At a Glance
- Tasks: Develop cutting-edge pricing tools and risk analytics for equity derivatives.
- Company: Top-tier global hedge fund committed to innovation and technology.
- Benefits: Dynamic environment with excellent growth opportunities and competitive compensation.
- Why this job: Join a fast-paced team and make an impact in the finance world.
- Qualifications: MSc/PhD in quantitative subjects and experience in equity derivatives.
- Other info: Collaborate globally and work independently in a vibrant setting.
The predicted salary is between 43200 - 72000 £ per year.
Millennium is a top tier global hedge fund with a strong commitment to leveraging innovations in technology and data science to solve complex problems for the business. We are expanding our Quant Analytics team working on our in-house analytics and trader support tools. This team develops and maintains the in-house pricing libraries to support trading in Equity Derivatives, Fixed Income, Commodities, Credit, and FX business at Millennium. Our environment is dynamic and fast-paced with excellent growth opportunities.
Responsibilities:
- Work closely with Quants globally to develop pricing, pre-trade analysis tools and risk analytics for our in-house pricing library, focusing on equity derivatives.
- Interact with Portfolio Managers and Risk Management to gather requirements, discuss modelling approaches and methodologies for valuation and risk.
- Collaborate with Technology teams to deploy the models into production environments.
Mandatory Requirements:
- MSc/PhD level education in a quantitative subject – such as Quantitative Finance or Maths/Physics/Engineering.
- Previous experience as a Quant or Strat (ideally on Equity Derivatives).
- Good knowledge of Object-Oriented Programming, preferably C++.
- Strong analytical and mathematical skills.
- Good problem-solving capabilities.
- Solid communication and inter-personal skills.
- Able to work independently in a fast-paced environment.
- Detail oriented, organized, demonstrating thoroughness and strong ownership of work.
Preferred Requirements:
- Experience on Exotics Derivatives modeling.
- Knowledge of models on other asset classes (e.g. Rates or FX).
Quantitative Researcher in London employer: Millennium
Contact Detail:
Millennium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Researcher in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Millennium through LinkedIn. A friendly chat can give us insights into the company culture and maybe even a referral!
✨Tip Number 2
Prepare for technical interviews by brushing up on your quantitative skills. We recommend practising coding challenges in C++ and reviewing key concepts in equity derivatives to impress the interviewers.
✨Tip Number 3
Showcase your projects! If you've worked on relevant models or tools, make sure to discuss them during interviews. We want to see how your experience aligns with what Millennium is looking for.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have exclusive roles listed there that you won’t find anywhere else.
We think you need these skills to ace Quantitative Researcher in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Quantitative Researcher role. Highlight your relevant experience in quantitative finance, programming skills, and any specific projects that relate to equity derivatives. We want to see how you fit into our dynamic team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about quantitative research and how your background aligns with our needs. Don’t forget to mention your experience with C++ and any relevant modelling work you've done.
Showcase Your Problem-Solving Skills: In your application, give examples of how you've tackled complex problems in the past. We love candidates who can think critically and come up with innovative solutions, especially in fast-paced environments like ours.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Millennium!
How to prepare for a job interview at Millennium
✨Know Your Quantitative Stuff
Make sure you brush up on your quantitative finance concepts, especially around equity derivatives. Be ready to discuss your previous experiences and how they relate to the role. Practise explaining complex models in simple terms, as communication is key!
✨Show Off Your Coding Skills
Since knowledge of Object-Oriented Programming, particularly C++, is crucial, be prepared to demonstrate your coding skills. You might be asked to solve a problem on the spot, so practise coding challenges beforehand to boost your confidence.
✨Understand the Business
Familiarise yourself with Millennium's business model and the specific tools they use for pricing and risk analytics. This will help you tailor your answers and show that you're genuinely interested in contributing to their team.
✨Ask Insightful Questions
Prepare thoughtful questions about the team dynamics, the technologies they use, and the challenges they face. This not only shows your interest but also helps you gauge if the company culture aligns with your values.