Volatility Quantitative Researcher, Systematic Equities

Volatility Quantitative Researcher, Systematic Equities Please direct all resume submissions to QuantTalent@mlp.com and reference REQ-15466 in the subject. 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 Volatility Quantitative Researcher as part of a small, collaborative team based in New York, with a focus on systematic equity and volatility strategies Location New York or Paris Principal Responsibilities Work alongside the SPM on developing volatility futures spreads and outright systematic strategies, on listed futures globally, with a primary focus on: idea generation, data gathering and research/analysis, model implementation and backtesting for systematic volatility strategies Conduct research on global systematic option markets, with a focus on single stocks vs index spreads and selected bespoke ETFs, to generate signals for systematic equity volatility strategies Combine sound financial insights and statistical learning techniques to explore, analyze, and harness a large variety of datasets in order to build strong predictive models which will be deployed to the investment process Assist in automating the research, execution, and production framework of the trading environment Monitor strategy performance in production Collaborate with the SPM in a transparent environment, engaging with the whole investment process Preferred Technical Skills Strong research and programming skills, primarily in Matlab/Python, SQL, and KDB Strong Linux knowledge Masters or PhD degree in a quantitative subject such as Computer Science, Applied Mathematics, Statistics, or related field Preferred Experience Minimum of 2 years of experience as a quantitative analyst/trader in volatility Demonstrated ability to conduct independent research using large data sets Candidates with quantitative development experience will be considered as well, provided they also have relevant research experience Highly Valued Relevant Experience: Strong economic intuition and critical thinking Product experience in statistical arbitrage strategies and volatility trading Target Start Date As soon as possible 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 individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package. Who We Are Millennium Management is a global investment management firm founded in 1989 that manages approximately $53 billion in assets as of April 1, 2022. Millennium has more than 4,000 employees with offices in the United States, Europe and Asia. Over the last 30 years, our mission has remained constant: to deliver the alternative investment industry’s highest quality returns to our investors, and to maintain a commitment to our principles of integrity, discipline and excellence. What We Do We employ a global, multi-strategy investment approach, opportunistically engaging in a broad array of trading and investing strategies across a wide group of diversified managers. Our specialized divisions have built and continually evolve our core infrastructure platform. This enables our trading teams to pursue their unique investment strategies independently, while operating within one centrally-driven risk and operational framework. Millennium has differentiated itself from other alternative investment management firms through our consistent ability to generate high quality returns for our investors. Millennium’s unique framework has created what we believe to be a sustainable and scalable organization aligned in partnership with our investors. Our dedication to our mission has defined Millennium as an industry leader over our 30 year history. Careers Our firm harnesses the entrepreneurial drive of our people, and we strive to employ among the best in the industry. We offer an opportunity for developing one’s career while working with individuals trained in a variety of disciplines in a collegial and dynamic environment. Diversity and Inclusion We are committed to cultivating a culture of diversity and inclusion, and embracing the differences that make each of our employees unique. As a global firm, we greatly value the broad range of perspectives our diverse teams contribute to the goal of achieving success for our clients. We are proud to be an Equal Opportunity Employer and consider all qualified applicants without regard to race, color, sex, age, disability, religion, national origin, marital status, sexual orientation, gender identity and/or expression, ancestry, military status, genetic information, or any other basis protected by applicable federal, state or local law.

Salary : $150,000 - $200,000