Quant Researcher: AI-Driven Alpha & Risk Insights

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

Job summary

Millennium Management LLC in New York seeks a senior Quantitative Researcher to develop models that improve risk-adjusted returns across portfolios. You will research new data sources and implement quantitative frameworks, partnering with technology to deploy models into production.

The role requires 5+ years in quantitative research, a technical degree (MS/PhD preferred), and strong Python/SQL skills. AI tools experience is a plus; strong communication with senior management is essential.

Qualifications

• Degree in a technical or quantitative field; Master’s or Ph.D. preferred.
• 5+ years of experience in a quantitative research role within finance.
• Strong programming in Python and SQL; ability to deploy models to production.

Responsibilities

• Research and develop quantitative frameworks to identify drivers of portfolio performance and risk.
• Explore new datasets and models to enhance analytical capabilities.
• Conduct tactical quantitative research for senior management’s questions.
• Partner with technology to productionize models and tools.
• Collaborate with portfolio, risk, and business managers for day-to-day use.
• Prepare presentations and reports communicating findings to senior leadership.

Skills

Python

SQL

AI tools

Research

Communication

Education

Master's or PhD in a technical field

Tools

Pandas

NumPy

Job description

Millennium Management LLC in New York seeks a senior Quantitative Researcher to develop models that improve risk-adjusted returns across portfolios. You will research new data sources and implement quantitative frameworks, partnering with technology to deploy models into production.

The role requires 5+ years in quantitative research, a technical degree (MS/PhD preferred), and strong Python/SQL skills. AI tools experience is a plus; strong communication with senior management is essential.