Posted 17 days ago
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Develop cross-asset risk and pricing analytics across the firm's strategies to support the Office of the CIO, including building multi-asset content and centralized visualization tools. Use rich datasets and integrate AI tools (e.g., TensorFlow/PyTorch and AI coding assistants) to enhance model development, testing, and implementation, and coordinate with Technology to deploy models to production. Communicate findings to senior management and maintain responsibility for model maintenance, validation, and presentation.
- Compensation
- $160,000 – $250,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
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.
