Quant Modeling

Quant Modeling

Quantitative Modeler – Equity Derivatives

Millennium is a top tier global hedge fund with a strong commitment to leveraging innovations in technology and data science to solve complex problems for the business. We are assembling a strong Quant Analytics team to build our next generation in-house analytics and trader support tools. This team develops and maintains the in-house pricing libraries to support trading in Equity Derivatives, Fixed Income, Commodities, Credit, and FX business at Millennium. Our environment is dynamic and fast-paced environment with excellent growth opportunities.
 

Responsibilities:

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

Mandatory Requirements:

• MSc/PhD level education in a quantitative subject – such as Quantitative Finance or
• Maths/Physics/Engineering
• 2 to 5 years of experience as Equity Derivatives quant or strat
• Good knowledge of Object-Oriented Programming, preferably C++
• Strong analytical and mathematical skills
• Good problem-solving capabilities
• Solid communication and inter-personal skills
• Able to work independently in a fast-paced environment.
• Detail oriented, organized, demonstrating thoroughness and strong ownership of work

Preferred Requirements:

• Experience in Volatility Fitting
• Experience with Python
• Experience working with other asset classes (Fixed-income, FX, etc)

The estimated base salary range for this position is $175,000 to $250,000, 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.