Senior Quant Researcher, Portfolio Risk & Analytics

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

Job summary

Millennium is a global, diversified alternative investment firm seeking a Portfolio Researcher in New York. You will develop factor models, risk measurement frameworks and contribute to portfolio analytics with interdisciplinary teams.

The role requires a quantitative degree and 4+ years in a financial setting, with Python/SQL and data libraries like Polars or Pandas. Strong collaboration and independent initiative are valued, and the base salary range is substantial.

Qualifications

• Advanced quantitative degree or experience in a financial setting.
• Strong programming in Python and SQL, with data library experience.
• Experience with equity factor risk modeling and portfolio analytics.
• Proven ability to generate insights from large datasets.

Responsibilities

• Develop and maintain robust factor modeling and risk measurement frameworks.
• Support design and enhancement of the quantitative framework with cross‑functional partners
• Collaborate with Technology to deploy models to production with accuracy and scalability
• Lead research into quantitative models including factor models and advanced risk approaches
• Apply analytics to improve portfolio insight, risk transparency, and decision support

Skills

Quantitative analysis

Python programming

SQL

Public repositories

Portfolio analytics

Statistical modeling

Education

Bachelor's degree in a quantitative field

Tools

Polars

Pandas

MSCI/Barra

Bloomberg

Axioma

Job description

Millennium is a global, diversified alternative investment firm seeking a Portfolio Researcher in New York. You will develop factor models, risk measurement frameworks and contribute to portfolio analytics with interdisciplinary teams.

The role requires a quantitative degree and 4+ years in a financial setting, with Python/SQL and data libraries like Polars or Pandas. Strong collaboration and independent initiative are valued, and the base salary range is substantial.