Quant Analyst - Equity Factor Models & Tech Liaison

Millennium Management LLC; New York (NY); On-site; USD 175,000 - 250,000; Full time

Benefits offered by this job

Comprehensive benefits

Discretionary bonus

Job summary

Millennium is seeking a Quantitative Business Analyst - Equity Factor Models in New York City. You will bridge quantitative research and software engineering to define requirements for equity risk modeling and trading tools, ensuring accuracy and robust data pipelines.

You will prototype models, validate inputs, and contribute to end-to-end delivery with a collaborative team, while communicating complex concepts to technical and non-technical stakeholders.

Qualifications

• Advanced degree (PhD or Masters) in a quantitative field.
• At least 2 years post-PhD as a business analyst or project manager in hedge funds/asset management.
• 2+ years in software development lifecycles and Agile delivery.
• Strong knowledge of asset pricing, quantitative factor risk modeling, portfolio construction and risk management concepts.
• Proficiency in Python and SQL for data analysis and prototyping.
• Experience translating complex quantitative needs into actionable technical specifications.
• Excellent written and verbal communication skills with technical and non-technical stakeholders.
• Experience with equity factor risk models or related data technologies is preferred.

Responsibilities

• Serve as the primary liaison between quantitative research and software engineering teams, translating model specifications and investment strategies into clear, testable technical requirements.
• Manage the end-to-end requirements lifecycle for equity risk modeling and trading tools, from discovery and functional specifications through acceptance criteria and delivery.
• Design and oversee the integration of quantitative models and datasets into the firm’s trading and risk infrastructure.
• Analyze and prototype against market, portfolio, and model data to validate inputs and outputs, strengthen data integrity, and support the quantitative research pipeline.
• Lead end-user testing and feature validation to ensure delivered solutions reflect the mathematical and business intent of investment professionals and portfolio research teams.
• Create and maintain clear documentation for quantitative tools and data feeds, including functional specifications, model logic descriptions, and data dictionaries.

Skills

Python

SQL

Agile

Communication

Quantitative analysis

Data modeling

Collaboration

Problem solving

CFA (preferred)

Education

PhD or Masters in a quantitative field

Job description

Millennium is seeking a Quantitative Business Analyst - Equity Factor Models in New York City. You will bridge quantitative research and software engineering to define requirements for equity risk modeling and trading tools, ensuring accuracy and robust data pipelines.

You will prototype models, validate inputs, and contribute to end-to-end delivery with a collaborative team, while communicating complex concepts to technical and non-technical stakeholders.