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Associate Portfolio Manager

Balyasny Asset Management
Associate Portfolio Manager
New York, US
200,000 - 250,000
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Job Description

A large medium-frequency market-neutral global systematic equities team is looking for an Associate Portfolio Manager or Quantitative Researcher to directly add value to a portfolio through innovation idea generation, scientific research, effective portfolio construction, prudent risk management and efficient trade execution.

This role will work directly with a Quantitative Portfolio Manager on an investment team. The APM/QR will work with the team to:

  • Conduct quantitative research and analysis relating to equity trading, equity alpha generation, and portfolio construction
  • Develop intraday trading strategies and equity trading execution
  • Develop broad-based statistical arbitrage alphas and trading strategies

Competitive discretionary and performance linked compensation.


  • New York
  • London
  • Hong Kong
  • Singapore


  • Advanced degree in highly quantitative field, including Mathematics, Statistics, Physics, Computer Science, Financial Engineering, etc.
  • 4-7 yrs work experience in alpha research and/or portfolio management
  • Versatility in statistical modelling involving linear and non-linear techniques
  • Deep understanding of hypothesis testing
  • Familiarity with factor-based risk framework
  • Strong programming skills. Proficiency in Python is a must
  • Highest level of professional integrity and intellectual honesty
  • Strong interpersonal and leadership skills
  • Open, curious and growth mindset
  • Hungry, hardworking, gritty

Preferred Qualifications

  • Experience in single-name equities volatility, options strategies, event arbitrage strategies, or any other less traditional strategies

  • Knowledge of alternative data strategies or KPI predictions

  • Experience with equity trading, flow data, algorithmic trading, execution, central risk book, and/or market microstructure

  • Experience with intraday trading and transaction cost analysis

  • Experience with cloud computing (AWS/Docker/Containers)

  • Knowledge and experience in utilizing 3rd party algos

  • Knowledge of Pandas, Sklearn, machine learning and NLP are pluses

With respect to NY- and CA-based applicants, the starting base pay range for this role is between $200000 and $250000 annually. The actual base pay is dependent upon several factors, including, but not limited to, relevant experience, business needs and market demands. This role may also be eligible for bonus compensation and employee benefits.

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