MC
Millennium Capital Partners LLP
Senior Quantitative Researcher - Market Impact
Description
Company Overview
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.
Position Overview
We are currently seeking a Senior Quantitative Researcher with a focus on market impact modelling. The ideal candidate will have significant experience with this topic both academically and practically, including a strong awareness of the latest academic research, experience in fitting these models in real-world scenarios, and challenges including data and potential biases.
Principal Responsibilities
The successful candidate will be expected to:
- Research the applicability of various market impact models to a variety of business flows.
- Build fitting tools and analytics to support the research process and model calibration.
- Partner with PM/trading stakeholders to implement models into the portfolio construction process.
- Research models applicable to asset classes outside of Equities.
Qualifications/Skills Required
- Bachelor's degree in Mathematics, Statistics, Physics, Finance, Economics, Econometrics, Financial Engineering, Operations Research or similar.
- 3+ years experience in a Quantitative Research / Quantitative Trading role with a significant or exclusive focus on market-impact research/fitting.
- Excellent analytical and quantitative skills.
- Excellent communication skills, with the ability to work effectively in a team environment.
- Ability to use Python/KDB for analytical/research purposes.