Quantitative Analyst

Millennium Management LLC; Hong Kong; On-site; HKD 500,000 - 900,000; Full time

Job summary

Millennium Management LLC in Hong Kong seeks a quantitative analyst to lead alpha signal research, data-driven portfolio optimization, and production-ready strategy development. You will collaborate with quantitative developers, analysts, and the Senior Portfolio Manager on semi-systematic strategies in the Japanese equity space.

The role emphasizes hands-on research at the intersection of technology, data science, and trading, with a focus on rigorous analysis and scalable implementation.

Qualifications

• 1st class Bachelor’s or Master’s degree in a quantitative field.
• Proficiency in Python for scripting, research integration, and data tooling.

Responsibilities

• Conduct alpha signal research and design mid-frequency alpha ideas.
• Collaborate on portfolio optimization and construction research.
• Support data gathering, backtesting, and attribution analysis.
• Work with AI/ML approaches to enhance research workflows.
• Collaborate with developers and analysts to productionize strategies.

Skills

Python programming

SQL

Algorithms

Multithreading

Data structures

Git

CI/CD

Education

Bachelor’s or Master’s in Mathematics/Physics/Quantitative finance/Statistics

Tools

Columnar databases

Time-series databases

Job description

Quantitative AnalystQuantitative Analyst Job DescriptionWe are seeking a highly skilled and entrepreneurial quantitative analyst for a newly formed quantamental trading team based in Hong Kong, with a focus on systematic equity strategies. You will lead on quantitative research including alpha signal research, portfolio optimization and portfolio construction enhancements, data gathering and analysis, model implementation, backtesting and analysis, portfolio risk and attribution analysis. You will work and support semi-systematic strategies operating in Japanese equity market.The pod is led by a Senior Portfolio Manager with 10+ years of experience and a proven track record in alpha generation, strategy development, and risk management at top-tier firms. This is a unique opportunity to conduct quantitative research from day one, influence strategic direction, and help shape a high-performance team in a collaborative and intellectually rigorous environment.This is a hands-on role at the intersection of technology, research, and trading - you'll collaborate directly with quantitative developers, fundamental analysts and the Senior Portfolio Manager to turn ideas into production-ready strategies.LocationHong KongPrincipal ResponsibilitiesAlpha signal researchConduct alpha signal research, design and generate mid-frequency alpha signal ideas based on various datasets including fundamental data, market data, alternative data.Test and analyze ideas rigorously and turn ideas into implementable strategies.Select and optimize database use for idea generation.Portfolio analysis and risk researchCollaborate with quantitative developers on portfolio optimization and portfolio construction research.Conduct and analyze portfolio risk and attribution.Team & CollaborationWork closely with the Senior Portfolio Manager, fundamental analysts and quantitative developer in the team to understand strategy requirements and translate them into code.· AI/Machine Learning capabilityo Incorporate and leverage the power of AI/ Machine Learning technologies into research.o Build, design and work with AI research agents for efficient research process.Required Technical Skills· 1st class Bachelor's or Master's degree in Mathematics, Physics, Quantitative finance, Statistics or a related quantitative field.· Proficiency in Python, especially for scripting, research integration, and data tools.· Solid understanding of algorithms, data structures, and multithreaded/concurrent programming.· Strong knowledge of SQL and modern database design (e.g., column stores, time-series DBs).· Familiarity with software engineering best practices: version control (Git), unit testing, CI/CD, logging, monitoring, etc.· Strong troubleshooting skills across distributed systems.Required Experience· 1 -3 years of hands-on experience with cash strategies research and trading experience in Asian markets.· Proven experience in:o Handling large-scale market data (e.g., normalization, feed handling, replay systems).o Understanding the market fundamentally and quantitatively.o Dealing with event-driven architectures.o Identifying and resolving performance bottlenecks, data inconsistencies, or system instability in production environments.Highly Valued Relevant Attributes· Excellent communication skills - able to interface directly with quantitative developers, fundamental analysts, PM and traders explain ideas and analysis.· Demonstrated initiative and ownership: able to drive projects independently, while collaborating effectively in a team setting. High intellectual curiosity to drive oneself.· Comfortable in fast-paced, iterative environments where priorities can shift quickly based on market conditions or research insights· Detail oriented, organized, demonstrating thoroughness and strong ownership of work· Prior knowledge of Japanese market is a plus.