Quantitative Analyst/Researcher, Systematic FX, Rates and Option Vol

Please direct all resume submissions to QuantTalentUS@mlp.com and reference REQ-15989 in the subject.

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

Options researcher as part of a small, collaborative team based in NY, with a focus on FX, Rates and Credit option volatility strategies.

Location

New York, New York

Principal Responsibilities

• Generate new research ideas based on thorough understanding of financial market insights or academic literature
• Research and improve trading signals which will be deployed in systematic trading, with a focus on FX, Rates and Credit option vol strategies 
• Manage daily operations and monitoring of trading strategies  
• Develop pricing and risk analytics tools  
• Collaborate with the SPM and the team to build and maintain the technology stack for the group: data analytics, simulation and production   

Preferred Technical Skills

• Highly skilled/proficient in python
• Masters or PhD degree in a quantitative subject such as Computer Science, Applied Mathematics, Statistics, or related field from a top ranked university
• Strong analytical and modelling skills
• Strong understanding of classic volatility models

Preferred Experience

• ~3+ years of research experience on the buy side or sell side in FX, Rates, or Credit vol strategies
• Experience designing vol strategies at a bank
• Experience in portfolio optimization

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.

Please direct all resume submissions to QuantTalentUS@mlp.com and reference REQ-15989 in the subject.