Quantitative Credit Alpha Sub-PM jobs in United States
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Selby Jennings ยท 1 week ago

Quantitative Credit Alpha Sub-PM

positionNew York, NY
timeFull-time
remoteOnsite
senioritySenior Level
money$200K/yr - $250K/yr
date5+ years exp

Selby Jennings is a leading hedge fund seeking a Quantitative Credit Alpha Sub-Portfolio Manager to join their high-performing credit pod. The role involves designing and managing quantitative credit strategies with direct P&L impact, as well as owning a risk sleeve within the portfolio management team.

BankingEmploymentRecruiting
Hiring Manager
Mike Madsen
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Responsibilities

Alpha Strategy Ownership: Design, implement, and manage quantitative credit strategies with direct P&L impact
Develop systematic signals and discretionary overlays across CDX, credit options, ETFs, and cash bonds
Portfolio Management: Take ownership of a risk sleeve within the pod, including trade sizing, risk budgeting, and performance attribution
Optimize strategies for risk-adjusted returns under varying market conditions
Quantitative Research & Modeling: Build predictive models using advanced statistical, econometric, and machine learning techniques
Work with instrument-level and loan-level credit datasets to uncover alpha factors
Risk Management: Monitor exposures, stress-test strategies, and ensure adherence to risk limits
Collaboration: Partner with the lead PM and other pod members to share insights and refine strategies
Innovation: Explore alternative data sources and cutting-edge techniques to maintain a competitive edge

Qualification

Credit DerivativesQuantitative StrategiesStatistical ModelingPythonMachine LearningTime-Series AnalysisCredit Instruments KnowledgeLeadership

Required

5-10 years in credit alpha generation at a hedge fund, prop desk, or leading asset manager
Demonstrated success in running or contributing to profitable credit strategies
Strong programming skills (Python, C++, SQL); experience with large datasets and distributed computing
Expertise in statistical modeling, time-series analysis, and machine learning
Deep understanding of credit instruments (IG, HY, CDX, tranches, ETFs) and macro drivers
Entrepreneurial mindset with ability to manage a risk sleeve and evolve into full PM responsibilities

Company

Selby Jennings

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Glassdoor3.4
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Global recruitment firm specialising in Banking
dateFounded in 2004
location
New York, New York, USA
people-size1001-5000 employees
web-link
http://www.selbyjennings.com/

Funding

Current Stage
Late Stage

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