Onyx Alpha Partners · 2 weeks ago
Portfolio Manager – Equity Stat Arb & Auction Strategies
New York, NY
Full-time
Onsite
Senior Level
$250K/yr - $350K/yrOnyx Alpha Partners is a high-growth multi-strategy platform that is seeking a Portfolio Manager for Equity Stat Arb & Auction Strategies. The role involves building and owning the Equity Auctions & Intraday Stat Arb business, defining risk models, and leading a team as the strategy scales.
Staffing & Recruiting
Hiring Manager
Theodore Morapedi
Responsibilities
Launch the Business: distinct mandate to deploy capital into Opening/Closing Auctions (MOO/MOC), imbalance strategies, and short-horizon statistical arbitrage
Scale Capacity: leverage the firm's balance sheet to scale strategies that have previously been constrained by desk limits or risk-aversion at incumbent firms
Direct the Cycle: Own the full loop—from microstructure feature engineering (L2/L3 data) to post-trade market impact analysis. You decide where the compute resources go
Build a Team: As the strategy scales, you will have the mandate to hire researchers and developers to support your book
Qualification
Required
Proven success scaling Auction/Close strategies or Intraday Stat Arb
Current QR, Sub-PM, or Desk Head at a top-tier Prop Shop or Quant Fund
Deep empirical mastery of order book dynamics, exchange matching engines, hidden liquidity, and seasonal volume profiles
Desire for accountability and the payout that comes with holding the risk
Benefits
20% Formulaic Payout on PnL + first year guarantee + team budget.
Company
Onyx Alpha Partners
Onyx Alpha Partners is an executive recruitment firm specializing in quantitative strategies.
Founded in 2023
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase