Quantitative Researcher, Equity

Millennium; Singapore; Hybrid; SGD 120,000 - 190,000; Full time

Job summary

Millennium Management LLC seeks a Quantitative Researcher for a London-based team focusing on systematic equity strategies with an Asia tilt. The role involves data-driven idea generation, model implementation, backtesting, and live risk assessment across Asia markets.

Qualified candidates have a Master’s degree in a quantitative field and 1–3 years of cash equities alpha research experience, plus strong Python programming skills. Asia-market trading experience is a plus.

Qualifications

• 1-3 years of cash equities alpha research experience.
• Experience trading in Asian markets preferred.
• Ability to work with fundamental and event data and alternative data sources.

Responsibilities

• Assist alpha research with idea generation, data gathering and backtesting for systematic equity strategies.
• Develop and deploy predictive models for investment process.
• Contribute to Asia portfolio optimization and risk analysis of live performance.
• Support live trading operations in Asia markets including handling failed orders and rolling futures.

Skills

Python

Education

Master's 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