TalentCollyde · 1 month ago
Sr. Options PM
United States
Full-time
Remote
Senior Level
8+ years expTalentCollyde is conducting a confidential search for a Senior Options Portfolio Manager to run a discretionary options book within a multi-strategy investment platform. The role involves managing a $1.7B notional book, making trade decisions, and producing P&L while coordinating with the broader strategy group.
Staffing & Recruiting
Responsibilities
Construct and manage a discretionary options book — primarily puts, put spreads, and vol structures across SPX, sector ETFs, and large-cap single names
Sit at the intersection of macro view and structural carry: most positions are held weeks to quarters, not days
Manage greeks — delta, gamma, vega, theta — actively. Hedge dynamically
Coordinate with the broader strategy group on overlay positioning, tail hedging, and book-level vega exposure
Own attribution. P&L is yours. So is the explanation when it doesn't work
Qualification
Required
8–15 years managing or running an options book at a hedge fund, prop shop, vol boutique, or asset manager overlay seat
Discretionary (not systematic) options experience. You make the trade decision
Demonstrable P&L track record across at least one full vol cycle (ideally including 2018, 2020, 2022)
Fluency with put structures, vol surface dynamics, and tail risk hedging
Comfort sizing positions against a live notional book in the high hundreds of millions to low billions
Preferred
Background at one of: a recognized vol boutique (Capstone, Parallax, Universa, Artemis, Long Tail Alpha, QVR, Ambrus, True Partner), an asset manager overlay seat (Parametric, Eaton Vance, PIMCO, Nuveen, BlackRock, GS AM), or a multi-manager pod focused on options or vol relative value
CFA, CMT, or equivalent quant credentials
Published thought leadership on volatility, tail hedging, or convexity strategies
Benefits
Guaranteed base
Signing arrangement
P&L-linked bonus structure with meaningful book economics
Company
TalentCollyde
#1 Talent Platform for Agencies We're more than a talent platform; we're your partner in strategic growth.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase