What are the responsibilities and job description for the Quantitative Researcher, Systematic Macro position at Millennium?
Quantitative Researcher, Systematic Macro
Please send resume submissions to QuantTalent@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
Quantitative researcher as part of a small, collaborative team based in New York, with a focus on mid-frequency systematic macro trading strategies. Successful candidates will be joining a nimble team and have the unique opportunity to contribute to all levels of the quant trading process.
Location
New York
Principal Responsibilities
ASAP (will wait up to 12 months for exceptional candidate)
The estimated base salary range for this position is $150,000 – $200,000, 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.
Please send resume submissions to QuantTalent@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
Quantitative researcher as part of a small, collaborative team based in New York, with a focus on mid-frequency systematic macro trading strategies. Successful candidates will be joining a nimble team and have the unique opportunity to contribute to all levels of the quant trading process.
Location
New York
Principal Responsibilities
- Utilize a rigorous statistical process to develop systematic strategies and signals in futures and FX markets
- Identify and evaluate new datasets for alpha potential
- Enhance the team’s platform for back-testing, portfolio optimization, and strategy deployment
- Evaluate execution performance and transaction costs in our production systems
- Collaborate with the PM and the trading group in a transparent environment, engaging with the whole investment process - including portfolio construction and execution
- Stay current on state-of-the-art technologies and tools including technical libraries, computing environments, alternative datasets and academic research
- Highly skilled in Python or C in a Linux environment
- Master’s or PhD degree in Physics, Applied Mathematics, Statistics, Computer Science or related ML/STEM field
- Strong mathematical and statistical modeling skills, with demonstrated ability to conduct research using large and noisy real-world datasets
- Experience with Python machine learning frameworks and/or convex optimization is highly desirable
- Excellent communication, analytical and problem-solving skills
- 3 years of experience working in a systematic trading environment with a focus on futures or FX
- Innovation in signal research and development
- Experience in quantitative finance, machine learning, and macro markets
- Extremely rigorous, critical thinker, self-motivated, detail-oriented and able to work independently in a fast-paced environment
ASAP (will wait up to 12 months for exceptional candidate)
The estimated base salary range for this position is $150,000 – $200,000, 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 : $150,000 - $200,000
