Systematic Portfolio Manager – Mid-Frequency Volatility Arbitrage | $10bn+ AUM Hedge Fund
Location – Dubai, UAE
Description:
Our client is a leading global hedge fund with over $10bn in assets under management, recognised for its sophisticated quantitative investment capabilities and institutional approach to systematic trading. As part of its strategic expansion in the Middle East, the firm is looking to strengthen its presence in Dubai by attracting exceptional quantitative investment talent to its platform.
The opportunity is aimed at an established Systematic Portfolio Manager specialising in mid-frequency volatility arbitrage, with a strong live track record and the ability to generate meaningful, risk-adjusted returns. The fund offers the scale, infrastructure and institutional resources of a substantial global investment platform, combined with the opportunity to play a meaningful role in developing its Dubai-based investment presence.
For a proven PM coming from a leading quantitative hedge fund or proprietary trading firm, this represents an opportunity to take ownership of an established investment strategy within a well-capitalised environment, with the potential to scale capital and contribute to the growth of the firm's regional platform.
The Opportunity:
The mandate is focused on an experienced systematic Vol-Arb Portfolio Manager operating at mid-frequency, with a demonstrated ability to generate a Sharpe ratio of 2.0 or above and at least $20m in attributable PnL.
The fund is interested in proven investment talent with a robust, repeatable process across volatility markets. Candidates may employ a range of systematic volatility arbitrage approaches, provided they can demonstrate a strong understanding of their underlying alpha, portfolio construction, risk management and strategy capacity.
Beyond the immediate portfolio management mandate, the successful candidate will have the opportunity to establish themselves within the firm's expanding Dubai presence. The role offers the combination of institutional capital, sophisticated infrastructure and meaningful investment responsibility, within a platform seeking to attract high-calibre PMs with a demonstrable history of performance.
Key Responsibilities:
- Manage and develop a systematic mid-frequency volatility arbitrage strategy, with responsibility for portfolio performance and risk.
- Research, implement and refine quantitative models designed to identify and capture opportunities across volatility markets.
- Own portfolio construction, position sizing, hedging methodology and risk allocation.
- Monitor live performance, PnL attribution, drawdowns, exposure and risk-adjusted returns.
- Continuously evaluate existing signals and develop new sources of alpha through rigorous quantitative research and systematic testing.
- Assess strategy capacity, liquidity and execution requirements to support the responsible deployment and scaling of capital.
- Work with quantitative researchers, developers and trading infrastructure specialists to enhance models and improve implementation.
- Contribute to the continued development of the firm's Dubai presence and broader quantitative investment platform.
Ideal Candidate:
- An established Systematic Portfolio Manager from a leading quantitative hedge fund or top-tier proprietary trading firm.
- Specialisation in mid-frequency systematic volatility arbitrage, with a demonstrable understanding of volatility modelling and market dynamics.
- A minimum Sharpe ratio of 2.0, supported by a credible live trading track record.
- At least $20m in attributable PnL, with clear performance attribution and evidence of repeatable alpha generation.
- Strong quantitative foundations, with expertise in systematic strategy development, portfolio optimisation and risk management.
- A robust understanding of strategy capacity, execution, hedging and the practical considerations of running a live volatility portfolio.
- The ability to operate with investment ownership and sound independent judgement within an institutional platform.
- An entrepreneurial mindset and interest in contributing to the expansion of a global hedge fund's Dubai presence.
What’s on Offer:
- A platform backed by a global hedge fund with over $10bn in AUM.
- The opportunity to establish and grow a systematic Vol-Arb strategy from Dubai.
- Access to institutional capital, quantitative resources and sophisticated trading infrastructure.
- Meaningful portfolio ownership within a well-capitalised investment environment.
- The opportunity to join a strategic regional expansion initiative with a global investment organisation.
