Title: Portfolio Manager (PM)

Location: Remote
Compensation:
- 10% of Net Carry once deployed
- +3% if strategy outperforms SPX or FFR by 2.5×
- +3% if Sharpe > 3
- +2% for low drawdowns (<5%)

About Dark Alpha Capital

Dark Alpha Capital operates as a proprietary trading firm, deploying internal capital across systematic, quantitative, and event-driven strategies. Our objective is to build a multi-year, independently audited performance record before raising outside capital. Portfolio Managers joining now will help build strategy design, pod frameworks, execution protocols, and the performance engine that becomes the future fund.

Role Overview

PMs lead independent trading pods consisting of Analysts and Execution Traders. You will design strategies, manage risk, and deliver performance. All upside is linked to actual deployment and trading results. PM will be able to retain any IP brought to the firm.

Key Responsibilities

Lead a pod of Analysts and Execution Traders
Research, design, and manage strategies across any asset class
Work with CIO on deployment, risk limits, and scaling
Maintain discipline around risk, exposure, and execution
Provide regular performance reporting and strategic insights

Qualifications

Proven track record OR validated backtest with statistical evidence
Strong understanding of market structure, risk, and portfolio design
Experience leading teams in trading environments
Ability to produce strategies with actual deployment potential
Strong communication and analytical discipline