Quantitative Developer

Millennium Management, LLC

$165K — $250K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in data engineering or related fields
  • Proficiency in programming languages like C++, Python, Java, KDB/Q, or Scala
  • Strong knowledge of algorithms and data structures
  • Experience with major databases including SQL Server, Oracle, Redshift, BigQuery, or Snowflake
  • Domain knowledge of equities options and trading
  • Excellent communication skills for effective collaboration
  • Strong problem-solving abilities with self-management

Responsibilities

  • Design and maintain the data platform with a focus on data quality
  • Act as a functional expert on various options and volatility data
  • Collaborate on platform transformation and data integration
  • Address technical issues regarding data infrastructure
  • Develop analytical tools to optimize data organization
  • Enhance data systems functionality in partnership with analytics experts

Benefits

  • Comprehensive benefits package
  • Performance-based discretionary bonus
Full Job Description
Quantitative Developer We are building a world class systematic data platform which will power the next generation of our systematic portfolio engines. The systematic data group is looking for Quant Developer to join our growing team. The team consists of content specialists, data scientists, engineers and quant developers who are responsible for discovering, maintaining and analyzing sources of alpha for our portfolio managers. This is an opportunity for individuals who are passionate about quantitative investing. The role builds on individual's knowledge and skills in four key areas of quantitative investing: data, statistics, technology and financial markets. Principal Responsibilities • Use finance knowledge and statistical knowledge to analyze potential alpha sources. Present to portfolio managers and quantitative analysts • Build quant tools to help portfolio managers to research, evaluate, combine alphas, and understand risks • Design and maintain tools to evaluate and monitor data quality and integrity for a wide variety of data sources • Engage with vendors, brokers and perform analytics to understand characteristics of datasets • Interact with portfolio managers and quantitative analysts to understand their use cases and recommend datasets to help maximize their profitability Skills Required • 3+ years of work experience as a financial engineer, data scientist, or quant developer • Strong knowledge of Python and or C++, Java, C# • Familiarity with data pipeline engineering, ETL for large datasets, and scheduling tools like Airflow • Strong SQL and database experience including PL-SQL or T-SQL • Understanding of typical software development lifecycle and familiarity with: Linux, GitHub, CI/CD • Ph.D. or Masters in computer science, mathematics, statistics or other field requiring quantitative analysis Beneficial Skills and Experience • Understanding of risk models and performance attribution • Experience with financial markets such as equities and futures • Knowledge of statistical techniques and their usage The estimated base salary range for this position is $165,000 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.

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