Quantitative Execution Analyst - Equities

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

Job summary

A leading investment management firm is seeking a Quantitative Execution Analyst to join its central trading division in New York City. The ideal candidate will leverage strong quantitative skills and trading experience to partner with traders, enhancing execution quality through data-driven insights. This position offers a competitive salary, a comprehensive benefits package, and the opportunity to work collaboratively in a dynamic financial environment.

Qualifications

• 4+ years in systematic equities trading or quant analysis.
• Experience in a trading logic/execution capacity is a bonus.
• Hands-on development lead experience preferred.

Responsibilities

• Steer product development of firm’s trading processes.
• Conduct research, identify patterns, evaluate trends.
• Communicate ideas and findings effectively.

Skills

Quantitative analysis

Statistical inference

Problem-solving

Communication

Education

Bachelor's or Master's in CS, Electrical & Electronic Eng, Biochem, applied math or statistics

Tools

Python

Kdb/q

Unix

Excel

Job description

Quantitative Execution Analyst - Equities

Join to apply for the Quantitative Execution Analyst - Equities role at Millennium

Quantitative Execution Analyst - Equities

Join to apply for the Quantitative Execution Analyst - Equities role at Millennium

Position Overview

An execution / trading focused experienced quant analyst need to join a small group of technical execution quants in the firms central trading division. The team partners with trading technology teams, portfolio managers, business development teams, traders with the goal of building scalable, automated trading processes.

Position Overview

An execution / trading focused experienced quant analyst need to join a small group of technical execution quants in the firms central trading division. The team partners with trading technology teams, portfolio managers, business development teams, traders with the goal of building scalable, automated trading processes.

We consult, advise, and assist the firm’s traders and portfolio managers to improve their trading. We collaborate with the firm’s technologists to enhance trading systems and build new products. We maintain working relationships with our sell-side broker partners to help with the evaluation and design of their algorithms and other trading services.

Principal Responsibilities

• Steer product development of the firms central trading processes and internal liquidity pools, soliciting appropriate inputs from various stakeholders,
• Improve and broaden the firms existing processes that evaluate and drill into trading performance of a particular portfolio management team
• looking for and recommending possible opportunities to improve execution quality by interpreting performance reports and performing custom analysis
• contribute to feature development in the analysis system (expansion by asset class, product specifics, trading style specifics, and additional market coverage)
• Conduct research, identify patterns, evaluate trends
• formulate and test hypotheses, design tests, interpret results
• Communicate all ideas, questions, and conclusions concisely and effectively
• Contribute to regular data maintenance—monitoring and cleaning
• Develop expertise in the firm’s trading practices and industry developments
  
  

Qualifications

• 4+ years of relevant systematic equities trading or quant analyst experience
• Bachelor's or Master's degree in CS, Electrical & Electronic Eng, Biochem, applied math or statistics
• Experience in a trading logic/execution capacity for a systematic trading process strategy on the buy side is a bonus and can substitute for the 4+ years of sell side experience requirement.
• Experience as a hands-on development lead, mentoring and guiding junior developers.
• Basic principles of statistical inference and excellent quantitative and analytical skills, with the ability to interpret complex data and develop actionable insights.
• Strong verbal and written communication skills, with the ability to convey technical concepts to non-technical stakeholders.
• Proven ability to solve complex problems and think critically in quickly evolving situations
• Ability to work effectively in a team-oriented environment, collaborating with cross-functional teams.
• Experience in python essential, experience in kdb/q highly preferred
• Unix and variants, excel and shell experience is essential
  
  

The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. 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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Research, Analyst, and Information Technology

• Industries

  Investment Management

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