Quantitative Researcher, Systematic Macro
millennium managementNew York (NY)
$150,000 to $200,000
Apply (opens in a new tab)Quantitative Researcher, Systematic Macro
Posted 49 days ago
millennium managementNew York (NY)
SENIORITY
Senior
SALARY
$150,000 to $200,000
About the role
Quantitative Researcher, Systematic Macro Quantitative Researcher, Systematic MacroPlease 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 Bachelor's 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 DataUp 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 individual's experience level and the qualifications they bring to the role to formulate a competitive total compensation package.
Recruiter: Brian Kimmel
Hiring Manager: Jay Zhou
Department: Trading
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