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- Tasks: Develop pricing and risk analytics tools for equity derivatives in a fast-paced environment.
- Company: Top-tier global hedge fund committed to innovation in technology and data science.
- Benefits: Excellent growth opportunities and dynamic work culture.
- Why this job: Join a cutting-edge team and make an impact in the finance world.
- Qualifications: MSc/PhD in a quantitative subject and experience in equity derivatives.
- Other info: Collaborate with global teams and deploy models into production.
The predicted salary is between 48000 - 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 Strategy (ideally on Equity Derivatives).
- Good knowledge of Object‐Oriented Programming, preferably C++.
- Strong analytical and mathematical skills.
- Good problem‐solving capabilities.
- Solid communication and interpersonal 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 - Equity Derivatives in London employer: Millennium
Contact Detail:
Millennium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Researcher - Equity Derivatives in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Millennium on LinkedIn. A friendly chat can give us insights into the company culture and maybe even a referral!
✨Tip Number 2
Prepare for those tricky technical interviews! Brush up on your quantitative finance concepts and coding skills, especially in C++. We want to show them we’re ready to tackle their challenges head-on.
✨Tip Number 3
Showcase our problem-solving skills! During interviews, share specific examples of how we've tackled complex issues in the past. This will help us stand out as the ideal candidate for their fast-paced environment.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re genuinely interested in being part of the Millennium team.
We think you need these skills to ace Quantitative Researcher - Equity Derivatives in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Quantitative Researcher. Highlight your experience with equity derivatives and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Showcase Your Skills: Don’t just list your qualifications; showcase your analytical and programming skills, especially in C++. Include specific examples of how you've used these skills in past roles. This helps us see your problem-solving capabilities in action.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about quantitative finance and how you can contribute to our team. Be sure to mention any experience working with portfolio managers or risk management.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Millennium
✨Know Your Quantitative Stuff
Make sure you brush up on your quantitative finance concepts, especially those related to equity derivatives. Be ready to discuss your previous experience and how it relates to the role. They’ll likely ask you to explain complex models, so practice articulating your thought process clearly.
✨Show Off Your Programming Skills
Since they prefer candidates with strong Object-Oriented Programming skills, particularly in C++, be prepared to demonstrate your coding abilities. You might be asked to solve a problem on the spot, so practice coding challenges beforehand to boost your confidence.
✨Communicate Like a Pro
Solid communication is key in this role. Be ready to explain your modelling approaches and methodologies clearly, especially when discussing them with Portfolio Managers and Risk Management. Practise summarising complex ideas into simple terms to show you can bridge the gap between technical and non-technical stakeholders.
✨Be Detail-Oriented
In a fast-paced environment like this, attention to detail is crucial. Prepare examples from your past work where your thoroughness made a difference. Highlight how being organised and taking ownership of your projects has led to successful outcomes in your previous roles.