Senior Quantitative Researcher, Systematic Equities.

Millennium Management
London
1 year ago
Applications closed

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Senior Quantitative Researcher, Systematic Equities

Senior Quantitative Researcher, Systematic Equities

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, and entrepreneurial systematic investment team is seeking a strong equities quantitative researcher to join in developing new signals and strategies. This opportunity provides a dynamic and fast-paced environment with excellent opportunities for career growth.

Job Description

We are seeking a senior quantitative researcher to partner with the Senior Portfolio Manager to create alpha from various data sources for the systematic trading of global equity strategies.

Preferred Location

London or Dubai preferred

Principal Responsibilities

Work alongside the Senior Portfolio Manager on building alpha research pipelines:Understand the potential prediction power from data source and identify alphasIdentifying and processing dataset to create features or alphasPerforming various statistical analysis to ensure the robustness Mentor and guide junior team members

Preferred Technical Skills

Expert in Python (KDB/Q is a plus) Proficient in modern data science tools stacks (Jupyter, pandas, numpy, sklearn) Bachelor's or Master's degree in Computer Science, Mathematics, Statistics, or related STEM field from top ranked University Demonstrated knowledge of quantitative finance, mathematical modelling, statistical analysis, regression, and probability theory Excellent communication, problem-solving, and analytical skills, with the ability to quickly understand and apply complex concepts

Preferred Experience

4+ years of experience working in a systematic trading environment with a focus on equities 4+ years of hands-on experience working with multiple vendor data sets and, in particular, manipulating data (assessing, cleaning, creating features, etc.) Demonstrated successful in building uncorrelated alphas and in adding orthogonal value to the portfolios Established alpha research pipeline with production grade output The ideal candidate would have a few years of successful live trading history Strong experience in evaluating alphas with statistical methods Experience collaborating effectively with cross functional teams, multitasking and adapting in a fast-paced environment

Highly Valued Relevant Experience

Strong intuition about feature/data prediction power Extremely rigorous, critical thinker, self-motivated, detail-oriented, and able to work independently in a fast-paced environment Entrepreneurial mindset Curiosity and critical thinker Eagerness to learn and grow professionally Highly organized, eager to improve and create tools in order to increase efficiency and to scale up the research effort

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