# Quant Researcher/Data Scientist - Volatility Alpha Technology

**Company**: Equity IT
**Location**: New York, New York
**Experience**: senior
**Job type**: full-time
**Salary**: $175,000 to $250,000
**Category**: IT
**Industry**: Finance

**Apply**: https://mlp.eightfold.ai/careers/job/755959070627?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_8487f227-b0b

## Description

We are seeking a Quant Researcher/Data Scientist to join the Volatility Alpha Development team at Equity IT in New York.

The team builds and maintains systematic options datasets, backtesting infrastructure, event volatility models, and live systematic volatility-fitting frameworks.

Responsibilities:

- Conduct quantitative research on market volatility, including volatility surface fitting, systematic options P&L dataset generation, event volatility analysis, alternative data research, AI-based hypothesis testing, and backtesting platform development.

- Research global systematic options markets to develop datasets and prototype strategies that support alpha-focused investment processes.

- Combine financial intuition with statistical learning techniques to develop predictive models for use in the investment process.

- Build robust quantitative research infrastructure and systematic datasets for global options and volatility markets.

- Partner with Senior Portfolio Managers to integrate Volatility Alpha Development datasets into investment strategies and risk-management workflows.

- Contribute to prototype alpha strategy development across the Volatility Alpha Development platform.

Requirements:

- Master's degree or PhD in a quantitative STEM field, such as Physics, Mathematics, Statistics, Engineering, or Operations Research.

- At least three years of experience in investment management or a quantitative research environment.

- Strong programming skills in Python, R, MATLAB, or C++.

- Deep knowledge of financial markets, particularly options and derivatives.

- Experience with machine learning, statistical modeling, and data visualization.

- Experience across Equity, Commodities, Foreign Exchange, or Interest Rates markets.

- Excellent analytical, problem-solving, and communication skills.

Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $175,000 to $250,000.

## Skills

### Required
- Python
- R
- MATLAB
- C++
- machine learning
- statistical modeling
- data visualization
- options and derivatives

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Source: [Apply at mlp.eightfold.ai](https://mlp.eightfold.ai/careers/job/755959070627?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)