At a Glance
- Tasks: Join our quant team to analyse margin calculations and enhance financial models.
- Company: Millennium is a leading firm innovating in financial analytics and trader support tools.
- Benefits: Enjoy a collaborative environment with opportunities for remote work and professional growth.
- Why this job: Be part of a high-performing team driving change in the financial industry with cutting-edge projects.
- Qualifications: Expertise in Python and experience in equities or fixed income analysis are essential.
- Other info: Work globally with teams in New York, London, Geneva, and Tel Aviv.
The predicted salary is between 48000 - 84000 £ 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.
Quantitative Researcher - Treasury employer: Millennium Management
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 analysis, especially in treasury and fixed income. This will not only help you understand the role better but also give you talking points during interviews.
✨Tip Number 2
Network with professionals in the finance and quantitative research fields. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at Millennium.
✨Tip Number 3
Brush up on your Python skills, focusing on libraries and frameworks commonly used in quantitative finance. Being able to demonstrate your coding proficiency can set you apart from other candidates.
✨Tip Number 4
Prepare for technical interviews by practising problem-solving scenarios related to margin calculations and stress testing. This will showcase your analytical skills and your ability to apply quantitative methods 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. Discuss how your background aligns with the responsibilities listed, such as collaborating with teams and enhancing margin models. Be sure to mention your ambition and drive to excel in the financial industry.
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 practical experience and problem-solving abilities.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any grammatical errors or typos, as strong communication skills are 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 used Python. 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 applied these skills in previous roles, particularly in equities or fixed income analysis, to show your understanding of the domain.
✨Emphasise Team Collaboration
This position involves working closely with various teams. Be ready to share experiences where you successfully collaborated with others, especially in a team-oriented environment. Highlight your ability to communicate effectively with different stakeholders.
✨Prepare for Technical Questions
Expect technical questions related to margin calculations and stress cash models. Brush up on relevant concepts and be ready to explain your thought process when solving complex problems, as this will demonstrate your expertise and problem-solving abilities.