Quantitative Developer – Equity Factor Model

Millennium; London; On-site; GBP 180,000 - 350,000; Full time

Job summary

An established industry player is seeking a talented Quantitative Developer to join their Equity Factor Risk Model Technology Team. This role focuses on building expertise in equity portfolio analytics, including the design and development of advanced risk models. The ideal candidate will have substantial experience in software development within finance, particularly with SQL and programming skills in R or Python. This position offers the opportunity to work in a dynamic environment, contributing to innovative projects that drive efficiency and enhance risk management processes. If you're passionate about technology and finance, this could be the perfect opportunity for you.

Qualifications

• 5+ years of software development experience in finance or top-tier tech companies.
• Advanced knowledge of SQL and programming skills in R or Python.
• Experience designing data Lakehouse architecture is a plus.

Responsibilities

• Design and develop equity portfolio analytics framework.
• Implement internal process improvements and automate manual processes.
• Collaborate with portfolio research team on analytics model integration.

Skills

Software Development

SQL

R Programming

Python Programming

Data Lakehouse Architecture

Statistics

Communication Skills

Equity Markets Knowledge

Education

Bachelor's Degree in Computer Science or related field

Tools

AWS Glue

AWS EMR

Spark

Trino

Job description

Quantitative Developer – Equity Factor Model

Join to apply for the Quantitative Developer – Equity Factor Model role at Millennium

Quantitative Developer – Equity Factor Model

2 weeks ago Be among the first 25 applicants

Join to apply for the Quantitative Developer – Equity Factor Model role at Millennium

Get AI-powered advice on this job and more exclusive features.

Millennium is looking for an exceptional individual to join the Equity Factor Risk Model Technology Team, which is responsible for designing and developing equity portfolio analytics framework, including MSCI Barra equity factor risk models.

Principal Responsibilities

• Build expertise in Barra and proprietary factor risk models
• Design and build data Lakehouse architecture
• Identify, design, and implement internal process improvements: automating manual processes, optimizing data pipeline, re-designing infrastructure for greater scalability, etc.
• Work with portfolio research team on the development and integration of new analytics models into the firm’s delivery platforms
• Perform extensive back-testing of existing and new risk factor models
• Support and run processes for risk management and equity portfolio research
  
  

Qualifications/Skills Required

• Minimum of 5 years of software development experience in finance or top-tier technology companies.
• Advanced working knowledge of SQL with at least 5 years of professional development experience.
• Advanced R or Python programming skills with at least 5 years of professional development experience, including topics like OOP.
• Experience designing and building data Lakehouse architecture is a significant plus.
• Experience working with Spark and Trino/Spark compute, and expertise with open table formats such as Delta Lake and/or Iceberg is a significant plus.
• Experience with AWS data services like AWS Glue and AWS EMR.
• Strong working knowledge of statistics.
• Broad understanding of equity markets and portfolio construction.
• Strong communication skills, as this role involves direct communication with risk management and trading.
• Detail-oriented, a quick learner, and able to adapt to a dynamic, high-paced environment.
• Demonstrated track record of success in challenging environments.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Investment Management

Referrals increase your chances of interviewing at Millennium by 2x

Sign in to set job alerts for “Quantitative Developer” roles.

London, England, United Kingdom 2 months ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 week ago

Greater London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 months ago

Quantitative Fixed Income Strat, Analyst, AWM - London

London, England, United Kingdom 3 weeks ago

London, England, United Kingdom 5 days ago

London, England, United Kingdom 2 months ago

Python Quant Developer - Equity Derivatives

London, England, United Kingdom 8 months ago

Python Quant Developer - Leading energy firm

Quantitative Researcher (Machine Learning)

London, England, United Kingdom 2 months ago

London, England, United Kingdom 5 days ago

Quant Researcher - Fundamental Equities - Worlds most successful hedge fund

City Of London, England, United Kingdom £180,000.00-£350,000.00 2 weeks ago

Quantitative Developer, Systematic Equities

Greater London, England, United Kingdom 2 weeks ago

Quantitative Developer - Systematic Hedge Fund

London, England, United Kingdom 1 day ago

Global Banking & Markets - Quantitative Developer - VP - London

London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 years ago

London, England, United Kingdom 1 week ago

Greater London, England, United Kingdom 1 month ago

Greater London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 3 weeks ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 8 months ago

Graduate Software Developer/ Quantitative Developer/ Quantitative Researcher - Up to £170,000 + Bonus + Package

London, England, United Kingdom 2 weeks ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.