Hiring: Quantitative Researcher Company: Millennium Location: New York, NY Job Posted Time: 2026-09-11 11:40:56 Target Skills & Keywords : Data Pipeline, Derivatives, Equities, Fixed Income, Machine Learning, NumPy, Pandas, Python, Risk Management, SciPy, scikit-learn About the job Required Skills: •Millennium's Global Risk Management Department is responsible for identifying, measuring, monitoring, managing and reporting on the risks associated with Millennium's portfolios at the Firm-wide and Portfolio Manager levels, with a focus on the market, credit and liquidity risks the Firm faces in the course of its business. Qualifications: •Advanced degree in an applied quantitative field such as statistics, econometrics, computer science, engineering, operations research, financial engineering, applied mathematics, or data science; PhD preferred but not required, and exceptional candidates with a Bachelor’s or Master’s degree or equivalent industry experience will also be considered •Excellent Python skills, including experience with common scientific/data libraries such as pandas, NumPy, SciPy, Polars, scikit-learn, or similar tools, and the ability to build clean, scalable research code. •Strong grounding in statistics, probability, optimization, and empirical modeling, with rigorous model evaluation and healthy skepticism around overfitting. •Demonstrated capacity to build clean, scalable research code and evaluate models rigorously. •Strong preference for experience in QIS (Quantitative Investment Strategies), systematic equities, cross-asset, or multi-asset derivatives research, especially tail hedging strategies; experience researching or trading systematic equities, credit, or volatility is highly desirable. •Operational familiarity with derivatives and implementation considerations across options, swaps, and forwards; experience with machine learning, trading cost analysis, or intraday strategy research is helpful but not required. •Intellectual curiosity and genuine interest in markets and alpha research, creativity and proactive problem-solving, and the demonstrated ability to conduct independent research, communicate results clearly, and work independently in a transparent, collaborative team. Compensation: •$160,000 - $250,000 / year •Competitive benefits and rewards package •Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!