drjobs HFT Portfolio Manager (35% - 60% Payout)

HFT Portfolio Manager (35% - 60% Payout)

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1 Vacancy
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Job Location drjobs

New York City, NY - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Company: Top-paying HFT firm globally seeking HFT PMs or Desk Heads to build and lead a desk focused on Western and Asian markets - not Tower Research.
Overview: One of the most successful HFTs in the US is offering the industrys best cost structure and PnL payout model for new HFT desks. The core team consists of PhDs top-tier HFT Quants and leaders from leading US firms. They provide infrastructure and data at cost with full access to their cutting-edge trading infrastructure. Enjoy unmatched payout terms and the backing of a world-class collaborative team.
Key Responsibilities:
  • Establish and drive an HFT desk to profitability within 12-18 months with a target Sharpe ratio of 8-10 and a goal of generating $10M in PnL annually.
  • Develop and implement a comprehensive business plan with a long-term vision to scale the desks PnL to $50M per year.
  • Execute high-frequency trading strategies continually optimizing for performance and profitability.
  • Work closely with the core team to leverage the firms infrastructure and resources for maximum efficiency and success.
  • Regularly track and report on desk performance making data-driven adjustments to ensure targets are met or exceeded.
Qualifications:
  • Proven experience at a top-tier HFT firm.
  • Demonstrated success with profitable recent trades.
  • A strong belief in your own capabilities and readiness to take calculated risks.
  • Consistent year-over-year personal financial growth.
#LI-ML1

Required Experience:

Manager

Employment Type

Full-Time

Company Industry

About Company

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