
at Millennium
Hedge FundsPosted 4 days ago
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**Product Manager - Equity Volatility at Millennium** Lead product management for Equity Volatility technology team, supporting research, strategy, and risk tools. Partner with investment teams, gather requirements, create BRDs, and drive project execution using Scrum and JIRA. Manage product roadmaps, user documentation, and resolve delivery issues. Requires 6+ years' experience in relevant roles, strong equity derivatives expertise, particularly in volatility and delta 1 products. Experience in proprietary derivatives pricing systems, listed options, Python, and Java is crucial. Neutral, professional tone preferred, no fluff or repetition. Apply today.
- Compensation
- $175,000 – $250,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
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
The Information Technology team is central to the scale and performance of Millenniums business. The firms active, multi-manager model depends on flexible, scalable technology and advanced proprietary systems that power analytics, trading, and risk management. Within this environment, the Equity Volatility technology team builds and supports proprietary tools and services used across the business for research, strategy backtesting, and portfolio risk management in equities derivatives. The Equity Volatility business has delivered strong growth and performance over the last several years, and the team continues to expand its technology capabilities in support of that momentum.
What You'll Do
Partner with investment teams and business stakeholders to gather, refine, and synthesize requirements across the Equity Volatility platform
Analyze upstream and downstream data dependencies and translate business needs into clear BRDs, FRDs, JIRA tickets, and project plans
Manage day-to-day project execution, identifying, escalating, and helping resolve issues, conflicts, and delivery roadblocks
Create and maintain product roadmaps and related project artifacts to align stakeholders and manage expectations
Coordinate development tasks, testing, and release validation to ensure solutions meet business and user requirements
Develop user guides and platform documentation to support onboarding, adoption, and effective use of the tools
Help deliver proprietary tools that support research, strategy backtesting, and risk management for equities derivatives portfolios
What You Bring
6+ years of experience in a relevant business analyst and/or product management role
Strong subject matter expertise in equity derivatives, including market data, pricing, and risk management methodologies, with particular focus on Volatility and Delta 1 products and related risk sensitivities
Hands-on experience working on proprietary derivatives pricing, analytics, and risk management systems in close partnership with traders, risk managers, and business leaders
Strong understanding of equities options markets and the requirements that support listed options execution infrastructure
Experience working in a Scrum environment, with practical working knowledge of JIRA
Strong communication, interpersonal, and written documentation skills
Ability to perform effectively in a fast-paced, demanding environment
Basic understanding of Python and the ability to read Java code to understand implemented functionality; development experience or CFA is a plus
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 $175,000 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.




