At a Glance
- Tasks: Join our quant team to analyse margin calculations and enhance financial models.
- Company: Millennium is a leading firm pushing the boundaries of finance with innovative analytics.
- Benefits: Enjoy a collaborative environment, competitive pay, and opportunities for growth in a global setting.
- Why this job: Be part of a high-performing team that values excellence and drives industry innovation.
- Qualifications: Expertise in Python and experience in equities or fixed income analysis are essential.
- Other info: Work with a diverse global team across major financial hubs.
The predicted salary is between 43200 - 72000 £ per year.
Millennium is seeking a dedicated Treasury Quantitative Researcher to join our high-performing quant modeling team. This role provides an outstanding opportunity to contribute to innovative projects that push the financial industry forward as we build our next generation in-house analytics and trader support tools. You will work alongside a motivated team that values hard work, adaptability, and consistent achievement, maintaining the utmost commitment to excellence.
Responsibilities
- Conducting detailed analysis on margin calculations across fixed income and equities.
- Collaborating with our treasury team, FIC business management team, quant developers and technology to build different parts of quant research framework and library.
- Optimizing, enhancing, and maintaining the margin and stress cash models.
- Implementing global netting margin agreements.
- Enhancing and maintaining stress cash and margin models.
- Applying your strong expertise in Python to build and implement quantitative models.
- Successfully implementing quantitative research findings to improve financial performance.
- Working closely with a global team of quants in New York, London, Geneva, and Tel Aviv.
- Enhancing examples & providing documentation where required.
Requirements
- Extensive experience using Python for quantitative analysis.
- Extensive experience working with Equities or Fixed Income quantitative analysis ideally in treasury or prime financing.
- Outstanding analytical and statistical skillset with solid domain understanding.
- Ability to work collaboratively in a team-oriented environment.
- Ambitious and driven to compete at the highest levels of the financial industry.
- Strong communication skills, both written and verbal.
Contact Detail:
Millennium Management Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Researcher - Treasury
✨Tip Number 1
Familiarise yourself with the latest trends in quantitative finance, especially in treasury and fixed income. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the industry, particularly those who work in quantitative research or treasury roles. Attend relevant conferences or webinars to make connections that could lead to valuable insights or referrals.
✨Tip Number 3
Brush up on your Python skills by working on personal projects or contributing to open-source initiatives. Being able to showcase your coding abilities in a practical context can set you apart from other candidates.
✨Tip Number 4
Prepare for technical interviews by practising common quantitative problems and case studies related to margin calculations and stress testing. This preparation will help you feel more confident and articulate your thought process effectively.
We think you need these skills to ace Quantitative Researcher - Treasury
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience with Python and quantitative analysis, especially in the context of equities or fixed income. Use specific examples that demonstrate your analytical skills and any relevant projects you've worked on.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities listed, such as collaborating with teams and enhancing margin models. Be sure to showcase your communication skills and team-oriented mindset.
Showcase Relevant Projects: If you have worked on any projects related to treasury or quantitative research, include them in your application. Detail your contributions and the impact they had on financial performance, as this will demonstrate your capability to implement findings effectively.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any grammatical errors or typos, as strong written communication is essential for this role. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at Millennium Management
✨Showcase Your Python Skills
Since the role requires extensive experience in Python for quantitative analysis, be prepared to discuss specific projects where you've successfully implemented Python solutions. Highlight any quantitative models you've built and how they contributed to financial performance.
✨Demonstrate Analytical Expertise
Prepare to discuss your analytical and statistical skills in detail. Bring examples of how you've conducted detailed analyses, particularly in margin calculations or stress cash models, and be ready to explain your thought process and methodologies.
✨Emphasise Team Collaboration
This position values teamwork, so be sure to share experiences where you've collaborated with others, especially in a quant-focused environment. Discuss how you’ve worked with treasury teams or quant developers to achieve common goals.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating complex quantitative concepts in a clear and concise manner. Be ready to explain your findings and how they can improve financial performance to both technical and non-technical audiences.