Head of Derivatives, Portfolio Manager

Harbor Capital Advisors, Inc.Boston, MA
Hybrid

About The Position

Harbor Capital Advisors is hiring a Head of Derivatives, Portfolio Manager to build and lead our Navigator suite—a new platform of ETFs that uses options and other derivatives to deliver outcomes such as high distributable yield with disciplined risk management. This role will serve as a senior PM within our Multi-Asset Solutions Team, contributing to cross-asset trade ideas, alpha initiatives and product design alongside managing and developing the Navigator lineup.

Requirements

  • 5–10 years of derivatives portfolio management experience (asset management / ETF / institutional / trading / structuring preferred).
  • Business owner mentality – someone who wants to work in a fast paced, entrepreneurial environment and establish a brand-new business line.
  • Demonstrated ability to balance strategic thinking with hands-on execution, attention to detail, and cross functional collaboration.
  • FINRA licenses: Series 7 and 63 required.
  • Strong macro investor mindset with the ability to analyze the broader economic and market backdrop and convert those insights into actionable alpha ideas.
  • ETF experience and a passion for tax-aware investing is a must.
  • Demonstrated strength in risk management and communicating strategy/positioning to internal and external stakeholders.
  • Strong expertise in options and/or FICC, systematic implementation, and real-world execution constraints.

Nice To Haves

  • Master's degree and/or CFA preferred but not required.

Responsibilities

  • Design, launch, and manage a suite of derivatives-based ETFs (e.g., covered call, collar, systematic option carry/overlays, structured payoff replication) in close collaboration with Harbor’s Product team.
  • Own portfolio construction, risk budgeting, and hedging frameworks (Greeks, stress tests, drawdown/tail risk).
  • Lead implementation and execution across Navigator Series by partnering with leading banks and working with them to design tax efficient implementation strategies inside an ETF.
  • Partner with Investment Operations, Compliance, Capital Markets, and the ETF Operations teams on ETF mechanics (baskets, collateral, daily processes, derivatives risk management).
  • Work closely with Harbor’s Distribution team to drive distribution strategy, with heavy participation in client meetings (at least initially) and to take ownership and drive revenue growth.
  • Contribute to multi-asset idea generation and collaborate on overlays and tactical opportunities across equities, rates, credit, vol, and FX.

Benefits

  • Competitive base salary range of $225,000–$300,000, commensurate with experience and qualifications.
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