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.
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.
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.
Strong academic record - Bachelor's/University degree required; Master's degree and/or CFA preferred but not required.
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.
Compensation Pay Range: This position offers a competitive base salary range of $225,000–$300,000, commensurate with experience and qualifications.
This position is a hybrid opportunity based in our New York, Chicago or Boston office. #LI-Hybrid
We’re an asset manager focused on curating an intentionally select suite of active ETFs that we believe have the potential to produce compelling, risk-adjusted returns within a portfolio. The next great solution can come from anywhere, and we’re passionately obsessed with the thrill of the chase. So, we aim to push boundaries and blaze trails. Our pursuit of excellence knows no bounds.
Unconstrained by geography and uncompromising in our due diligence, we scour the globe to find boutique partners with bold solutions. The hidden gems you’re unlikely to find anywhere else. The masters of their craft. The true artisans. The innovative thinkers who are exceptional at what they do and leaders in their distinct areas of focus. There aren’t many of them. But we’re always looking, always learning, always improving.
We seek to analyze from every angle, driven by an intense curiosity to understand what challenges advisors and how we can help them. We’re perpetual ponderers, non-stop thinkers, and market fanatics. The advisors who work with us are too. And we don’t just want to earn their trust – we want to keep it. That means sourcing solutions in an effort to outperform peers, working together to navigate market and product complexity, and digging into research with those who share our fervor for details.
As a manager of managers for most of our products, our independence enables a level of objectivity that we believe few others share. We're only biased when it comes to quality, so we can make swift decisions about who we partner with and what we recommend.
We love what we do, and the magic of success is something we want to share with our clients – and their clients.
Ready to get active? Visit www.harborcapital.com.
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