A well-capitalized New York proprietary trading firm focused on arbitrage and systematic strategies is seeking Portfolio Managers and Traders who arrive with a fully developed, portable approach and a verified live track record. The firm allocates meaningfully to each seat, does not ration capital internally, and structures its platform so that PMs collaborate on allocation rather than compete for it — a deliberate alternative to constrained multi-manager environments.
What you'll do
- Deploy and manage your own systematic or arbitrage-driven strategy using allocated capital ranging from approximately $5 million up to $100 million depending on the book
- Trade across a broad instrument universe that includes equities, fixed income, ETFs, futures, options, FX, spot markets, and precious metals
- Collaborate with the broader investment team on capital allocation decisions
- Operate with meaningful autonomy while contributing to a growing, expansion-stage platform
What you'll bring
- A fully portable, self-developed trading strategy with a documented live performance history — no strategy-building period is offered
- Minimum Sharpe ratio in the range of 2.5 to 3.0
- Demonstrated annual returns of at least 20% — this is a firm performance threshold, not a guideline
- Capacity to put at least $5 million to work from the outset
- Based in New York or prepared to relocate; candidates in Chicago will be evaluated on an exceptional basis
- Profiles considered include PMs leaving capital-constrained platforms, junior traders ready to run an independent book, and quantitative researchers or developers seeking a transition into a risk-taking role
What's on offer
- Competitive fixed base salary complemented by a share of trading profits
- Ability to invest personal capital alongside the fund
- Access to a broad, multi-asset trading infrastructure with no internal capital rationing
This search is handled by Alex Irvine at talisman.