Quantitative Researcher – Systematic Macro
A research role in a fast-growing systematic macro team at Millennium, working with a senior portfolio manager on alpha research and strategy implementation. It also covers improving the internal research 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.
- Research macro signals from idea through data preparation, statistics and backtest
- Improve the team's data pipelines and backtesting tools
- Add statistical learning and alpha analytics to the research platform
- Explore new alpha ideas independently
- Test trading cost effects on strategies
What they ask for
Required
- Python
- Pandas, SciPy, NumPy or Polars
- Alpha research in systematic macro
- Statistical analysis and backtesting
- Problem solving
- Quantitative degree
Preferred
- Commodities, FX, equity and bond futures research
- Intraday macro strategies
- Trading cost analysis
- Machine learning
- Library building
- Education
- Master's or PhD in a quantitative subject preferred; strong bachelor's candidates considered
- Experience
- 2+ years of quantitative research in systematic macro
- Languages and tools
- Markets
- commodities, fx, equities, futures, fixed-income
How to prepare
- Build a cross-asset futures signal (carry or trend) and backtest it with costs
- Learn Polars for fast panel data work
- Study macro data releases and how to avoid look-ahead bias
- Estimate trading costs for futures and include them in portfolio sizing
What to study
- Quantitative Research, Data and Backtesting
- Econometrics and Financial Time Series
- Portfolio Theory and Quantitative Investment
- Python for Quantitative Finance
The Quantitative Researcher roadmap sets out the stages for this kind of role, with free resources for each.
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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.