Overview
Portfolio Manager – Volatility Jobs in Dubai, United Arab Emirates at Qenexus
Title: Portfolio Manager – Volatility
Company: Qenexus
Location: Dubai, United Arab Emirates
A global macro fund is hiring a cross-asset volatility Portfolio Manager as part of its Dubai build-out. This is a standalone alpha mandate: the objective is decorrelated PNL against the fund's existing strategies, not portfolio hedging.
The seat suits PMs who think in probabilities, identify market mispricings, and express macro views through options, with trade structuring as a core source of edge
.
Responsibilities
- Run a cross-asset volatility book focused on high-convexity, high-payout trades
- Identify mispriced probabilities and express macro views through options, or whichever implementation offers better expected return
- Use trade structuring as a source of alpha in its own right
- Build your own scanners and screening tools, pricing large numbers of binary options daily to surface opportunities
- Deliver a decorrelated return profile; lumpy PNL is acceptable provided expected returns are positive and attractive.
Requirements
- Macro strategist or structuring background at a bank, ideally followed by a successful buy-side move with some track record.
- Fluency across vol surfaces, skew, binaries and structured expressions
- Cross-asset breadth preferred; single-product specialists (FX, rates, EQD) considered if curious and adaptable.
- Practical tooling capability; deep quant or programming skills not a strict requirement
- Comfortable running a long-convexity book that is not a tail hedge
- Willing to be based in Dubai
For more information, apply here or contact Tom on [email protected]