Quantitative Researcher - Systematic Equity Signals & AI

Millennium Management LLC; New York (NY); On-site; USD 150,000 - 200,000; Full time

Job summary

Millennium Management LLC in New York is seeking a Quantitative Researcher to join a small, collaborative team focused on systematic equity strategies. You will contribute across the full research lifecycle, from idea generation to live strategy refinement, with horizons from intraday to several weeks.

The role emphasizes strong Python skills, experience with data sourcing and modeling, and applying modern ML techniques to research workflows.

Qualifications

• Bachelor’s, Master’s, or PhD in a quantitative field such as Mathematics, Statistics, Computer Science, Physics, or a related STEM discipline.
• Strong Python skills; experience building research tools or production-quality research infrastructure is highly desirable.
• Experience developing systematic equity or statistical arbitrage alphas, including intraday rebalancing of multi-day horizon signals.
• Experience working with alternative, fundamental, and exchange / market microstructure data.
• Practical experience applying LLMs or modern ML techniques to research workflows, signal generation, or dataset creation is highly desirable.

Responsibilities

• Partner closely with the SPM and team on alpha research for systematic equity strategies.
• Generate and test new ideas using financial intuition, statistical learning, and large, diverse datasets.
• Integrate Agentic AI workflows where they can improve productivity, model development, or operational robustness.
• Source, clean, and analyze alternative, fundamental, and market microstructure data.
• Build predictive models and contribute to signal combination, portfolio implementation, and ongoing model refinement.
• Work in a transparent, collaborative environment with exposure to the broader investment process.

Skills

Python

Quantitative research

Statistical learning

Data analysis

ML techniques

LLMs

Education

Bachelor’s degree

Master’s degree

PhD

Job description

Millennium Management LLC in New York is seeking a Quantitative Researcher to join a small, collaborative team focused on systematic equity strategies. You will contribute across the full research lifecycle, from idea generation to live strategy refinement, with horizons from intraday to several weeks.

The role emphasizes strong Python skills, experience with data sourcing and modeling, and applying modern ML techniques to research workflows.