Quantitative Risk Analyst

The mission of the Quant Risk Analyst is to help analyze the fund’s risk quantitative investment strategies in global futures, fx & rates.

The role involves building quantitative models for performance & risk analysis, participating in the implementation of add-hoc simulation models for risk measurement (e.g. VaR improvement, scenario analysis, factor modelling etc.).

Principal Responsibilities

Help monitor and explain PNL & performance for Quant Strategies Portfolio Managers
Design or enhance risk & pricing models & visualization tools dealing with large datasets
Research and implement new risk methodologies, and factor models development
Fit into the active culture of Millennium, judged by the ability to deliver timely solutions to risk management issues within the firm.

Qualifications/Skills Required

Master’s degree or PhD level training in quantitative field, e.g. Engineering, Computer science, Mathematics, Finance or Physics.
Highly analytical individual will strong problem-solving skills.
Professional experience (min 2Y) in Trading, Risk or Quant role (alpha research, portfolio optimization etc.) or trading environment generally
Strong coding skills required (Python, SQL, Kdb+q, C++) & experience in GUI development
Excellent command of statistics, time series analysis, optimization
Entrepreneurial inclination: ability to work alone and act as a project manager
Strong communication skills both written and verbal. Good team player – one who is able to prioritize in a fast moving, high pressure, constantly changing environment.
Ability to work with Portfolio Managers and build smooth working relationships.
Proactive and attentive to details

The estimated base salary range for this position is $160k to $250k, 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.