Engineer the Quantum RevolutionYour expertise can help us shape the future of quantum computing at Oxford Ionics.

View Open Roles

Senior Quantitative Lead - Trading Algorithms

Millennium
London
1 week ago
Create job alert

Quantitative Developer - Trading Algorithms

Join to apply for the Quantitative Developer - Trading Algorithms role at Millennium

Quantitative Developer - Trading Algorithms

Join to apply for the Quantitative Developer - Trading Algorithms role at Millennium

Job Function Summary

The 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 a highly driven, results-oriented Senior Quantitative Developer to with a strong background in building trading algorithms and a deep understanding of market microstructure and execution strategies to build a greenfield internal algorithmic trading platform This role requires a combination of technical expertise, industry knowledge, and leadership skills to develop and optimize trading algorithms tailored to the businesses’ trading objectives

Principal Responsibilities

  • Algorithm Development: Developing custom trading algorithms with the goal tailored execution outcomes that implement our portfolio optimization approach. Developing a framework that both relies on internal signals as well as facilitates its use by broader set of teams with their own signals, either independently or collaboratively.
  • Simulation: Develop a framework of simulators that use market data and trade history (or models) to evaluate the efficacy of algorithmic logic changes.
  • Collaboration with Quant Analysts: Partner with quantitative research analysts to productionize market microstructure and short-term signal models.
  • Performance Evaluation: Develop execution analysis reporting with appropriate benchmarks to evaluate the performance of custom algorithms.
  • Monitoring Tools: Develop intraday and post-trade monitoring tools to monitor and troubleshoot algorithm performance.

Qualifications/Skills Required

  • Experience: 10+ years of relevant experience in the trading and finance industry.
  • Market Microstructure Expertise: Domain expert in the market microstructure of cash equities. Knowledge of liquid futures market structure is a bonus.
  • Development Skills: Significant hands-on development experience in event-driven, real-time trading processes. Proficiency in C++ is preferred. If using Java, must demonstrate techniques that maximize runtime performance; proficiency with techniques that cover at best-in-class software-based latency; experience with FPGA a plus but not required.
  • Trade & Market Data: Reasonable amount of experience with understanding and coding trade and market data.
  • Leadership: Experience as a hands-on development lead, mentoring and guiding junior developers.
  • Education: Bachelor's or Master's degree in CS, Electrical & Electronic Eng, Biochem, applied math or statistics
  • Technical Skills: Strong programming skills in C++ or Java, with a focus on event-driven real-time trading processes.
  • Analytical Skills: Excellent quantitative and analytical skills, with the ability to interpret complex data and develop actionable insights.
  • Communication: Strong verbal and written communication skills, with the ability to convey technical concepts to non-technical stakeholders.
  • Problem-Solving: Proven ability to solve complex problems and think critically in high-pressure situations.
  • Team Player: Ability to work effectively in a team-oriented environment, collaborating with cross-functional teams.

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.Seniority level

  • Seniority levelMid-Senior level

Employment type

  • Employment typeFull-time

Job function

  • Job functionFinance and Sales
  • IndustriesInvestment Management

Referrals increase your chances of interviewing at Millennium by 2x

Get notified about new Quantitative Developer jobs in London, England, United Kingdom.

London, England, United Kingdom 3 weeks ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 5 days ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 10 months ago

Quantitative Researcher (Machine Learning)

London, England, United Kingdom 4 months ago

London, England, United Kingdom 1 day ago

Quant Developer - shape systematic trading

London, England, United Kingdom 3 days ago

Quantitative Developer - Electronic Trading

London, England, United Kingdom 5 months ago

Greater London, England, United Kingdom 1 week ago

Quantitative Developer, Systematic Equities

Greater London, England, United Kingdom 3 weeks ago

Quantitative Developer (HFT - New Desk - Not Tower) (London)

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 hour ago

London, England, United Kingdom 1 day ago

London, England, United Kingdom 1 month ago

Greater London, England, United Kingdom 5 days ago

City Of London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 6 days ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 6 days ago

Graduate Software Developer / Quantitative Developer / Quantitative Researcher - Up to £180,000 + Bonus + PackageQuantitative Researcher - Systematic Equities

London, England, United Kingdom 2 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.


#J-18808-Ljbffr

Related Jobs

View all jobs

Senior Quantitative Lead - Trading Algorithms | NYC or London- Global Hedge Fund | London, UK

Senior Quantitative Lead - Trading Algorithms | NYC or London- Global Hedge Fund

Senior Quantitative Lead – Trading Algorithms | NYC or London

Senior Quantitative Lead - Trading Algorithms.

Senior Quantitative Researcher

Senior Quantitative Researcher

Subscribe to Future Tech Insights for the latest jobs & insights, direct to your inbox.

By subscribing, you agree to our privacy policy and terms of service.

Industry Insights

Discover insightful articles, industry insights, expert tips, and curated resources.

Pre-Employment Checks for Data Science Jobs: DBS, References & Right-to-Work and more Explained

Pre-employment screening in data science reflects the discipline's unique position at the intersection of statistical analysis, machine learning innovation, and strategic business intelligence. Data scientists often have privileged access to comprehensive datasets, proprietary algorithms, and business-critical insights that form the foundation of organisational strategy and competitive positioning. The data science industry operates within complex regulatory frameworks spanning GDPR, sector-specific data protection requirements, and emerging AI governance regulations. Data scientists must demonstrate not only technical competence in statistical modelling and machine learning but also deep understanding of research ethics, data privacy principles, and the societal implications of algorithmic decision-making. Modern data science roles frequently involve analysing personally identifiable information, financial data, healthcare records, and sensitive business intelligence across multiple jurisdictions and regulatory frameworks simultaneously. The combination of analytical privilege, predictive capabilities, and strategic influence makes thorough candidate verification essential for maintaining compliance, security, and public trust in data-driven insights and automated systems.

Why Now Is the Perfect Time to Launch Your Career in Data Science: The UK's Analytics Revolution

The United Kingdom stands at the forefront of a data science revolution that's reshaping how businesses make decisions, governments craft policies, and society tackles its greatest challenges. From the machine learning algorithms powering London's fintech innovation to the predictive models guiding Manchester's smart city initiatives, Britain's transformation into a data-driven economy has created an unprecedented demand for skilled data scientists that far outstrips the available talent. If you've been contemplating a career transition or seeking to position yourself at the cutting edge of the digital economy, data science represents one of the most intellectually stimulating, financially rewarding, and socially impactful career paths available today. The convergence of big data maturation, artificial intelligence mainstream adoption, business intelligence evolution, and cross-industry digital transformation has created the perfect conditions for data science career success.

Automate Your Data Science Jobs Search: Using ChatGPT, RSS & Alerts to Save Hours Each Week

Data science roles land daily across banks, product companies, consultancies, scaleups & the public sector—often buried in ATS portals or duplicated across boards. The fix: put discovery on rails with keyword-rich alerts, RSS feeds & a reusable ChatGPT workflow that triages listings, ranks fit, & tailors your CV in minutes. This copy-paste playbook is for www.datascience-jobs.co.uk readers. It’s UK-centric, practical, & designed to save you hours each week. What You’ll Have Working In 30 Minutes A role & keyword map spanning Core DS, Applied/Research, Product/Decision Science, NLP/CV, Causal/Experimentation, Time Series/Forecasting, MLOps-adjacent & Analytics Engineering overlaps. Shareable Boolean searches for Google & job boards that strip out noise. Always-on alerts & RSS feeds that bring fresh UK roles to you. A ChatGPT “Data Science Job Scout” prompt that deduplicates, scores match & outputs ready-to-paste actions. A simple pipeline tracker so deadlines & follow-ups never slip.