<p>Quant Risk Researcher</p> <p>The mission of the Quant Risk Researcher is to help analyze the fund's risk in quantitative investment strategies in global futures, FX and rates.</p> <p>The role involves building quantitative models for performance & risk analysis, participating in the implementation of add-hoc simulation models for risk measurement (e.g. VaR improvement, scenario analysis, factor modelling etc.).</p> <p>Principal Responsibilities</p> <ul> <li>Help monitor and explain P&L and performance for Quant Strategies Portfolio Managers </li><li>Design or enhance risk & pricing models and visualization tools, dealing with large datasets. </li><li>Research and implement new risk methodologies & techniques to represent and monitor PM strategies </li></ul> <p>Qualifications / Skills required</p> <ul> <li>Masters degree or PhD level training in quantitative field (e.g. Engineering, Computer Science, Mathematics or Physics) </li><li>2+ years Professional experience in Trading, Risk, or Quant role (alpha research, portfolio optimization etc.) or trading environment generally. </li><li>Highly analytical individual with strong problem-solving skills </li><li>Strong coding skills required (Python, SQL, Kdb+q1, C++). Experience in GUI development is a plus </li><li>Excellent command of statistics, time series analysis, optimization methods </li><li>Entrepreneurial inclination: ability to work alone and act as a project manager </li><li>Strong communication skills both written and verbal. Good team player - one who is able to prioritize in a fast moving, high pressure, constantly changing environment </li><li>Ability to work with Portfolio Managers and build smooth working relationships </li><li>Proactive and attentive to details </li></ul> <p>The estimated base salary range for this position is $160,000 to $250,000, 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.</p>