Quantitative Researcher, Equity

Millennium Management LLC; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

Millennium Management LLC in Singapore seeks a Quantitative Researcher for its equity team. The role focuses on systematic equity strategies with an Asia perspective, collaborating with the London-based team.

You will generate ideas, gather data, build and backtest models, and support live trading in Asia, including order handling and risk analysis. A strong Python background and a Master’s or PhD in a quantitative field are required.

Qualifications

• Strong research and programming skills in Python are necessary.
• Masters or PhD in a quantitative subject from a top university.
• 1-3 years of experience with cash equities strategies doing alpha research.

Responsibilities

• Collaborate on alpha research and idea generation for systematic equity strategies.
• Build predictive models from diverse data and backtest in Asia context.
• Fine tune Asia portfolio optimization.
• Conduct risk analysis of live performance and PnL attribution.
• Handle live trading operations in Asia markets, including failed orders and futures rolling.

Skills

Python

Education

Master's or PhD in quantitative field

Job description

Quantitative Researcher, Equity

Job Description: Quantitative Researcher as part of a collaborative London-based team, with a focus on systematic equity strategies.

Preferred Location

Asia office (Singapore, Hong Kong, Tokyo)

Principal Responsibilities

• Working alongside the SPM on alpha research, with a primary focus on idea generation, data gathering and research/analysis, model implementation and backtesting for systematic equity strategies - typically approaching ideas from an Asian perspective, but applying them globally.
• Combine sound financial insights and statistical learning techniques to explore, analyze, and harness a large variety of datasets in order to build strong predictive models which will be deployed to the investment process.
• Continuously fine tune Asia portfolio's optimization.
• Conduct risk analysis of live performance and pnl attribution.
• Handling live trading operations in Asia market including failed orders, futures trading/rolling.

Preferred Technical Skills

• Strong research and programming skills in Python are necessary.
• Masters or PhD degree in a quantitative subject such as Computer Science, Applied Mathematics, Statistics, or related field from a top ranked university.

Preferred Experience

• 1-3 years of experience with cash equities strategies doing alpha research.
• Experience with trading in Asian markets. Familiarity with Asia market's distinctive characteristics such as stamp cost, financing, no short constraints etc is preferred.
• Demonstrated ability to understand fundamental and event related data and experience with alternative data sources.

Highly Valued Relevant Experience

• Strong economic intuition and critical thinking.
• Product experience in statistical arbitrage strategies.

Target Start Date

As soon as possible