Quantitative Researcher - EQ Vol

Millennium•New York, NY

10d•$175,000 - $250,000

About The Position

Millennium is hiring a Quantitative Researcher for its Quant Analytics team, which develops and maintains in-house pricing libraries and trader-support tools. The team supports trading across Equity Derivatives, Fixed Income, Commodities, Credit, and FX in a dynamic, fast-paced environment. This role focuses on equity derivatives and involves working with global quants to build pricing, pre-trade analysis, and risk analytics for the in-house pricing library. The researcher will engage with Portfolio Managers and Risk Management on requirements, modeling approaches, and valuation and risk methodologies, and collaborate with IT to deploy models into production.

Requirements

Bachelor’s degree in Computer Science or a related field.
At least 3 years of experience as an Equity Derivatives quant or strat.
Good knowledge of object-oriented programming; C++ is preferred.
Strong analytical, mathematical, and problem-solving skills.
Solid communication and interpersonal skills, with the ability to work independently in a fast-paced environment.
Detail-oriented and organized, demonstrating thoroughness and strong ownership of work.

Nice To Haves

MSc or PhD in a quantitative subject such as Quantitative Finance, Math, Physics, or Engineering.
Python experience.
Experience in equity light exotics or structured products modeling.

Responsibilities

Work with quants globally to develop pricing, pre-trade analysis tools, and risk analytics for the in-house pricing library, focusing on equity derivatives.
Interact with Portfolio Managers and Risk Management to gather requirements and discuss modeling approaches and methodologies for valuation and risk.
Collaborate with IT to deploy models into production environments.