure 20-50% of PnL, with first year guarantee and deferred bonus buyouts.
Salaries: $150,000 - 250,000 salary performance bonuses.
Application Process:
At Onyx Alpha Partners, we are dedicated to connecting exceptional talent with unparalleled opportunities. If leading a high-potential equities trading pod aligns with your professional aspirations, we encourage you to apply. Explore the opportunity to drive innovation and achieve unparalleled success in a collaborative, high-growth environment.
Salary : $150,000 - $250,000
