Description
As a Senior Portfolio Researcher at Millennium, you will play a key role in the Global Risk Management Department, which is responsible for identifying, measuring, monitoring, managing, and reporting on the risks associated with Millennium's portfolios.
You will research and develop equity factor models, thematic factors, and portfolio and risk analytics that are central to the risk management of equity portfolios. You will also conduct tactical quantitative research in response to questions from business managers and senior management, and partner with technology to streamline the transition of quantitative models and tools into production environments.
Responsibilities:
- Research and develop equity factor models, thematic factors, and portfolio and risk analytics
- Conduct tactical quantitative research in response to business questions
- Partner with technology to implement models and tools
- Collaborate with risk, portfolio, and business managers to apply models and tools
- Explore new datasets and quantitative models to enhance analytical capabilities
- Prepare presentations and reports for business managers and senior management
Requirements:
- 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 within a financial organization, with a focus on equities
- Prior experience in factor modeling, quantitative portfolio models, portfolio and risk analytics, hedging applications, and portfolio optimization preferred
- Experience developing or using fundamental equity factor models such as MSCI or Axioma is highly desirable
- Strong programming skills, including experience with Python and SQL
- Experience with AI tools, including AI-assisted coding, agentic workflows, and LLM use for research and recurring analytical work is a plus
- Strong written and verbal communication skills
Salary Range: The estimated base salary range for this position is $160,000 to $250,000.