Portfolio Manager – Global Macro

Portfolio Manager – Global Macro (Semi-Systematic)

Location:
US / UK / UAE (On-site or Hybrid)

The Mandate

We are representing select top-tier investment firms seeking to deploy capital to Global Macro managers who bridge the gap between economic intuition and systematic rigour. This mandate is specifically for process-driven managers who rely on quantitative frameworks, predictive signals, and structured data to drive investment decisions.

We are
not
seeking pure "gut-feel" or event-driven discretionary traders.
The ideal candidate employs a repeatable, defensible investment process where fundamental views are validated by data and risk is managed systematically.
Successful partners will access generous compensation structures and institutional-grade infrastructure.

Ideal Profile

You should have:

• Independent live track record:
  3+ years of live trading performance managing significant capital.
• Demonstrable PnL:
  At least $20M+ realized PnL, with a consistent return profile.
• Instruments:
  Deep expertise across G10/EM Rates, FX, Sovereign Credit, or Equity Indices.
• Process Rigour:
  A defined "signal-to-trade" workflow. You use models to identify dislocations and data to time entries/exits, even if execution is discretionary.
• Systematic Underpinning:
  Utilization of Python, Excel, or proprietary tools to backtest theses and monitor risk factors.

Key Responsibilities

Strategy & Signal Construction

• Develop and execute Global Macro strategies rooted in structural themes, central bank policy, and cross-asset correlations.
• Translate fundamental views into quantifiable signals, utilizing data to validate conviction levels and timing.

Portfolio Management

• Construct a diversified portfolio with robust risk controls; manage exposure dynamically based on signal strength rather than pure intuition.
• Operate within defined volatility limits and drawdown constraints.

Risk & Execution

• Maintain a disciplined approach to liquidity and capacity; utilize systematic frameworks for position sizing and stop-losses.
• Monitor macro regimes to adjust portfolio beta and correlation risks in real-time.

Leadership & Culture

• Operate as a business owner within the platform, potentially managing junior researchers or execution traders.
• Reinforce a culture of empirical evidence over narrative, ensuring all trade ideas are stress-tested and data-backed.

Candidate Credentials

• Proven track record of consistent PnL with a Sharpe Ratio indicative of high-quality risk-adjusted returns (typically Sharpe ≥ 1.5–2.0+ for Macro).
• Background in Systematic Macro, Volatility, or Process-Driven Discretionary strategies.
• Strong technical proficiency (Python/R/SQL) is highly preferred to demonstrate independence from pure "story-telling."
• Evidence of robust risk management and capital preservation during periods of market stress.
• Entrepreneurial mindset; able to articulate a clear, repeatable edge that is not reliant on singular market events.

Why This Opportunity

• Institutional Scale:
  Access to best-in-class data (alt-data, macro indicators), execution algos, and balance sheet.
• Autonomy:
  Run your book with independence while leveraging the support of a multi-billion dollar platform.
• Meritocracy:
  Capital allocation is based on the robustness of your process and the consistency of your returns.

Apply Now

At Onyx Alpha Partners, we are committed to connecting the most sought after talent in the financial world, to opportunities that expand the universe of unconstrained performance within their chosen discipline. If this opportunity aligns with your career aspirations, we encourage you to apply and explore the potential for growth and unparalleled success.