Quantitative Researcher - Execution Services

Millennium Management LLC
City of London
4 days ago
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Quantitative Researcher - Execution Services page is loaded## Quantitative Researcher - Execution Serviceslocations: London - 62 Buckingham Gatetime type: Full timeposted on: Posted 25 Days Agojob requisition id: REQ-24954Quantitative Researcher - Execution ServicesThe Central Liquidity Strategies (CLS) business manages a number of portfolios and products designed to optimize the firm’s trading and execution approach by providing internal liquidity solutions for portfolio managers on both a risk and agency basis.We are seeking an Alpha Researcher with experience in return / toxicity forecasting as it relates to market-making business offering pricing on larger blocks of equities either via outright risk pricing or other product structures.Principal Responsibilities* Modelling: Design and develop models to assist in alpha generation. Areas include: + Automated evaluation of signal performance over time and feature engineering techniques to drive improvements. + Combination of multiple signals to produce a single useable alpha for different contexts and attribution of performance. + Robust estimation of key metrics such as signal correlations, decay, turnover and risk.* Rigorous Grounding: Given inherent complexity and high dimensionality, employ methods to avoid overfitting and poor OOS performance based on sound statistical reasoning.* Collaboration: Work with team members to decide the overall direction, design, and architecture of the platform, and collaborate with key stakeholders across the business.Qualifications/Skills Required* Required Experience: 5+ years of experience in Quantitative Finance setting, with a proven track record of developing robust alpha models, preferably in an Equities context.* Education: PhD or Master's degree in Statistics, or a related field with an excellent understanding of the theory behind statistical and machine learning methods.* Technical Skills: Proficiency in Python and/or KDB, preferably both.locations: London - 62 Buckingham Gatetime type: Full timeposted on: Posted 30+ Days Ago
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