Python Engineer - Equity Factor Model Risk Technology

Millennium • New York, NY

58d • $175,000 - $250,000

About The Position

Millennium is looking for an exceptional individual to join the Equity Factor Risk Model Technology Team, which is responsible for designing and developing equity portfolio analytics framework, including MSCI Barra equity factor risk models.

Requirements

• Minimum of 7 years Python development experience in buy-side financial firms
• Advanced working knowledge of SQL with at least 5 years of professional development experience
• Strong working knowledge of statistics.
• Broad understanding of equity markets and portfolio construction.
• Strong communication skills, as this role involves direct communication with risk management and trading.
• Detail-oriented, a quick learner, and able to adapt to a dynamic, high-paced environment.
• Demonstrated track record of success in challenging environments.

Nice To Haves

• Experience designing and building data Lakehouse architecture is a significant plus.
• Experience working with Spark and Trino/Spark compute, and expertise with open table formats such as Delta Lake and/or Iceberg is a significant plus.

Responsibilities

• Build expertise in Barra and proprietary factor risk models
• Architect and build big data infrastructure with the goal of an automated portfolio research environment
• Identify, design, and implement internal process improvements: automating manual processes, optimizing data pipeline, re-designing infrastructure for greater scalability, etc.
• Work with portfolio research team on the development and integration of new analytics models into the firm’s delivery platforms
• Perform extensive back-testing of existing and new risk factor models
• Support and run processes for risk management and equity portfolio research

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees