The Quantitative Portfolio Manager is responsible for overseeing the performance and risk management of Tax-Advantaged Long/Short (L/S) Separately Managed Accounts (SMAs). Core responsibilities include monitoring portfolio performance, diagnosing drivers of returns and drawdowns, and working closely with alpha researchers, traders, and investment engineers to support ongoing improvements to portfolio construction and L/S investment processes.
The position requires direct equity L/S experience gained at a hedge fund, asset manager, or sellside quantitative desk, along with strong quantitative skills, portfolio oversight capabilities, and the ability to engage meaningfully in collaborative research. Day-to-day work is hands-on and involves a high degree of individual accountability.
Key Responsibilities and DutiesLive Portfolio Oversight
• Monitor daily P&L across L/S SMAs
• Decompose returns by signal, factor, sector, and idiosyncratic components
• Diagnose drawdowns and performance divergence across accounts
Risk & Diagnostics
• Run factor and risk decompositions (systematic vs. idiosyncratic)
• Identify unintended exposures and style drift
• Evaluate turnover, capacity, and realized transaction costs
Alpha Feedback Loop
• Work directly with alpha researchers and traders to evaluate live signal performance
• Detect signal decay, instability, and crowding risks
• Provide data-driven insights to improve portfolio construction and implementation efficiency
Process Enhancements
• Build and refine performance monitoring tools and dashboards
• Improve automation of attribution and reporting
• Strengthen portfolio construction framework for scalability and robustness
Required Qualifications- Minimum of 3+ years of experience in quantitative equities
- Direct Long/Short experience at a hedge fund, asset manager, or sellside quant desk
Preferred Qualifications- 5+ years of experience in quantitative equities
- Strong understanding of:
- Equity factor models
- Portfolio optimization and risk models
- Performance attribution and signal evaluation
- Strong Python skills; ability to work with large datasets and production research code
- Demonstrated experience managing or overseeing live L/S portfolios
Anticipated Posting End Date:2026-07-13
Base Pay Range: $79.33/hr - $109.13/hr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
Benefits and Total Rewards The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.
