What are the responsibilities and job description for the Quantitative Researcher - Commodities position at Millennium Management Corp?
Quantitative Researcher - Commodities
Millennium is a top tier global hedge fund with a strong commitment to leveraging innovations in technology and data science to solve complex problems for the business.
We are assembling a strong Quant Technology team to build our next generation in-house analytics, Trader & Risk support tools. This team will sit under the Fixed Income & Commodities Technology (FICT) group and will develop and maintain the in-house pricing libraries to support trading in Fixed Income, Commodities, Credit, and FX business at Millennium. FICT provides a dynamic and fast-paced environment with excellent growth opportunities.
Responsibilities
- Newly created role to research, build, enhance, test and maintain commodities quantitative models specialized for the needs of risk managers and portfolio managers.
- The role sits within the centralized commodities quant team, within the Technology department.
- Work closely with derivatives quants worldwide to research and develop risk analytics for our commodities business.
- The emphasis is on quantitative analysis for derivatives, including calculation and aggregation of raw risk metrics (the Greeks), risk projections, forward curve and volatility surface construction.
Requirements
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. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. 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.
Salary : $175,000 - $250,000
