Description
We are seeking a Portfolio Researcher to join our Global Risk Management Department at Millennium, a global alternative investment firm. As a Portfolio Researcher, you will develop and maintain robust factor modeling and risk measurement frameworks, with a strong focus on portfolio optimization, risk analysis, and performance attribution.
You will support the design and enhancement of the team's broader quantitative framework in partnership with Technology, Risk, Portfolio Managers, and business stakeholders. You will also partner with Technology to transition quantitative models into production environments with a focus on accuracy, scalability, and workflow efficiency.
Key responsibilities include:
- Developing and maintaining robust factor modeling and risk measurement frameworks
- Supporting the design and enhancement of the team's broader quantitative framework
- Partnering with Technology to transition quantitative models into production environments
- Leading research into, and implementation of, quantitative models including factor models and more complex risk assessment approaches
- Applying quantitative tools and analytics to improve portfolio insight, risk transparency, and investment decision support
To be successful in this role, you will need:
- A degree in a quantitative discipline such as statistics, mathematics, engineering, or a related field
- 4+ years of experience in a quantitative role within a financial organization, or an advanced degree in a quantitative field
- Strong programming skills, including experience with Python and SQL
- Experience with Python data libraries such as Polars and/or Pandas
- Proficiency in at least one compiled, statically typed programming language is a plus
- Prior experience in equity factor risk modeling, quantitative models, and portfolio analytics
- Experience using fundamental equity factor models such as MSCI/Barra, Axioma, or Bloomberg
We offer a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $160,000 to $250,000.