Portfolio Manager, Alternative Risk Premia

About the role

We are seeking a Portfolio Manager to lead the research, construction, and day-to-day management of our Alternative Risk Premia (ARP) strategies. This is a hands-on, multi-asset role that blends rigorous quantitative research with practical, real-money portfolio management.

Responsibilities

• Own the end-to-end management of the ARP book, including research, portfolio construction, implementation, rebalancing, and risk budgeting across asset classes.
• Research, design, and validate systematic signals and evaluate candidate factors for statistical robustness and economic intuition, with a thoughtful approach to capacity, turnover, overfitting, and live-versus-back test tracking.
• Define and monitor the ARP framework to impose strong risk discipline, with specific focus on risk exposure, leverage, liquidity, and stress/scenario analysis.
• Oversee a team of quantitative researchers, and collaborate with other multi-asset investment teams, traders, solutions portfolio managers, and risk and operations teams to take ideas from research into robust, scalable production.
• Engage with clients and prospects as needed to support marketing efforts, client service, and distribution opportunities.
• Stay current with academic and practitioner research on factor investing, and continuously improve the strategy's signals, execution, and infrastructure.

Requirements

• Experience, Education & Certifications:
  • Requires 10+ years of experience in a systematic or quant finance role, with 5+ years managing ARP portfolios.
  • Bachelor's degree in quantitative discipline: mathematics, statistics, physics, financial engineering, computer science, economics, or a related field.
  • Advanced degree and/or professional certification (CFA, CQF, FRM) preferred.
• Technical Skills:
  • Experience working with python and AI coding tools in a professional investment setting, e.g. conducting research, producing analytics, and automating reporting.
  • Hands-on experience trading derivatives, with practical fluency in instruments such as equity futures and swaps, interest rate futures and swaps/swaptions, FX forwards, total return swaps, and commodity futures – including risk, margin, financing, and execution characteristics.

Qualifications

• Excellent written and verbal communication skills, with the ability to explain complex strategies and results to both technical and non-technical audiences.
• Track record of publishing or presenting original research on factor investing or systematic strategies preferred.
• Prior experience managing quant researchers and an entrepreneurial mindset to driving commercial success for the ARP platform.

Skills

• Strong analytical and problem-solving skills.
• Ability to manage multiple projects simultaneously.
• Effective communication and collaboration skills.
• Knowledge of factor investing and systematic strategies.

Benefits

We offer a comprehensive Total Rewards package designed to support your well-being and recognize your time, talents, and results. Highlights include:

• Paid Time Off: Three weeks of PTO in your first year.
• Health Coverage: Competitive medical, dental, and vision insurance.
• Retirement Savings: 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits.
• Equity & Investing: Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities.
• Learning Education Assistance Program (LEAP): To support your ongoing growth and career advancement.
• Employee Investment Benefits: Opportunity to purchase company funds with no sales charge.

Pay

The annual salary for this position ranges between $200,000 to $250,000, plus an annual discretionary bonus, depending on location and level of relevant experience.

Schedule

A hybrid work schedule is offered. Work Location: Boston, MA.