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Onyx Alpha Partners

Portfolio Manager — Equities Systematic Strategies

Onyx Alpha Partners, New York, New York, us, 10261

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Base pay range

$200,000.00/yr - $300,000.00/yr New York or Miami (on-site or hybrid; remote considered) ~$35bn global multi-strategy investment firm Firm Overview

Our client is a leading multi-manager platform with institutional capital, robust data resources, and mature research and execution infrastructure. The environment is professional, performance-driven, and designed to support systematic portfolio managers with clear governance and high operational standards. Role Overview

Lead a market-neutral, systematic equities portfolio with intraday to mid-frequency horizons. The mandate emphasizes empirical research, disciplined risk management, and consistent risk-adjusted returns. You will own the full lifecycle from alpha research through portfolio construction, execution, monitoring, and attribution. Core Responsibilities

Alpha Research:

Develop and validate cross-sectional and event-driven signals; feature engineering; model selection and regularization. Backtesting & TCA:

Build execution-aware simulations (slippage/impact), regime and stress testing, and cost control. Portfolio Construction:

Optimize exposures, hedging, capacity, and turnover; enforce drawdown and liquidity constraints. Execution:

Partner with central execution to improve fills, routing, and venue selection; monitor real-time performance. Team Leadership:

Hire and manage quantitative researchers/ML engineers; set research standards and roadmap. Candidate Profile

Track Record:



2.0 Sharpe

over ≥ 24 months in systematic equities with controlled drawdowns. Technical:

Expert proficiency in Python; strong statistics/ML, optimization, time-series, and data engineering; C++/kdb+/SQL advantageous. Market Microstructure:

Practical experience with execution modeling, cost mitigation, and capacity management across US and international equities. Operating Style:

Evidence-based decision-making, clear communication, and a professional management approach to running a pod. Sign-on and Guarantees:

Sign-on bonuses and cash guarantees negotiable. Economics:

PnL of 20%+, subject to performance and platform policies. Non-compete:

Compensation for your non-compete period (where applicable). Team Build:

Budget to build a high-performing team (QR/QE/DS) with dedicated recruiting support. Operating Model:

Autonomy to run your own group. Intellectual Property:

IP ownership framework aligned to platform standards. Work Arrangement:

Flexibility to work fully remote if desired (role and regulatory dependent). Location Optimization:

Opportunity to be based in a more tax-favourable location, subject to firm policy and legal considerations. Benefits:

Comprehensive benefits package commensurate with seniority and location. Application Process

Qualified candidates are invited to submit a resume and a concise strategy overview to Onyx Alpha Partners. All enquiries will be treated confidentially. Seniority level

Director Employment type

Full-time Job function

Finance Industries

Financial Services, Investment Management, and Capital Markets

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