Quantitative Researcher - Treasury

Millennium; New York (NY); On-site; USD 175,000 - 250,000; Full time

Job summary

Millennium, a global investment firm located in New York, seeks a quantitative analyst to advance margin calculations across fixed income and equities. You will collaborate with treasury, quant developers, and technology to build out the research framework and library.

Strong Python skills are essential for developing models and implementing solutions. Ideal candidates have 2+ years in quantitative analysis, a background in equities or fixed income, and excellent analytical and communication

Qualifications

• 2+ years of Python for quantitative analysis.
• 2+ years of equities or fixed income quantitative analysis experience.
• Outstanding analytical and statistical skills with strong domain understanding.

Responsibilities

• Analyze margin calculations across fixed income and equities.
• Collaborate with treasury, FIC business management, quant developers, and technology to build the quant research framework and library.
• Optimize, enhance, and maintain margin and stress cash models.
• Implement global netting margin agreements.
• Apply Python to build and implement quantitative models with hands-on development.
• Translate quantitative research findings into improved financial performance.
• Collaborate with a global team of quants in New York, London, Geneva, and Tel Aviv.
• Own delivery timelines for Treasury applications and projects, including supporting examples and documentation.

Skills

Python for quantitative analysis

Equities/Fixed income analysis

Analytical & statistical skills

Tools

Python

Job description

About Millennium

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, the firm's active, multi-manager business model demands flexible, scalable technology and advanced proprietary systems, including the development of the next generation of analytical and trading capabilities. This high-performing quant modeling team in New York, NY builds Millennium's next generation of in-house analytics and trader support tools, working alongside a global group of quants. It is a motivated environment that values hard work, adaptability, and consistent achievement, with the utmost commitment to excellence.

What You'll Do

• Conduct detailed analysis on margin calculations across fixed income and equities.
• Collaborate with the treasury team, FIC business management team, quant developers, and technology to build out the quant research framework and library.
• Optimize, enhance, and maintain the margin and stress cash models.
• Implement global netting margin agreements.
• Apply strong Python expertise to build and implement quantitative models, with hands-on development throughout.
• Translate quantitative research findings into improved financial performance.
• Work closely with a global team of quants in New York, London, Geneva, and Tel Aviv.
• Own delivery timelines for Treasury applications and projects, including supporting examples and documentation.

What You Bring

• 2+ years of professional experience using Python for quantitative analysis.
• 2+ years of experience in equities or fixed income quantitative analysis, ideally in treasury or prime financing.
• Outstanding analytical and statistical skills, with solid domain understanding.
• Ability to work collaboratively in a team-oriented environment.
• Ambitious and driven to compete at the highest levels of the financial industry.
• Strong communication skills, both written and verbal.

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.