Quantitative Researcher
About the job
The Execution Services team is responsible for trade execution across a wide range of products and geographies, with a focus on minimizing trading costs and execution risk.
We are looking for a highly driven, results oriented Quantitative Researcher to join a new and dynamic group tasked with Equity Alpha Research. The outputs of this research will be used across Execution Service at very large scale.
Principal Responsibilities
- Apply statistical and ML techniques across a variety of large datasets in order to build strong predictive models.
- Be creative with ideas and be able to realize them in practice, including data sourcing, research, back-testing and implementing pipelines to deploy the models to production.
- Collaborate transparently with team members to decide overall direction, design and architecture of the research platform and goals, and with key stake holders across Execution Services.
Qualifications/Skills Required
- 5+ years of KDB and/or Python in a research or ML context.
- 3+ years of provable success in alpha generation. Equities preferred.
- Advanced degree in a quantitative subject. Highly analytical and strong problem-solving skills and attention to detail.
- Strong communication skills with the ability to explain technical and sophisticated concepts clearly and concisely.
The estimated base salary range for this position is $160,000 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.
