Discretionary Equity Portfolio Manager

hermeneutic research

14h

About The Position

Hermeneutic Research is hiring an exceptional portfolio manager to build and manage a discretionary, event-driven long-short equity portfolio across US equities. The initial focus will be crypto-related equities, complementing the firm’s digital asset business, with flexibility to pursue opportunities across the broader US equity universe.

The role offers significant ownership of the strategy, its areas of focus, and the portfolio approach, working closely with firm leadership to establish and scale the firm’s discretionary equity capabilities. The portfolio manager will draw on the firm’s research, trading, technology, and data infrastructure, and collaborate with researchers, traders, and engineers.

The position covers the full investment lifecycle, from idea generation and catalyst analysis through portfolio construction, trade execution, and risk management. Trading horizons range from days to months. The portfolio manager is expected to apply independent investment judgment and disciplined risk-taking to identify asymmetric opportunities and deliver consistent, risk-adjusted performance across market environments.

Requirements

• A degree in Finance, Economics, Mathematics, or a related field.
• At least 5 years of relevant equity trading or investment experience, ideally at a hedge fund, proprietary trading firm, or other institutional investment firm.
• A demonstrable, attributable track record in discretionary long-short equity trading, ideally with an event-driven focus, supported by historical performance data available for review.
• Strong risk management discipline and a clear understanding of portfolio volatility, drawdown management, and capital preservation.
• Experience independently managing capital, including portfolio construction, position sizing, and investment decision-making.
• Strong research and analytical skills to assess catalysts, event timing, market expectations, and risk/reward, and translate differentiated views into actionable trades.

Nice To Haves

• Prior research or trading experience in crypto-related companies.

Responsibilities

• Develop, manage, and continually refine a discretionary, event-driven long-short equity trading strategy.
• Use the firm’s digital asset expertise to inform crypto-related equity trades while independently sourcing opportunities across the broader US equity universe.
• Translate investment views into portfolio positions, including portfolio construction, position sizing, trade execution, and risk management.
• Maintain a disciplined investment process and adapt positioning as market conditions, catalysts, and risk/reward dynamics evolve.
• Collaborate with researchers, traders, and engineers to develop and apply the firm’s capabilities to research, portfolio monitoring, and execution.
• Take ownership of portfolio performance, focusing on consistent, risk-adjusted returns within the firm’s risk framework.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior