Portfolio Manager

About Capula Investment Management

Established in 2005, Capula Investment Management is a global asset manager specialising in absolute return, enhanced fixed income, macro, and crisis alpha approaches. With approximately USD 35 billion in assets under management and offices in major financial hubs worldwide, the firm pursues low or negatively correlated returns compared to traditional equities and fixed income markets. Capula operates a broad investment mandate across a diverse set of global markets and instruments, emphasizing relative value, macro, and interest rate strategies supported by a seasoned investment team.

Key Responsibilities

• Manage and implement discretionary or systematic macro and relative value investment strategies across global markets, mainly focusing on interest rates, foreign exchange, and related financial instruments.
• Discover and capitalize on thematic and relative value opportunities informed by macroeconomic trends, central bank policies, and market inefficiencies.
• Maintain rigorous portfolio risk controls, including position sizing, liquidity management, and drawdown monitoring within a structured risk framework.
• Collaborate closely with trading, research, and risk functions to optimize trade structuring and execution across various instruments such as swaps, futures, options, and sovereign bonds.
• Continuously adapt investment strategies in response to changing market dynamics and economic conditions.
• Effectively communicate portfolio positioning, performance metrics, and risk exposures to internal stakeholders.
• Engage actively in idea generation, market commentary, and cross-team collaboration to enrich the firm’s broader investment platform.

Qualifications and Requirements

• Demonstrable successful history of alpha generation within macro and/or relative value strategies combined with sound risk management practices.
• Comprehensive knowledge of global macroeconomics, monetary policies, and inter-asset correlations.
• Excellent execution skills in developed and emerging market rates and foreign exchange products.
• Ability to manage capital independently with a consistent and replicable investment process.
• Strong team player with a collaborative approach to working within a research-driven environment.

Benefits and Perks

• Highly competitive base salary paired with an annual discretionary bonus scheme.
• 20 days of annual paid leave in addition to public holidays.
• Extensive medical and dental insurance along with core employee benefits.
• Robust training, mentoring, and career development programs supporting ongoing professional growth.
• Flat organizational hierarchy offering greater ownership and decision-making opportunities.
• Daily onsite meals (breakfast, lunch, and dinner) provided in the company restaurant.
• Access to onsite gym facilities and corporate gym membership.
• Collaborative environment featuring dynamic, intellectually rigorous teams and open communication.