Commodities Quantitative Researcher, Systematic Global Macro

Millennium Management; New York (NY); Remote; USD 100,000 - 200,000; Full time

Job summary

Join an innovative and dynamic systematic investment team as a Commodities Quantitative Researcher. This role offers the chance to work in a fast-paced environment, applying cutting-edge techniques to develop new signals and strategies across commodities, fixed income, and FX markets. You will be instrumental in analyzing diverse datasets, collaborating closely with senior team members, and contributing to the entire investment process. With excellent career growth opportunities and a focus on leveraging technology for high-quality returns, this position is perfect for those passionate about quantitative research and market innovations.

Qualifications

• 2-4 years of quantitative research experience focusing on commodities.
• Strong skills in Python and experience with large datasets.

Responsibilities

• Analyze large datasets for idea generation in commodities trading.
• Collaborate with the investment team on systematic trading strategies.

Skills

Python

C Programming

Analytical Skills

Problem-Solving Skills

Communication Skills

Education

Bachelor's Degree in Computer Science

Master's Degree in Engineering

PhD in Applied Mathematics

Degree in Statistics

Tools

Machine Learning Libraries

Job description

Commodities Quantitative Researcher, Systematic Global Macro

Please direct all resume submissions to [e-mail] and reference REQ-18098 in the subject.

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 small, collaborative, and entrepreneurial systematic investment team is seeking a strong commodities 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.

Job Description

Quantitative Researcher as part of a small, collaborative systematic global macro team with a focus on applying cutting edge techniques to strategies across the commodities, fixed income, and FX space.

Location

Flexible, with slight preference for Switzerland.

Principal Responsibilities

• Identify and onboard new global markets and datasets.
• Analyze and manipulate large and diverse data sets for idea generation and alpha research with a focus on the commodities space.
• Research and develop signals, leveraging a variety of market and fundamental datasets, to be deployed in systematic trading strategies.
• Collaborate with the Senior Portfolio Manager and team in a transparent environment, engaging with the whole investment process from idea generation through execution with a focus on the Global Commodities space.

Preferred Technical Skills

• Strongly skilled in Python.
• Experience programming in C is a plus.
• Bachelor, Master’s, or PhD degree in Computer Science, Engineering, Applied Mathematics, Statistics or related STEM field.
• Excellent communication, analytical, and problem-solving skills.

Preferred Experience

• 2-4 years of experience working in a quantitative research capacity with a focus on Ags, Energy, Metals, Fixed Income, FX, or Equity Index strategies.
• Experience working with large and diverse data sets, specifically data sets associated with the commodity markets.
• Commodities market experience modeling futures curves and/or cross-market relationships.

Highly Valued Relevant Experience

• Experience in quantitative, econometrics, asset pricing, or macro sub-fields.
• Experience with machine learning, statistical techniques and related libraries.

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.