Quantitative Risk Analyst

The mission of the Quant Risk Analyst is to help analyze the fund’s risk quantitative investment strategies in global futures, fx & rates.

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.).

Principal Responsibilities

• Help monitor and explain PNL & performance for Quant Strategies Portfolio Managers
• Design or enhance risk & pricing models & visualization tools dealing with large datasets
• Research and implement new risk methodologies, and factor models development
• Fit into the active culture of Millennium, judged by the ability to deliver timely solutions to risk management issues within the firm.

Qualifications/Skills Required

• Master’s degree or PhD level training in quantitative field, e.g. Engineering, Computer science, Mathematics, Finance or Physics.
• Highly analytical individual will strong problem-solving skills.
• Professional experience (min 2Y) in Trading, Risk or Quant role (alpha research, portfolio optimization etc.) or trading environment generally
• Strong coding skills required (Python, SQL, Kdb+q, C++) & experience in GUI development
• Excellent command of statistics, time series analysis, optimization
• Entrepreneurial inclination: ability to work alone and act as a project manager
• 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.
• Ability to work with Portfolio Managers and build smooth working relationships.
• Proactive and attentive to details

The estimated base salary range for this position is $160k to $250k, 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.