Millennium Management

Quantitative Researcher, Systematic Equities


PayCompetitive
LocationIrvine/California
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: REQ-16057
      Quantitative Researcher, Systematic Equities

      Job Description: Quantitative Researcher, Systematic Equities

      Please direct all resume submissions to QuantTalentUS@mlp.com and reference REQ-16057 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.

      A small, collaborative, entrepreneurial and highly pedigreed systematic investment team is seeking a Junior Quantitative Researcher. This opportunity provides a dynamic and fast-paced environment with excellent opportunities for career growth.

      Location

      Irvine, CA

      Principal Responsibilities

      • Evaluation of various datasets for price prediction, portfolio construction, post trade analysis, or any combination of the three
        • Research and develop short-term trading signals, using a large variety of market and fundamental datasets, to be deployed in systematic trading environment
        • Assist with developing and extending the team’s proprietary research platform
        • Identify and onboard new global markets
      • Collaborate with the SPM and trading group team members in a transparent environment, engaging with the whole investment process from idea generation through execution

      Preferred Technical Skills

      • PhD in Computer Science, Statistics, Engineering, Applied Mathematics, Physics or related STEM field
        • PhD or post-doctoral experience preferred, though will consider exceptional candidates with a Bachelor or Master’s degree
      • Strongly skilled in any of the following: C, C++, Java, Python, Fortran, Matlab or other similar languages
      • Excellent communication, analytical and quantitative skills

      Preferred Experience

      • Demonstrated flexibility, curiosity, and willingness to acquire new skill sets, which may be displayed by completing a variety of projects in the past
      • Experience working on research projects with highly uncertain results, which may be displayed through research experience acquired through PhD research or summer research for undergraduates
      • Good publication record (high impact journals) for PhD and post-docs, either in a leading role or supporting role

      Highly Valued Relevant Experience

      • Completed internship within a systematic trading team at a buy-side firm
      • Experience working with financial data
      • Experience working with a shared codebase
      • Leading author on a highly creative research project

      Target Start Date

      • As soon as possible

  • About the company

      Millennium is a global alternative investment management firm, founded in 1989, which manages $47.1 billion in assets. We seek to pursue a diverse array of investment strategies across industry sectors, asset classes, and geographies.

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