Quantitative Developer - Trading Algorithms

Job Function Summary
The Central Liquidity Strategies (CLS) business manages a number of portfolios and products designed to optimize the firms trading and approach by providing internal liquidity solutions for portfolio managers on both a risk and agency basis.

We are seeking a highly driven resultsoriented Senior Quantitative Developer to with a strong background in building trading algorithms and a deep understanding of market microstructure and 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 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 shortterm signal models.
Performance Evaluation: Develop analysis reporting with appropriate benchmarks to evaluate the performance of custom algorithms.
Monitoring Tools: Develop intraday and posttrade 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 handson development experience in eventdriven realtime trading processes. Proficiency in C is preferred. If using Java must demonstrate techniques that maximize runtime performance; proficiency with techniques that cover at bestinclass softwarebased 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 handson development lead mentoring and guiding junior developers.
Education: Bachelors or Masters degree in CS Electrical & Electronic Eng Biochem applied math or statistics
Technical Skills: Strong programming skills in C or Java with a focus on eventdriven realtime 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 nontechnical stakeholders.
ProblemSolving: Proven ability to solve complex problems and think critically in highpressure situations.
Team Player: Ability to work effectively in a teamoriented environment collaborating with crossfunctional teams.

The estimated base salary range for this position is $160000 to $250000 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 individuals experience level and the qualifications they bring to the role to formulate a competitive total compensation package.