2026 Quant Trading Associate

Quant Blueprint LLC; New York (NY); On-site; USD 100,000 - 200,000; Full time

Benefits offered by this job

Comprehensive benefits package

Discretionary performance bonus

Job summary

Quant Blueprint LLC in New York seeks a Quantitative Researcher to drive innovation in single stock options. This position involves collaborating with senior management to develop robust strategies and strong predictive models through comprehensive research and programming skills.

The ideal candidate holds a Master's or PhD in a quantitative field, demonstrates independent problem-solving abilities, and is proficient in Python. The job offers a competitive compensation package including a base salary ranging from $100,000 to $200,000, based on expertise.

Qualifications

• 2-5 years of experience in quantitative research/quantitative trading focused on equity/equity options strategies.
• Excellent communication and independent problem-solving skills.
• Experience in statistical arbitrage strategies is highly preferred.

Responsibilities

• Work on alpha research and development for systematic equity volatility strategies.
• Explore, analyze, and harness datasets to build predictive models.
• Collaborate transparently with the Senior Portfolio Manager.

Skills

Data gathering and pre-processing

Model implementation and back-testing

Statistical learning techniques

Strong research and programming skills

Python

Education

Master's or PhD degree in a quantitative subject

Bachelor's degree in a quantitative subject

Tools

Python

C++

kdb/q

SQL

Job description

Overview

Quantitative Researcher, Single Stock Options. Millennium is a top tier global hedge fund with a strong commitment to leveraging market innovations in technology and data to deliver high-quality returns. A fast-growing, collaborative, and entrepreneurial systematic investment team is seeking a strong single stock options quantitative researcher to join in developing new signals and strategies. This opportunity provides a dynamic and fast-paced environment with excellent opportunities for career growth.

Responsibilities

• Work alongside the Senior Portfolio Manager on alpha research and development for systematic equity volatility strategies, with a primary focus on:
  • Idea generation
  • Data gathering and pre-processing
  • Research and analysis
  • Model implementation and back-testing
• 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
• Collaborate with the Senior Portfolio Manager in a transparent environment, engaging with the whole investment process

Preferred Location

New York

Education and Qualifications

• Master's or PhD degree in a quantitative subject such as Applied Mathematics, Statistics, Computer Science, or related field from a top-tier university
• Very strong candidates with Bachelor's degrees will also be considered
• Strong abstract reasoning and independent problem-solving skills
• Excellent communication skills

Technical Skills

• Strong research and programming skills
• Python is a must
• Experience in C++, kdb/q, SQL is a plus

Experience

• 2-5 years of experience working in quantitative research/quantitative trading with a focus on mid-frequency linear equity/equity options strategies
• Demonstrated ability to conduct independent and innovative signal research
• Experience in statistical arbitrage strategies is highly preferred
• Experience in options/volatility is preferred but not required
• Experience in machine learning is a plus (theoretical understanding and hands-on experience in building scalable ML pipelines for data extraction, feature engineering, model implementation, training, tuning, evaluation, and deployment)

Target Start Date

12 months for exceptional candidates (strong preference for candidates who can start sooner)

Compensation

Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. The estimated base salary range for this position is $100,000 to $200,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual's experience level and the qualifications they bring to the role to formulate a competitive total compensation package.