Senior Quantitative Researcher
Millennium Management · Hong Kong · 5mo ago
About Millennium
Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.
Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.
Meet the Team
Central Liquidity Strategies (CLS) employs a range of strategies designed to optimize the firm’s trading and execution approach by providing internal liquidity solutions for portfolio managers on both a principal and agency basis. Within Millennium’s central trading division, the team operates in a highly collaborative environment and works closely with trading technology, portfolio management, business development, traders, and external broker partners to support scalable, automated trading processes and the continued evolution of the firm’s execution capabilities.
What You'll Do
- Steer product development of the firm’s central trading processes and internal liquidity pools, soliciting appropriate input from various stakeholders,
- Improve and broaden the firm’s existing processes that evaluate and drill into trading performance of a particular portfolio management team
- Look for and recommend possible opportunities to improve execution quality by interpreting performance reports and performing custom analysis
- Contribute to feature development in the analysis system (expansion by asset class, product specifics, trading style specifics, and additional market coverage)
- Conduct research, formulate and test hypotheses, run a/b experiments in consultation with brokers and/or internal teams
- Communicate all ideas, questions, and conclusions concisely and effectively
- Contribute to regular data maintenance, monitoring, and cleaning
- Develop expertise in the firm’s trading practices and industry developments and understand and keep abreast of all relevant regulatory and market constraints
What You Bring
- 8+ years of relevant experience in the trading and finance industry
- Experience in a trading logic/execution capacity for a systematic trading process strategy on the buy side or experience working on electronic trading platforms on the sell side
- Experience as a hands-on development lead, mentoring and guiding junior developers
- Bachelor's or Master's degree in STEM, Statistics or similar disciplines
- Basic principles of statistical inference and excellent quantitative and analytical skills, with the ability to interpret complex data and develop actionable insights.
- Experience with Python and KDB
- Strong verbal and written communication skills, with the ability to convey technical concepts to non-technical stakeholders
- Extensive experience with Asia market structure