Quantitative Researcher

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.