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Millennium

Quantitative Researcher, Multi-Asset

Millennium, New York

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Job Description
We are seeking a senior quantitative researcher to partner with the Senior Portfolio Manager to create alpha from various data sources for the systematic trading of global multi-asset class strategies.

Quantitative Researcher, Multi-Asset
Job Description
We are seeking a senior quantitative researcher to partner with the Senior Portfolio Manager to create alpha from various data sources for the systematic trading of global multi-asset class strategies.
Location
Berkeley, CA (open to US based candidates)
Principal Responsibilities

  • Work alongside the Senior Portfolio Manager on building prediction and portfolio optimization pipelines:
  • Understand the potential prediction power from data source and identify alphas
  • Develop state-of-the-art ML algorithms for prediction and optimization
  • Performing various statistical analysis to ensure the robustness
  • Mentor and guide junior team members
  • Combine sound financial insights and statistical learning techniques to explore, analyze, and harness a large variety of datasets
  • Aid in developing and extending the teams proprietary research platform
  • Collaborate with the PM and the trading group in a transparent environment, engaging with the whole investment process
  • Stay current on state-of-the-art technologies and tools including technical libraries, computing environments and academic research
Preferred Technical Skills
  • Strongly skilled in Python and R (Pandas, NumPy, TensorFlow, PyTorch, etc.)
  • Ph.D. degree in Computer Science, Mathematics, Statistics, or related STEM field from top ranked University
  • Demonstrated knowledge of quantitative finance, mathematical modelling, statistical analysis, regression, and probability theory
  • Excellent communication, problem-solving, and analytical skills, with the ability to quickly understand and apply complex concepts
  • Experience and success working with large and diverse data sets
Preferred Experience
  • 4+ years of experience working in a systematic trading environment
  • 4+ years of hands-on experience working with multiple vendor data sets and, in particular, manipulating data (assessing, cleaning, creating features, etc.)
  • Established alpha research pipeline with production grade output
  • Strong experience in evaluating alphas with statistical methods
  • Experience collaborating effectively with cross functional teams, multitasking and adapting in a fast-paced environment
Highly Valued Relevant Experience
  • Experience working with big data sets
  • Experience working in an autonomous, fast-paced environment
Target Start Date
April 1 (open to 12 month NCA for strong candidates)
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.
Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance and Sales
  • Industries
    Investment Management

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