Quantitative Developer - Equity Factor Model

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Millennium is looking for an exceptional individual to join the Equity Factor Risk Model Research Technology Team, which is responsible for designing and developing equity portfolio analytics framework, including MSCI Barra equity factor risk models.

Principal Responsibilities

Build expertise in Barra and proprietary factor risk models

Build the infrastructure required for optimal extraction, transformation, and loading of data from a wide variety of data sources using SQL and ‘big data’ technologies

Identify, design, and implement internal process improvements: automating manual processes, optimizing data pipeline, re-designing infrastructure for greater scalability, etc.

Work with portfolio research team on the development and integration of new analytics models into the firm’s delivery platforms

Perform extensive back-testing of existing and new risk factor models

Support and run processes for risk management and equity portfolio research

Qualifications/Skills Required

Candidates must have a minimum of 5 years of software development experience in finance or top-tier technology companies.

Broad understanding of equities markets and portfolio construction

Strong working knowledge of software design including algorithms and object oriented design

Strong working knowledge of statistics

Advanced R and Python programming (must have 5+ years of professional development experience on topics like OOP etc.). Experience in R programming language is strongly preferred

Must have hands-on experience in scaling R to Big Data

Advanced working knowledge of SQL ; minimum 5+ years of professional development experience

Experience developing solutions in ‘big data’ analytics engines (particularly Apache Spark)

Strong communication skills required as this role involved direct communication with risk management and trading

A successful candidate will be detail oriented, a quick learner and able to adapt to a dynamic high paced environment

Applicant should have a demonstrated track record of success in challenging environments

Good team player with a strong willingness to participate and help others.

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