Role and Responsibilities

AHL Volatility is the team responsible for the development of high Sharpe strategies across the volatility space. The team has been running for several years and look after a large and successful set of strategies across asset classes. We are now looking to expand the effects of the volatility surface we are modelling. The ideal candidate will be developing volatility strategies across multiple axes, whether it be the expiry space, strike space or markets. The candidate will be involved in several areas of research:

Improvement of existing strategies
Research and development of new signals and strategies across asset classes
Research and development in portfolio construction techniques
Contributing to AHL’s overall research effort by interacting with and collaborating with other research teams

Technology and Business Skills

Outstanding analytical skills; recognised by your peers as a specialist in your domain
A deep understanding of statistics and an ability to apply it to real world problems
Understanding of the underlying structures and behaviours of the financial markets
Experience in volatility trading and modelling, and volatility systematic strategies
Experience in portfolio construction
Expertise in a high-level programming language such as Python, or R
Proficiency with NumPy/SciPy/Pandas or similar
Experience of handling large data sets

Personal Attributes

Strong academic record and a degree with high mathematical, statistical, and computing content e.g., Mathematics, Computer Science, Engineering, Economics or Physics from a leading university
Hands-on attitude; willing to get involved with technology and projects across the firm
Intellectually robust with a keenly analytic approach to problem solving
Self-organised with the ability to effectively manage time across multiple projects and with contending business demands and priorities
Strong interpersonal skills; able to build and maintain a close working relationship with quantitative researchers, technologist, traders and senior business people alike
Confident communicator: able to argue a point concisely and deal positively with conflicting views

About Man AHL

Man AHL employs diversified quantitative techniques to offer a range of strategies which encompass traditional momentum, non-traditional momentum, multi-strategy and sector-based approaches. Man AHL’s strategies are primarily alternative and seek to gain potential predictive, alpha-generating insights through rigorous analysis of large data sets.

Man AHL is a specialised engine, applying scientific rigour and advanced technology and execution to a diverse range of data in order to build systematic investment strategies, trading continuously over hundreds of global markets. The team of 150 investment professionals, including 47 researchers, is comprised of scientists, technologists and finance practitioners, driven by curiosity and intellectual honesty, and a passion for solving the complex problems presented by financial markets.

The engine leverages Man Group’s unique collaboration with the University of Oxford, the Oxford-Man Institute of Quantitative Finance (OMI). The OMI conducts field-leading academic research into machine learning and data analytics, which can be applied to quantitative investing.

Founded in 1987, Man AHL’s funds under management were $60.6 billion at 30 September 2022. Further information can be found at www.man.com/ahl.

** Work-Life Balance and Benefits at Man**

Man Group is proud to provide the best working environment possible for all of its employees, and we are committed to equality of opportunity. At Man Group we believe that a diverse workforce is a critical factor in the success of our business, and this is embedded in our culture and values. We run a number of external and internal initiatives, partnerships and programmes that help us to attract and develop talent from diverse backgrounds and encourage diversity and inclusion across our firm and industry. https://www.man.com/diversity. Man Group is also a Signatory of the Women in Finance Charter.

Man Group supports many charities, and global initiatives. We support professional training and development, and requests for flexible or part-time working. Employees are also offered two 'Mankind' days of paid leave per year as part of the Man Charitable Trust's community volunteering programme.

We offer comprehensive, firm-wide employee benefits including competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Additional benefits are tailored to local markets and may include private medical coverage, discounted gym membership and wellbeing programmes.

Quantitative Researcher - Volatility