Macro RV Portfolio Manager

Role Overview

We have partnered with a fast-growing macro hedge fund (multi-billion AUM) looking to make multiple Portfolio Manager hires as part of a strategic expansion of its investment platform. The firm is now looking to onboard Macro RV PM talent with specialisations across various disciplines, including: Rates Vol, Swaps RV, Inflation, Equity Vol, and Credit Vol.

This is an opportunity to join an elite team where each hire is high-conviction and high-impact - not one of dozens of pods, but a firm where collaboration, discipline, and specialist edge drive capital allocation decisions.

Key Responsibilities

• Run and scale a macro relative value strategy, with a focus on Swaps RV, Rates Vol, Inflation, Equity Vol, or Credit Vol
• Deploy firm capital with discipline, operating within a defined risk framework targeting high Sharpe, low drawdown returns
• Build around core specialization: Traders are expected to lead with deep expertise in one market and thoughtfully expand into adjacent areas as performance justifies
• Actively contribute to firm culture: This is a lean, collaborative, high-touch environment where every hire shapes the business

Requirements & Qualifications

• Strategy Expertise:
• Deep experience running a macro RV book (with specific expertise in a niche/core strategy mentioned above)
• Performance Track Record:
• Minimum average annualized P&L of $10-$25mm+
• Sharpe of 1.5-2+ preferred
• Track record of consistency: e.g., 6 out of 7 up years, low drawdowns
• Risk Discipline:
• Strong understanding of risk frameworks and capital efficiency
• Comfortable starting with $100–250mm and scaling based on performance
• Proven ability to size up/down based on market liquidity and opportunity
• Mindset & Cultural Fit:
• Specialist-first mentality with low tolerance for style drift
• Collaborative and entrepreneurial
• Humble, intellectually curious, and motivated by building something with longevity
• Communication Skills:
• Must be able to articulate the investment process, edge, and risk management framework clearly