Asia Rates & FX Macro PM

Job Description

Dymon Asia is seeking a Macro Portfolio Manager focused on trading Asia Rates and FX. The role requires a hybrid skillset across systematic and discretionary macro strategies, with responsibility for deploying and managing risk across Asian interest rate and currency markets. The ideal candidate will have a deep understanding of global and regional macroeconomics, cross-asset relationships, and macro-linked factors, coupled with a strong, repeatable alpha-generation process.

Responsibilities include, but not limited to:

. Lead the active management of macro portfolios with a primary focus on Asia Rates and FX, while integrating cross-asset views across multiple regions and instruments.

. Analyse economic, policy, and financial indicators in Asia and globally to identify macro themes, directional and relative-value opportunities, and dislocations in regional rates curves and FX markets.

. Design, implement, and manage trade structures across Asia Rates and FX (e.g. swaps, futures, options, FX spot/forwards/NDFs), including model-driven and discretionary expressions, as well as ongoing position and risk monitoring.

. Maintain a detailed understanding of portfolio P&L and risk drivers, clearly articulating investment views, performance attribution, scenario analysis, and risk exposures at the PM level.

. Conduct fundamental and macroeconomic research specific to Asia to complement quantitative signals, informing model calibration, thematic positioning, and trade construction in rates and FX.

. Contribute to and oversee the development and enhancement of systematic research pipelines, data workflows, and back testing frameworks directly supporting the Asia Rates and FX strategy.

Qualification

. Demonstrated experience in macro and cross-asset trading with a clear track record in Asia Rates and/or FX, within systematic, discretionary, or hybrid investment frameworks.

. Proven ability to design, test, and deploy quantitative models for macro trading using statistical, econometric, or machine-learning techniques.

. Strong understanding of systematic research processes (e.g. signal design, validation, robustness testing) and how they apply to macro and cross-asset strategies, particularly in Asia Rates and FX.

. Must be able to originate and execute research independently, from hypothesis formation to live implementation.

. Must have a sound investment framework and portfolio management skills, including position construction, scenario analysis, and portfolio-level risk budgeting.

. Must know how to risk manage and size positions in line with PM-level risk limits, liquidity constraints, and manage drawdown parameters.

. At least 3 years of experience on either the sell side or buy side in macro, rates, or FX-related roles with PnL track attribution.

. A robust and well-defined investment process and framework is essential, with evidence of disciplined idea generation, validation, and review.

. Quantitative skills within the investment process (e.g. factor construction, signal analysis, risk modelling) would be an advantage.

. Advanced programming or quantitative analysis skills (Python, R, MATLAB, etc.) would be advantageous for model development, research automation, and data handling.