Quant Portfolio Risk & Modeling Researcher

Millennium Management LLC; New York (NY); On-site; USD 160,000 - 250,000; Full time

Job summary

Millennium Management LLC is seeking a Portfolio Researcher to advance factor modeling, risk measurement, and portfolio analytics within a global risk framework. You will collaborate with Technology, Risk, and Portfolio Managers to enhance quantitative systems and produce actionable investment insights.

The role requires a quantitative degree and 4+ years in a financial setting, with strong Python/SQL skills and familiarity with MSCI/Barra, Axioma, or Bloomberg models.

Qualifications

• 4+ years of experience in a quantitative role within a financial organization.
• Degree in a quantitative discipline such as statistics, mathematics, engineering, or related field.

Responsibilities

• Develop and maintain robust factor modeling and risk measurement frameworks, with a strong focus on portfolio optimization, risk analysis, and performance attribution.
• Support the design and enhancement of the team’s broader quantitative framework in partnership with Technology, Risk, Portfolio Managers, and business stakeholders.
• Partner with Technology to transition quantitative models into production environments with a focus on accuracy, scalability, and workflow efficiency.
• Lead research into, and implementation of, quantitative models including factor models and more complex risk assessment approaches.
• Apply quantitative tools and analytics to improve portfolio insight, risk transparency, and investment decision support.

Skills

Python

SQL

Polars

Pandas

Quantitative analysis

Portfolio analytics

Education

Bachelor’s degree in a quantitative field

Tools

MSCI/Barra

Axioma

Bloomberg

GitHub

Job description

Millennium Management LLC is seeking a Portfolio Researcher to advance factor modeling, risk measurement, and portfolio analytics within a global risk framework. You will collaborate with Technology, Risk, and Portfolio Managers to enhance quantitative systems and produce actionable investment insights.

The role requires a quantitative degree and 4+ years in a financial setting, with strong Python/SQL skills and familiarity with MSCI/Barra, Axioma, or Bloomberg models.