Risk Analyst (Equity Derivatives)

Millennium Management, LLC is hiring for the role of Risk Analyst (Equity Derivatives)!

Responsibilities of the Candidate: 

• Development of Risk Measurement Techniques: Develop and maintain robust frameworks for risk measurements. You will create frameworks to deliver insights on PM strategies and risks through interacting with existing tools or building own framework
• Quantitative Framework Development: Assist in the creation and optimization of our quantitative framework, which includes collaborating with technology, risk, portfolio, and business managers.
• Tech Collaboration: Partner with the Technology department to streamline the transition of quantitative models into production environments. The priority is to ensure accuracy and efficiency in day-to-day workflows.
• Research Model Development: Lead research into and implementation of various quantitative models.

Requirements:

• The candidate should have a degree in a quantitative major: statistics, mathematics, engineering, and either professional experience of 1-4 years in a quantitative role in a financial organization, or an advanced degree in a quantitative field preferred.
• A good understanding of derivatives and valuation is a plus, and basic familiarity is generally expected. Prior experience with managing and deploying valuation models is a great add.
• Strong programming skills, prior experience with Python (Polars and/or Pandas) or SQL. Proficiency in at least a compiled and statically typed language is a plus; so is demonstrated programming ability on public repositories e.g., GitHub.
• Sense of responsibility and integrity. Intellectual curiosity and spirit of initiative. Ability to work independently and effectively manage ambiguity.