Portfolio Manager
About the role
Your opportunity: Convertible Arbitrage Strategy Lead the North American Convertible Arbitrage strategy across idea generation, portfolio construction, execution, and risk management. Manage portfolio risk, financing, liquidity and hedging across the strategy. Expand the strategy through new trade types, market opportunities and enhanced analytical frameworks.
Responsibilities
- Derivatives & Trading: Provide deep expertise in listed and OTC derivatives. Work closely with the central trading desk executing: Vanilla equity options, OTC equity derivatives, Structured products. Maintain a detailed understanding of option pricing, volatility dynamics, financing, evolution of structured products and counterparty considerations.
- Equity Arbitrage & ECM: Build and manage strategies surrounding Equity Capital Markets (ECM) transactions as well as Equity Capital Structure. Assess transaction dynamics, liquidity, valuation, and execution risk to generate attractive risk-adjusted returns.
- Bank & Counterparty Relationships: Strengthen and expand relationships with global investment banks and broker-dealers. Increase access to proprietary deal flow, structured opportunities and financing solutions. Work closely with prime brokers and counterparties on financing, borrow availability and execution. Represent the firm externally with key market participants.
- Leadership: Work collaboratively with portfolio managers across the multi-strategy platform to identify cross-strategy opportunities. Share market insights and best practices across investment teams. Provide assistance on managing and execution for the range of existing structured products that are managed by the team. Contribute to the strategic development of the firm’s relative value and arbitrage capabilities. Carry out other duties as assigned.
Must have skills
- Extensive knowledge of relevant sector/product/instruments for the role
- Knowledge of financial modelling and/or VBA for more quantitative roles
- Knowledge of Bloomberg and other market data platforms
- Knowledge of Charles Rivers or other trade booking system
- Strong analytical mind-set
- Excellent written and verbal communication skills
- Excellent attention to detail
- Self-motivated and able to work independently
- Excellent time management skills
- Strong risk management skills
- Excellent presentation skills
- Ability to work effectively under pressure
- Strong interest in financial markets / macro economics
- Excellent interpersonal skills, with the ability to build and develop relationships internally and externally
Nice to have skills
- CFA qualified or equivalent work experience
- Degree educated in a business, math or finance discipline
Investment areas
Has responsibility for leading portfolios within global multi-strategy hedge fund strategy.
Supervisory responsibilities
No
Potential for growth
- Mentoring
- Leadership development programs
- Regular training
- Career development services
- Continuing education courses
Pay
The base salary range for this position is $250,000 – $275,000. This range is estimated for this role; actual pay may be different. Position may be eligible to receive an annual discretionary bonus award from the profit pool. The profit pool is funded based on Company profits. Individual bonuses are determined based on Company, department, team and individual performance.
Benefits
- Hybrid working and reasonable accommodations
- Generous Holiday policies
- Excellent Health and Wellbeing benefits including corporate membership to Wellhub
- Paid volunteer time to step away from your desk and into the community
- Support to grow through professional development courses, tuition/qualification reimbursement and more
- Maternal/paternal leave benefits and family services
- Unique employee events and programs
- Complimentary beverages, snacks and all employee Happy Hours