Risk Analyst (Quant) - Equity Vol
Full Time
New York, NY 10022
$70,000 - $160,000 a year
Posted
Job description
Risk Analyst (Quant) - Equity Vol
The firm is looking to recruit a Risk Analyst, reporting to the Derivatives Risk Manager. Previous experience in financial filed is not a requirement. One or two post doc positions would be a plus. So would a couple of years of experience as a front office desk quant at a sell side bank, or quant researcher at a hedge fund.
Principal Responsibilities
- Research, prototype and test derivative’s pricing models
- Research, prototype and test various risk methodologies: Scenarios analysis, Historical simulations, VaR&Stress calculations, P&L attribution
- The role has the potential to grow into full risk manager responsibilities, including, meeting and communicating with Portfolio Managers on regular basis, evaluating/approving trade ideas and understanding the rationale and risk/reward of the trades.
Qualifications/Skills Required
- PhD degree in Physics, Mathematics, Statistics, or another quantitative subject area
- Strong programming skills, preferred language is python. However it is not a must
- Strong quantitative/analytical/statistical analysis skills.
- Ability to reason through and solve open-ended questions
- Demonstrated ability to solving problems both independently and collaborate effectively with colleagues across teams.
- Strong communication and interpersonal skills, ability to communicate with portfolio managers, traders and senior management
The estimated base salary range for this position is $70,000 to $160,000, 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.
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