Quantitative Researcher, Systematic Macro

Quantitative Researcher, Systematic Macro

Please send resume submissions to QuantTalent@mlp.com.

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

Quantitative researcher as part of a small, collaborative team based in New York, with a focus on mid-frequency systematic macro trading strategies. Successful candidates will be joining a nimble team and have the unique opportunity to contribute to all levels of the quant trading process.

Location

New York

Principal Responsibilities

• Utilize a rigorous statistical process to develop systematic strategies and signals in futures and FX markets
• Identify and evaluate new datasets for alpha potential
• Enhance the team’s platform for back-testing, portfolio optimization, and strategy deployment

• Evaluate execution performance and transaction costs in our production systems

• Collaborate with the PM and the trading group in a transparent environment, engaging with the whole investment process - including portfolio construction and execution
• Stay current on state-of-the-art technologies and tools including technical libraries, computing environments, alternative datasets and academic research

Preferred Technical Skills

• Highly skilled in Python or C++ in a Linux environment
• Master’s or PhD degree in Physics, Applied Mathematics, Statistics, Computer Science or related ML/STEM field
• Strong mathematical and statistical modeling skills, with demonstrated ability to conduct research using large and noisy real-world datasets

• Experience with Python machine learning frameworks and/or convex optimization is highly desirable

• Excellent communication, analytical and problem-solving skills

Preferred Experience

• 3+ years of experience working in a systematic trading environment with a focus on futures or FX
• Innovation in signal research and development

Highly Valued Relevant Attributes

• Experience in quantitative finance, machine learning, and macro markets
• Extremely rigorous, critical thinker, self-motivated, detail-oriented and able to work independently in a fast-paced environment

Target Start Date

ASAP (will wait up to 12 months for exceptional candidate)

The estimated base salary range for this position is $150,000 – $200,000, 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.