Portfolio Manager ECM US

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets. We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters—it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

About the role

We are seeking an experienced Portfolio Manager to help expand our Equity Capital Markets (ECM) investment strategy across the Americas (US, CA, LatAm) region. This is a hands-on, revenue-generating role that combines direct P&L responsibility (ECM and aftermarket opportunities mandate) and entrepreneurial tasks related to branding and positioning of the franchise. The position carries P&L responsibility within DRW’s ECM investment strategy mandate, including aftermarket opportunities.

Our strategy centers on in-depth fundamental analysis in an ECM and general event context (spin-offs, private/public, listing migrations, other non-M&A events, etc.) and an unconstrained duration framework.

Responsibilities

• Manage day-to-day ECM agenda engagement
• Lead live deal engagement and market sounding procedures
• Execute on aftermarket opportunities
• Build-out key stakeholder relationships with private equity sponsors, advisors, corporates, state entities, and others
• Maintain regular dialogue with equity syndicate desks across the region
• Help build our ECM investment pipeline through private company engagements
• Position DRW as a top-tier ECM investor in the Americas region
• Expand non-standard transaction activity (increase participation in bilateral trades, club deals, and other bespoke ECM transactions)

Requirements

We are seeking an experienced Portfolio Manager to help expand our Equity Capital Markets (ECM) investment strategy across the Americas region. This role combines risk-taking responsibilities as part of a regional ECM investment mandate with business and relationship development responsibilities.

Pay

The annual base salary range for this position is $150,000 to $250,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus.

Benefits

• Group medical, pharmacy, dental, and vision insurance
• 401k with discretionary employer match
• Short- and long-term disability insurance
• Life and AD&D insurance
• Health savings accounts
• Flexible spending accounts