Head of Derivatives, Portfolio Manager
Harbor Capital Advisors, Inc. · New York, NY · 2 wk ago
HybridFinance$225k–$300k/yrFull-time
Key Responsibilities
- Design, launch, and manage a suite of derivatives-based ETFs (e.g., covered call, collar, systematic option carry/overlays, structured payoff replication) in close collaboration with Harbor’s Product team.
- Own portfolio construction, risk budgeting, and hedging frameworks (Greeks, stress tests, drawdown/tail risk).
- Lead implementation and execution across Navigator Series by partnering with leading banks and working with them to design tax efficient implementation strategies inside an ETF.
- Partner with Investment Operations, Compliance, Capital Markets, and the ETF Operations teams on ETF mechanics (baskets, collateral, daily processes, derivatives risk management).
- Work closely with Harbor’s Distribution team to drive distribution strategy, with heavy participation in client meetings (at least initially) and to take ownership and drive revenue growth.
- Contribute to multi-asset idea generation and collaborate on overlays and tactical opportunities across equities, rates, credit, vol, and FX.
Minimum Qualifications
- 5–10 years of derivatives portfolio management experience (asset management / ETF / institutional / trading / structuring preferred).
- Business owner mentality – someone who wants to work in a fast paced, entrepreneurial environment and establish a brand-new business line.
- Strong academic record - Bachelor's/University degree required; Master's degree and/or CFA preferred but not required.
- Demonstrated ability to balance strategic thinking with hands-on execution, attention to detail, and cross functional collaboration.
- FINRA licenses: Series 7 and 63 required.
Knowledge, Skills, & Abilities Required
- Strong macro investor mindset with the ability to analyze the broader economic and market backdrop and convert those insights into actionable alpha ideas.
- ETF experience and a passion for tax-aware investing is a must.
- Demonstrated strength in risk management and communicating strategy/positioning to internal and external stakeholders.
- Strong expertise in options and/or FICC, systematic implementation, and real-world execution constraints.
Pay Range
Compensation Pay Range: This position offers a competitive base salary range of $225,000–$300,000, commensurate with experience and qualifications.
Schedule
This position is a hybrid opportunity based in our New York, Chicago or Boston office.