Millennium
Quantitative Researcher, Systematic Macro
$150K–$200K
New York, New York · On-site · Full-time · Posted Jan 1, 2025
- Experience
- 2+ years of quantitative research experience focused on systematic macro strategies (listed as preferred experience).
- Education
- Master’s or PhD in a quantitative subject such as Applied Mathematics, Statistics, Physics, Engineering, Financial Engineering, or Computer Science, or related field; strong candidates with a Bachelor’s degree will also be considered.
About the job
Develop and implement systematic macro strategies through alpha research, signal development, backtesting, and improvements to internal research tools.
What you'll do
- Conduct alpha research, including idea generation, data preprocessing, statistical analysis, backtesting, and implementation.
- Enhance research platform components such as data pipelines, statistical learning tools, alpha analytics, and backtesting frameworks.
- Develop new alpha ideas independently and collaborate with the Senior Portfolio Manager and team.
What they ask for
- Strong research and programming skills, including proficiency in Python.
- Solid experience with data analytics libraries such as Pandas, SciPy, NumPy, or Polars.
- Exceptional problem-solving abilities, intellectual curiosity, and a proactive research mindset.
- Creativity combined with rigorous quantitative analysis.
Nice to have
- Hedge fund alpha research in commodities, FX, equity, and bond futures; macro intraday strategies; trading cost analysis; or machine learning.
- Extensive library-building experience.
Pay
USD $150,000 to $200,000 base salary
Tools
Python, Pandas, SciPy, NumPy, Polars
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