Portfolio Manager

Portfolio Manager
LMR Partners LLC — New York, NY

Portfolio Manager at LMR Partners LLC (New York, New York) Responsible for independently managing a discretionary cross-asset macro trading portfolio, with a focus on developed market rates, FX, equities, and commodities. The role requires the application of advanced quantitative, technical, and macroeconomic research techniques to generate absolute-return strategies while adhering to strict risk management parameters. Daily responsibilities include: * Develop and execute discretionary and semi-systematic macro trading strategies across rates, FX, equities, and commodities; * Construct portfolios by combining directional, relative value, and volatility expressions; * Conduct in-depth analysis of global macroeconomic trends, central bank reaction functions, market microstructure, and capital flow dynamics; * Ensure adherence to risk limits while maximizing expected value of trades to deliver consistent risk-adjusted returns; * Interact with global investment teams to identify emergent macro themes; and * Manage the work of analysts and collaborate with technology/risk teams to develop proprietary research and risk tools. Requires a Masters degree in Mathematics in Finance, Financial Engineering, Physics, a related field or foreign equivalent, followed by 5 years of progressively responsible experience in portfolio management and macro trading at hedge funds. Experience must include: * 5 years of Buyside experience running a macro trading strategy adhering to strict drawdown and portfolio parameters; * 5 years experience structuring option trades particularly across FX markets; * 5 years experience looking at cross-asset class models; * 5 years experience with stochastic processes, Ito calculus, arbitrage-free pricing, PDEs in finance, and Monte Carlo simulation methods; and * 5 years experience with quantitative programming including C++ and Python. Wage Range: $200,000 - $225,000/year CV to Domenica.Seifel@lmrpartners.com, Ref. TS26