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Millennium · 9 hours ago

Quantitative Researcher, Multi-Asset

San Francisco, CA

Full-time

Hybrid

Mid, Senior Level

$150K/yr - $200K/yr

4+ years exp

Millennium is seeking a senior quantitative researcher to partner with the Senior Portfolio Manager to create alpha from various data sources for the systematic trading of global multi-asset class strategies. The role involves building prediction and portfolio optimization pipelines, developing ML algorithms, and mentoring junior team members.

Asset ManagementFinanceFinancial ServicesHedge Funds

H1B Sponsor Likely

Responsibilities

Work alongside the Senior Portfolio Manager on building prediction and portfolio optimization pipelines:

Understand the potential prediction power from data source and identify alphas

Develop state-of-the-art ML algorithms for prediction and optimization

Performing various statistical analysis to ensure the robustness

Mentor and guide junior team members

Combine sound financial insights and statistical learning techniques to explore, analyze, and harness a large variety of datasets

Aid in developing and extending the team’s proprietary research platform

Collaborate with the PM and the trading group in a transparent environment, engaging with the whole investment process

Stay current on state-of-the-art technologies and tools including technical libraries, computing environments and academic research

Qualification

PythonRQuantitative financeStatistical analysisMachine learningData manipulationAnalytical skillsCommunication skillsProblem-solving skills

Required

Strongly skilled in Python and R (Pandas, NumPy, TensorFlow, PyTorch, etc.)

Ph.D. degree in Computer Science, Mathematics, Statistics, or related STEM field from top ranked University

Demonstrated knowledge of quantitative finance, mathematical modelling, statistical analysis, regression, and probability theory

Excellent communication, problem-solving, and analytical skills, with the ability to quickly understand and apply complex concepts

Experience and success working with large and diverse data sets

4+ years of experience working in a systematic trading environment

4+ years of hands-on experience working with multiple vendor data sets and, in particular, manipulating data (assessing, cleaning, creating features, etc.)

Established alpha research pipeline with production grade output

Strong experience in evaluating alphas with statistical methods

Experience collaborating effectively with cross functional teams, multitasking and adapting in a fast-paced environment

Preferred

Experience working with big data sets

Experience working in an autonomous, fast-paced environment

Benefits

Discretionary performance bonus

Comprehensive benefits package

Company

Millennium

Glassdoor3.7

Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $83.5 billion in assets.

Founded in 1989

New York, New York, USA

5001-10000 employees

https://www.mlp.com

H1B Sponsorship

Millennium has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (264)

2024 (146)

2023 (156)

2022 (146)

2021 (73)

2020 (86)