Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Analyse and monitor commodities risk, build quantitative models, and develop risk measurement tools.
- Company: Join Millennium Partners, a leading multi-strategy hedge fund in London.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Make an impact in risk management while working with cutting-edge technology and data.
- Qualifications: Masters or PhD in a quantitative field and strong coding skills in Python and SQL.
- Other info: Collaborative culture with opportunities to interact with portfolio managers across Europe and Asia.
The predicted salary is between 36000 - 60000 £ per year.
Quantitative Risk Analyst – Commodities page is loaded## Quantitative Risk Analyst – Commoditieslocations: London – 10 Old Burlington Streettime type: Full timeposted on: Posted 25 Days Agojob requisition id: REQ-25569Quantitative Risk Analyst – CommoditiesMillennium Partners is a multi-strategy hedge fund investing in a broad range of asset types including: Equities, Commodities, and Fixed Income products.The firm is looking to recruit a Quantitative Risk Analyst in the Risk Management team in charge of covering the fund’s Global Commodities & Quant Futures/FX strategies.**General Information*** Hiring Department/Group: Risk Management* Job Title: Quant Risk Analyst/ Manager (dependent on years of experience)* Office Location: London**Job Function Summary**The Quant Risk Analyst will help analyze & monitor the Millennium’s Commodities risk, build quantitative models for performance & risk analysis, and participate in the implementation of add-hoc simulation models for risk measurement (e.g. VaR improvement, scenario analysis etc.).**Principal Responsibilities*** Build data analysis models to identify patterns in portfolio managers performance and highlight top pnl and risk drivers (eg factor models, risk decomposition)* Design and implementation of risk and scenario GUI / visualization tools (dashboards).* Development of option pricing & volatility models in partnership with the Quant Technology team* Handling of large data sets, use of machine learning techniques to enhance traditional risk measures.* The role with collaborate with risk managers across asset classes as well as various technology and data teams within the firm, capturing requirements, and monitoring delivery.* Regular interaction with portfolio managers across Europe and Asia.**Qualifications/Skills Required*** Masters or PhD level training in quantitative field, e.g. Engineering, Computer science, Mathematics or Physics* Min 3 yrs professional experience in Trading, Structuring, Risk or Quant role, in Financial institution, Fintech, Trading house, or Commodities house.* Strong coding skills required: Python, proficiency in data science stack (Pandas, scikit-learn or equivalent), SQL. Familiarity with GUI development (Dash, Panel or equivalent).* Experience designing, developing and deploying trading tools and GUIs and at least one of the following: risk models, option pricers, alpha signals, portfolio optimizers, trading algorithms.* Experience in an alpha research, portfolio optimization, Commodities or Trading environment is a plus.* Candidate will need to fit into the active culture of Millennium, judged by the ability to deliver timely solutions to risk management issues within the firm.* Entrepreneurial inclination: ability to work alone and act as a project manager.* Strong communication skills both written and verbal.* Good team player – one who is able to prioritize in a fast moving, high pressure, constantly changing environment.* Ability to work with Portfolio Managers and foster collaborative relationships. #J-18808-Ljbffr
Quantitative Risk Analyst - Commodities employer: Millennium Management LLC
Contact Detail:
Millennium Management LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Risk Analyst - Commodities
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Millennium Partners or similar firms. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your quantitative models and data analysis projects. This is your chance to demonstrate your coding prowess and analytical thinking, so make it shine!
✨Tip Number 3
Prepare for the interview by brushing up on your technical knowledge. Be ready to discuss your experience with Python, SQL, and any risk models you've worked on. Confidence in your expertise can really set you apart.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team at Millennium Partners.
We think you need these skills to ace Quantitative Risk Analyst - Commodities
Some tips for your application 🫡
Show Off Your Skills: Make sure to highlight your coding skills and experience with data analysis in your application. We want to see how you can bring your quantitative expertise to the table, so don’t hold back!
Tailor Your Application: Take a moment to customise your CV and cover letter for this role. Mention specific experiences that relate to risk management and commodities, as it shows us you’re genuinely interested in this position.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon unless it’s relevant. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Millennium Management LLC
✨Know Your Quantitative Stuff
Make sure you brush up on your quantitative skills, especially in areas like risk models and option pricing. Be ready to discuss specific projects where you've built data analysis models or used machine learning techniques. This will show that you not only understand the theory but can apply it practically.
✨Show Off Your Coding Skills
Since strong coding skills are a must for this role, be prepared to talk about your experience with Python and data science libraries like Pandas and scikit-learn. If you’ve developed any trading tools or GUIs, make sure to highlight those experiences during the interview.
✨Communicate Clearly
Given the collaborative nature of the role, strong communication skills are essential. Practice explaining complex concepts in simple terms, as you’ll need to interact with portfolio managers and other teams. Think of examples where you successfully communicated technical information to non-technical stakeholders.
✨Demonstrate Your Entrepreneurial Spirit
Millennium Partners values an entrepreneurial mindset, so be ready to share instances where you took initiative or led a project. Discuss how you manage your time and priorities in a fast-paced environment, showcasing your ability to deliver timely solutions to risk management issues.
