Quant Developer - Equity Derivatives

Millennium; Hong Kong; On-site; HKD 1,200,000 - 1,800,000; Full time

Job summary

Millennium is seeking a senior Equity Derivatives technology professional to join its IT organization in Hong Kong. You will partner with portfolio managers and traders to deliver real-time pricing, risk, and P&L technology solutions for equity derivatives and structured products.

You will develop and support position management, pricing, and risk applications, collaborating with global Technology and Quant teams to execute the equity derivatives technology roadmap in a fast-paced front-office

Qualifications

• Seven or more years of experience in equity derivatives technology, quantitative development, or front-office trading systems.
• Strong practical knowledge of equity derivatives, including vanilla options and volatility products.
• Experience building and supporting real-time front-office position, risk, and P&L applications, including P&L explain, attribution, reconciliation, and intraday reporting.
• Understanding of the end-to-end risk lifecycle, from trade capture and market data updates through pricing, position aggregation, and risk calculation.
• Strong Java engineering skills, including high-performance and concurrent application design, latency and throughput optimization, JVM tuning, profiling, and memory management.
• Experience with event-driven, distributed messaging architectures, preferably Solace and Kafka.
• Proven ability to partner with Portfolio Managers, traders, quantitative developers, and global Technology teams to deliver robust solutions.
• Strong communication skills, with the ability to translate business requirements into clear technical designs and provide production support for business-critical trading or risk platforms in a fast-paced front-office environment.

Responsibilities

• Partner with Portfolio Managers and traders to deliver pricing, risk, and P & L technology solutions for Equity Derivatives.
• Develop and support real-time applications for position management, pricing, risk, and P & L.
• Collaborate with global Technology and Quant teams to deliver the Equity Derivatives technology roadmap.

Skills

Java engineering

High-performance design

Concurrency

Latency optimization

JVM tuning

Profiling

Memory management

Event-driven architectures

Strong communication

Tools

Solace

Kafka

Job description

About Millennium

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium's mission is to deliver results for our investors. Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.

About Millennium

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium's mission is to deliver results for our investors. Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.

Meet the Team

Millennium's Information Technology organization is core to the health and growth of the firm. Supporting an active, multi-manager business model, the team develops and maintains flexible, scalable technology and advanced proprietary systems, including next-generation analytical and trading capabilities. The Equity Derivatives technology team partners with Asia-based and global investment teams to support technology solutions for equity derivatives and structured products.

What You'll Do

• Partner with Portfolio Managers and traders to deliver pricing, risk, and P & L technology solutions for Equity Derivatives.
• Develop and support real-time applications for position management, pricing, risk, and P & L.
• Collaborate with global Technology and Quant teams to deliver the Equity Derivatives technology roadmap.

What You Bring

• Seven or more years of experience in equity derivatives technology, quantitative development, or front-office trading systems within financial markets.
• Strong practical knowledge of equity derivatives, including vanilla options and volatility products.
• Experience building and supporting real-time front-office position, risk, and P & L applications, including P & L explain, attribution, reconciliation, and intraday reporting.
• Understanding of the end-to-end risk lifecycle, from trade capture and market data updates through pricing, position aggregation, and risk calculation.
• Strong Java engineering skills, including high-performance and concurrent application design, latency and throughput optimization, JVM tuning, profiling, and memory management.
• Experience with event-driven, distributed messaging architectures, preferably Solace and Kafka.
• Proven ability to partner with Portfolio Managers, traders, quantitative developers, and global Technology teams to deliver robust solutions.
• Strong communication skills, with the ability to translate business requirements into clear technical designs and provide production support for business-critical trading or risk platforms in a fast-paced front-office environment.