Commodities Portfolio Manager

Overview

Commodities Portfolio Manager - NYC
Multi‑Strat Market Making & Prop Trading Firm

Location: New York City

Position Type: Full-Time

Compensation: Competitive base + performance-driven PnL cut

AUM Potential: Scalable to $1bn+ based on performance

We are partnering with a leading market-making and proprietary trading firm with a best‑in‑class multi-strategy platform, seeking an experienced Commodities Portfolio Manager to join their New York office. This is an elite environment designed for high-conviction, independently driven PMs looking for a stable capital base, meaningful autonomy, and a culture that truly prioritizes its people
.

This firm is known for its deep liquidity, cutting‑edge infrastructure, and exceptionally sticky internal capital
, enabling PMs to scale strategies without the typical volatility of external fundraising cycles. They operate a highly collaborative, low-ego environment—one of the strongest and most respected cultural reputations in the space.

The ideal candidate will be:

• A seasoned commodities PM with 4+ years trading within their specific niche (e.g., energy, ags, metals, spreads, optionality, etc.).
• Able to demonstrate a consistent annual PnL of $5M+ with a robust, explainable trading process.
• Comfortable operating within a multi-strat ecosystem while maintaining independent risk and portfolio oversight.

• Sticky Proprietary Capital
• No external LP pressure. Capital is long-term, stable, and internally controlled.
• Flexible & Merit-Based Risk Allocation
• Risk is set on a case-by-case basis depending on your style and strategy, with the ability to scale to $1bn+ based purely on performance and demonstrated edge.
• Performance-Driven Compensation
• PMs are rewarded with a significant PnL cut
  , offering true upside for strong performance.
• Elite Technology & Execution
• Access to world-class trading systems, quant resources, and infrastructure designed to enhance speed, accuracy, and market access.
• Unmatched Firm Culture
• This firm is known for being collegial, intellectually rigorous, transparent, and low-ego
  -a genuine differentiator in the prop world.

This opportunity is ideal for a PM currently generating consistent PnL at a bank, hedge fund, or prop shop, and who is seeking:

• A highly supportive environment
• Material capital stability
• Significant upside compensation
• A platform that scales with performance
• A culture where PMs stay for the long term