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Millennium

Quantitative Researcher, Systematic Macro

Millennium, New York, New York, us, 10261

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Quantitative Researcher, Systematic Macro

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Quantitative Researcher, Systematic Macro

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Millennium Quantitative Researcher, Systematic Macro

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Quantitative Researcher, Systematic Macro

role at

Millennium Quantitative Researcher, Systematic Macro

Please direct all resume submissions to

QuantTalentUS@mlp.com .

Millennium is a top tier global hedge fund with a strong commitment to leveraging market innovations in technology and data to deliver high-quality returns.

Job Description

A fast-growing, collaborative and entrepreneurial systematic investment team is seeking a highly skilled Quantitative Researcher with expertise in systematic macro strategies. The ideal candidate will contribute to alpha research, signal development, and strategy implementation in a dynamic and fast-paced environment. This role offers significant career growth.

Location

New York

Principal Responsibilities

Work closely with the Senior Portfolio Manager to develop systematic macro strategies, focusing on alpha research, including idea generation, data preprocessing, statistical analysis, backtesting and implementation. Contribute to and enhance the internal research platform, including data pipelines, statistical learning tools, alpha analytics, and backtesting frameworks. Independently explore and develop new alpha ideas while collaborating in a transparent and team oriented environment.

Preferred Technical Skillset

Strong research and programming skills, with proficiency in Python. Solid experience with data analytics libraries (e.g., Pandas, SciPy, NumPy, Polars); extensive library-building experience is a plus. Masters or PhD degree in a quantitative subject such as Applied Mathematics, Statistics, Physics, Engineering, Financial Engineering, Computer Science or related field from a top ranked university. Strong candidates with Bachelors degree will also be considered. Exceptional problem-solving abilities, intellectual curiosity (especially in alpha research), and a proactive research mindset. Creativity and out of the box thinking, combined with rigorous quantitative analysis.

Preferred Experience

2+ years of experience in quantitative research with a focus on systematic macro strategies. Preferred experience in hedge fund alpha research in commodities, FX, equity and bond futures. Experience in macro intraday strategies is a strong plus. Experience in trading cost analysis is a plus. Experience in machine learning is a plus.

Target Start Data

Up to 12 months (strong preference for candidates who can start sooner)

Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. The estimated base salary range for this position is $150,000 to $200,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individuals experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

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Finance and Sales Industries

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