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Hedge Fund Portfolio Manager Jobs (NOW HIRING)

Manager, Hedge Fund Accounting Locations: New York City (hybrid), Union, NJ (hybrid), Skillman, NJ (hybrid), or Boston, MA (hybrid) About the Role Lead a high-performing fund accounting team ...

Manager, Hedge Fund Accounting Locations: New York City (hybrid), Union, NJ (hybrid), Skillman, NJ (hybrid), or Boston, MA (hybrid) About the Role Lead a high-performing fund accounting team ...

The Hedge Fund team member will help develop and oversee UTIMCO's equity market neutral managed ... Monitoring individual manager and overall portfolio performance and risk * Fostering valued ...

New

Manager, Hedge Fund Accounting Locations: New York City (hybrid), Union, NJ (hybrid), Skillman, NJ (hybrid), or Boston, MA (hybrid) About the Role Lead a high-performing fund accounting team ...

Hedge Fund Accounting Manager

Chicago, IL · On-site

$160K - $170K/yr

We are seeking a senior accountant with real hedge fund / alternative investment accounting ... Responsibilities * Maintain books and records for alternative investment vehicles and managed ...

Manager, Hedge Fund Accounting Locations: New York City (hybrid) About the Role Lead a high-performing fund accounting team supporting sophisticated hedge fund clients while building strong client ...

Showing results 21-40

Hedge Fund Portfolio Manager information

What are some common challenges hedge fund portfolio managers face in balancing risk and return?

Hedge Fund Portfolio Managers often face the challenge of maintaining an optimal balance between risk and return, especially during volatile market conditions. This involves constant monitoring of portfolio exposures, adapting strategies to shifting market trends, and ensuring adherence to clients’ risk tolerance levels. Additionally, managers must stay updated on regulatory requirements and manage liquidity to meet investor redemptions. Success in this role typically requires strong analytical skills, the ability to make quick yet informed decisions, and effective communication with analysts and traders on their team.

What is a hedge fund portfolio manager?

A Hedge Fund Portfolio Manager is a financial professional responsible for managing a hedge fund's investment portfolio. They make decisions about which securities to buy, hold, or sell to achieve the fund's investment objectives and maximize returns for investors. Portfolio managers use a variety of strategies, including equities, fixed income, derivatives, and alternative investments, often employing sophisticated risk management techniques. They analyze market trends, economic data, and company performance to make informed investment choices. Successful portfolio managers combine strong analytical skills with deep market knowledge and quick decision-making abilities.

What are the key skills and qualifications needed to thrive as a hedge fund portfolio manager?

To thrive as a Hedge Fund Portfolio Manager, you need strong analytical abilities, financial modeling expertise, advanced quantitative skills, and typically a degree in finance, economics, or a related field—often complemented by a CFA or MBA. Proficiency in portfolio management platforms, statistical software like Python, R, Bloomberg Terminal, and risk management systems is essential. Exceptional decision-making, risk tolerance, and communication skills help managers lead teams and interact with clients effectively. These skills are critical for making sound investment decisions, optimizing portfolio returns, and maintaining investor confidence in volatile markets.
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What cities are hiring for Hedge Fund Portfolio Manager jobs? Cities with the most Hedge Fund Portfolio Manager job openings:
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What job categories do people searching Hedge Fund Portfolio Manager jobs look for? The top searched job categories for Hedge Fund Portfolio Manager jobs are:
Infographic showing various Hedge Fund Portfolio Manager job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 82% In-person, 9% Hybrid, and 9% Remote job distribution.

Hedge Fund Risk Manager

Northern Trust

Chicago, IL • On-site

$80K - $133K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 24 days ago


Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz


Job description

About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Role Overview
We are seeking an experienced Risk Manager to join our investment team and oversee risk across a diversified portfolio of external hedge fund managers. This role focuses on portfolio-level risk aggregation, manager-level due diligence, and forward-looking risk analytics to support investment decision-making.
The ideal candidate will act as a strategic partner to the investment team, providing actionable insights on portfolio construction, diversification, and downside risk management.
Essential Duties and Responsibilities
Portfolio Risk Oversight
  • Monitor and aggregate risk exposures across underlying hedge funds by strategy, asset class, and geography
  • Assess market, liquidity, concentration, leverage, and tail risks
  • Ensure alignment with risk budgets and investment objectives
Manager Risk Assessment
  • Conduct risk-focused due diligence on hedge fund managers
  • Evaluate strategy risk, leverage, derivatives use, and drawdowns
  • Challenge portfolio construction and hedging assumptions
Risk Analytics & Reporting
  • Maintain VaR, stress testing, and scenario analysis models
  • Build dashboards and deliver risk reporting to senior stakeholders
  • Provide actionable insights to investment decision-makers
Liquidity & Capital Planning
  • Assess liquidity terms including lockups and gates
  • Monitor portfolio liquidity vs investor redemption terms
  • Run stress scenarios for market dislocation events
Portfolio Construction Support
  • Advise on allocation sizing and diversification
  • Identify hidden correlations and portfolio risks
  • Support investment decisions with forward-looking risk views
Ongoing Monitoring & Surveillance
  • Track risk metrics regularly
  • Identify early warning signals such as style drift or anomalies
  • Participate in ongoing manager monitoring
Qualifications
Necessary Experience and Education
  • 3 - 5 years in hedge fund risk management, fund of funds, asset management, risk management or related roles.
  • Bachelor's degree in Finance, Economics, Mathematics, or related field. CFA or FRM preferred.
Necessary Technical Skills
  • Strong understanding of hedge fund strategies
  • Expertise in VaR, stress testing, and risk modeling
  • Prior experience with MSCI RiskMetrics
  • Proficiency in Excel, Power BI, or SQL
Necessary Core Competencies
  • Strong analytical and quantitative skills
  • Ability to interpret limited transparency data
  • Excellent communication and stakeholder management
  • High attention to detail
Salary Range:
$80,800 - 133,400 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.

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