Discretionary Equity Portfolio Manager

About the role

hermeneutic research is a proprietary trading firm that runs research-driven discretionary and systematic strategies and makes strategic long-term investments. As a Discretionary Equity Portfolio Manager, you will build and manage a discretionary, event-driven long-short equity portfolio across US equities, initially focusing on crypto-related equities to complement the firm's digital asset business. The role is remote and sits in the Discretionary Trading department.

Key responsibilities

• Develop, manage and refine a discretionary, event-driven long-short equity trading strategy.
• Use the firm's digital asset expertise to inform crypto-related equity trades, while independently sourcing opportunities across the broader US equity universe.
• Translate investment views into portfolio positions, owning portfolio construction, position sizing, trade execution and risk management.
• Maintain a disciplined investment process and adjust positioning as market conditions, catalysts and risk/reward dynamics change.
• Work with researchers, traders and engineers to adapt the firm's capabilities to research, portfolio monitoring and execution.
• Own portfolio performance, aiming for consistent, risk-adjusted returns within the firm's risk framework.

Required profile

• Degree in Finance, Economics, Mathematics or a related field.
• At least 5 years of relevant equity trading or investment experience, ideally in a hedge fund, proprietary trading firm or institutional investor.
• Demonstrable, attributable track record in discretionary long-short equity trading, preferably event-driven, with historical performance data available for review.
• Interest in crypto-related equities; prior research or trading experience in the sector is preferred.
• Experience independently managing capital, including portfolio construction, position sizing and investment decisions.

Required skills

• Strong risk management discipline, with an understanding of portfolio volatility, drawdown management and capital preservation.
• Research and analytical skills to assess catalysts, event timing, market expectations and risk/reward.

The interview process includes CV screening, a possible HR call, a portfolio manager interview and a CIO interview. Candidates are also assessed against the firm's values of drive, ownership, judgment, openness, competence and resilience.