Equities Portfolio Researcher

Role Details ================

We are seeking an intellectually curious and dedicated Equities Portfolio Researcher to join our team. This position offers a unique opportunity to research and develop a variety of quantitative models, analytics, and tools that are utilized by our portfolio managers as well as senior management in making strategic decisions.

Responsibilities ---------------

• Research and develop equity factor models, thematic factors, and portfolio/risk analytics that are central to the risk management of equity portfolios
• Perform tactical quantitative research to respond to a variety of questions coming from business managers as well as senior management
• Partner with the technology department to streamline the transition of quantitative models and tools into production environments
• Collaborate with risk, portfolio, and business managers to ensure accurate application of the quantitative models and tools in day-to-day workflows
• Explore new datasets and quantitative models provided by internal/external sources to continuously enhance our quantitative offering
• Prepare presentations and reports to business managers and senior management to effectively communicate our research findings and new models/analytics

Qualifications ------------

• The ideal candidate should have a degree in a technical or quantitative field. Master’s or Ph.D. in finance or economics preferred
• 5+ years of experience in a quantitative research role in a financial organization, with a focus on equities
• Strong programming skills, prior experience with Python (Polars and/or Pandas) and SQL
• Prior experience in factor modeling, quantitative portfolio models, and portfolio/risk analytics
• Experience developing/using fundamental equity factor models such as MSCI or Axioma is highly desirable
• Strong written and verbal communication skills, with the ability to communicate with senior managers across the organization
• Intellectual curiosity, ability to work independently on open-ended research questions

Total Compensation Package ------------------------- The estimated base salary range for this position is $160,000 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.