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2023-03-21

Machine Learning Quantitative Researcher, Systematic Equities

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Millennium Management
Machine Learning Quantitative Researcher, Systematic Equities
New York, US
100,000 - 200,000
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Job Description

Machine Learning Quantitative Researcher, Systematic Equities

Machine Learning Quantitative Researcher, Systematic Equities

Please direct all resume submissions to QuantTalent @mlp.com and reference REQ-15947 in the subject.

Job Description

Machine Learning Quantitative Researcher as part of a small, collaborative team, with a focus on systematic equity strategies.

Preferred Location

Flexible within US, Canada, and Europe

Principal Responsibilities

  • Working alongside the PM on alpha research, with a primary focus on: idea generation, data gathering and research/analysis, model implementation and back testing for systematic equity strategies
  • Developing and deploying machine learning methods for signal generation and portfolio optimization
  • Building Machine Learning pipelines for efficient and scalable research to be leveraged in trading environment
  • Combining 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
  • Collaborating with the PM in a transparent environment, engaging with the whole investment process

Preferred Technical Skills

  • Strong research and programming skills are necessary
  • Bachelors, Masters or PhD degree in a quantitative subject such as Applied Mathematics, Statistics, Computer Science or related field from a top ranked university
  • 2-5 years of Machine Learning experience

Preferred Experience

  • 2-5 years of experience working in a quantitative research capacity focusing on equities
  • Strong preference for candidates coming from quantitative trading firms but open to individuals from banks as well

Highly Valued Relevant Experience

  • Strong economic intuition and critical thinking
  • Product experience in equities

Target Start Date

  • As soon as possible
  • Open to 6-9 month NCA for exceptional candidates

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 $100,000 to $200,000, which is specific to New York and California 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.

Please direct all resume submissions to QuantTalent @mlp.com and reference REQ-15947 in the subject.

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