Quantitative Researcher - EQ Vol

Millennium; New York (NY); Sur place; USD 175 000 - 250 000; Plein temps

Avantages offerts par ce poste

Base salary

Discretionary bonus

Comprehensive benefits

Résumé du poste

Millennium Management LLC in New York seeks a Quantitative Researcher for Equity Derivatives (EQ Vol) to join the Quant Analytics team. You will develop pricing, pre-trade analysis tools and risk analytics for our in-house library, and collaborate with Quants, PMs and IT to deploy models into production.

You'll need a quantitative background, 3+ years as an equity derivatives quant or strat, and strong C++ and Python skills, plus clear communication in a fast-paced environment.

Qualifications

• Bachelor’s degree in Computer Science or a related field; MSc/PhD in Quantitative Finance, Math, Physics or Engineering preferred.
• 3+ years of experience as an Equity Derivatives quant or strat.
• Strong programming in C++ and Python; object-oriented design and analytical skills required.

Responsabilités

• Work with Quants globally to develop pricing, pre-trade analysis tools, and risk analytics for in-house pricing library, focusing on equity derivatives.
• Interact with Portfolio Managers and Risk Management to discuss modeling approaches and valuation methods.
• Collaborate with IT to deploy models into production environments.

Connaissances

C++

Python

Analytical thinking

Communication

Independent work

Formation

Bachelor's in CS or related field

MSc/PhD in quantitative field preferred

Description du poste

Quantitative Researcher - EQ Vol

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.

Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.

Meet the Team

Core to the health and growth of our business, technology at Millennium supports an active, multi-manager model that demands flexible, scalable technology and advanced proprietary systems, including the next generation of analytical and trading capabilities. Within it, the Quant Analytics team builds our next-generation in-house analytics and trader support tools. The team develops and maintains the in-house pricing libraries that support trading in Equity Derivatives, Fixed Income, Commodities, Credit and FX, in a dynamic, fast-paced environment with excellent growth opportunities.

What You’ll Do

• Work closely with Quants globally to develop pricing, pre-trade analysis tools and risk analytics for our in-house pricing library, focusing on equity derivatives
• Interact with Portfolio Managers and Risk Management to gather requirements, discuss modeling approaches and methodologies for valuation and risk
• Collaborate with IT to deploy the models into production environments

What You Bring

• Bachelor’s degree in Computer Science or a related field; preferably MSc/PhD in a quantitative subject such as Quantitative Finance, Math, Physics or Engineering preferred
• 3+ years of experience as an Equity Derivatives quant or strat
• Good knowledge of Object-Oriented Programming, preferably C++; Python experience preferred
• Strong analytical, mathematical and problem-solving skills
• Solid communication and interpersonal skills and ability to work independently in a fast-paced environment
• Detail oriented, organized, demonstrating thoroughness and strong ownership of work
• Experience in equity light exotics or structured products modeling preferred

Salary Range

Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $175,000 to $250,000, 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.