About Millennium
Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millenniums 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
Millenniums Global Risk Management Department is responsible for identifying, measuring, monitoring, managing and reporting on the risks associated with the firms portfolios at both the firm-wide and Portfolio Manager levels. Within this environment, the team partners closely across risk, portfolio management, technology, and business management to strengthen portfolio analytics, support investment decision-making, and enhance the quantitative frameworks used to assess risk and performance.

What You'll Do
Develop and maintain robust factor modeling and risk measurement frameworks, with a strong focus on portfolio optimization, risk analysis, and performance attribution

Support the design and enhancement of the teams broader quantitative framework in partnership with Technology, Risk, Portfolio Managers, and business stakeholders

Partner with Technology to transition quantitative models into production environments with a focus on accuracy, scalability, and workflow efficiency

Lead research into, and implementation of, quantitative models including factor models and more complex risk assessment approaches

Apply quantitative tools and analytics to improve portfolio insight, risk transparency, and investment decision support

What You Bring
Degree in a quantitative discipline such as statistics, mathematics, engineering, or a related field

4+ years of experience in a quantitative role within a financial organization, or an advanced degree in a quantitative field

Strong programming skills, including experience with Python and SQL

Experience with Python data libraries such as Polars and/or Pandas

Proficiency in at least one compiled, statically typed programming language is a plus, as is demonstrated programming ability through public repositories such as GitHub

Prior experience in equity factor risk modeling, quantitative models, and portfolio analytics

Experience using fundamental equity factor models such as MSCI/Barra, Axioma, or Bloomberg is highly desirable

Strong sense of responsibility and integrity, intellectual curiosity, initiative, and the ability to work independently and manage ambiguity effectively

Salary Range
Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. 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. When finalizing an offer, we take into consideration an individuals experience level and the qualifications they bring to the role to formulate a competitive total compensation package.