Quant jobs / Capula

Portfolio Manager - London

Capula seeks portfolio managers with an established macro or relative-value investment process. The remit includes discretionary and systematic mandates and independent responsibility for allocated capital.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Identify macro dislocations and relative-value trades
Construct positions using rates, FX and derivative instruments
Control liquidity, position sizes and portfolio drawdowns
Review exposures with research, trading and risk colleagues

What they ask for

Required

Demonstrated macro or relative-value returns
Macro and monetary-policy expertise
Rates and FX execution
Repeatable investment process
Autonomous capital management
Risk discipline

Education: No qualification requirement is stated.
Experience: Established portfolio management record in macro or relative value.
Markets: fixed-income, fx, futures, options, multi-asset

How to prepare

Prepare an evidenced account of strategy returns and drawdowns
Explain how a macro thesis becomes an instrument-level portfolio
Demonstrate position sizing under liquidity and stress constraints

What to study

The Portfolio and Factor Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Capula’s site before applying: requirements, location and pay can change after we check them.

View the posting on Capula’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Capula and doesn’t handle applications.