Quantitative Analyst – Systematic Japanese Equities
A hands-on research role in a newly formed semi-systematic equity pod in Hong Kong, covering the Japanese market. It sits beside a senior portfolio manager, quant developers and fundamental analysts inside Millennium's multi-manager platform.
What you’d work on
Our reading of the posting: what a new hire in this role would most likely spend their first months on.
- Prototype and test mid-frequency alpha signals from market, fundamental and alternative datasets
- Backtest ideas and turn the survivors into implementable strategies
- Run portfolio construction and optimisation experiments with the quant developers
- Produce risk and performance attribution for the live book
- Build small AI-assisted tools that speed up the research loop
What they ask for
Required
- Python
- Alpha signal research and backtesting
- SQL and time-series databases
- Algorithms, data structures and concurrency
- Git, unit testing and CI/CD habits
- Handling large market datasets
- 1-3 years of cash equities research in Asia
Preferred
- Knowledge of the Japanese market
- Clear communication with traders and PMs
- Machine learning and AI research tooling
- Education
- First-class bachelor's or master's in maths, physics, quantitative finance, statistics or a related field
- Experience
- 1-3 years of cash equity strategy research and trading in Asian markets
- Languages and tools
- Markets
- equities
How to prepare
- Build a Python backtest of a simple equity signal with realistic costs and report its out-of-sample decay
- Learn mean-variance portfolio construction and run it on a Japanese equity universe
- Practise SQL on a time-series or column store with market data
- Write a short attribution report splitting returns into factor and specific parts
What to study
- Quantitative Research, Data and Backtesting
- Portfolio Theory and Quantitative Investment
- Empirical Asset Pricing and Factor Investing
- Python for Quantitative Finance
The Quantitative Researcher roadmap sets out the stages for this kind of role, with free resources for each.
Open the roadmapApply
Read the full posting on Millennium’s site before applying: requirements, location and pay can change after we check them.
View the posting on Millennium’s site ↗
SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Millennium and doesn’t handle applications.