Enterprise Risk Modeling – Cross Asset Quant
at Millennium
Posted 4 hours ago
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- Compensation
- $160,000 – $250,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Develop cross-asset risk and pricing analytics to support the Office of the CIO and firm-wide initiatives, including multi-asset content generation and centralized visualization tools. Build, test and maintain quantitative risk/pricing models, integrate AI tools and Python ML libraries to enhance analysis, and coordinate with Technology teams to deploy models to production.
Principal Responsibilities
- Develop of cross-asset analytics across all MLP strategies, supporting the Office of the CIO across Firm-wide initiatives
- Leverage multi-asset class risk and pricing analytics framework to develop insights using rich datasets.
- Contributions to the development of multi-asset class content generation, as well as centralized visualization tools for the platform
- Integrate and utilize AI tools (e.g., Python libraries like TensorFlow/PyTorch, AI-powered coding assistants) to enhance risk analysis, testing, and implementation.
- Post initial model development work, coordinate with relevant Technology departments to ensure changes are deployed into to production
Qualifications/Skills Required
- Hands on experience developing and maintaining risk and/or pricing models
- The candidate should have a degree in a quantitative major: Computer Science, statistics, mathematics, engineering, and professional experience of 2+ years in a quantitative role in a financial organization
- Knowledge of mathematical and statistical analytics tools: estimation of linear models, dimensionality reduction techniques e.g. Equity Factor Models, Principal Component Analysis, etc.
- Sense of responsibility and integrity. Intellectual curiosity and entrepreneurial mindset. Willingness to work and have fun in the process.
- Good presentation and communication skills, experience in either preparing or participating in presentation for senior management-style meetings.
The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.
