Job Description

Structured Product Quant/Strat

Millennium’s FI Risk team is looking for a Structured Product Quant/Strat. This person will work with the existing risk and technology teams to build default and loss curves by leveraging available structured product models and historical data across the fund’s various structured product types.

Qualifications:

  • 5-10 years of experience in Structured Product Analytics / Risk (preferably Front Office Risk) / Trading at a sell or buy-side firm
  • Comprehensive knowledge of structured products including non-agency RMBS, CMBS, CMBX, CRT, CLO, ABS, ABF, MSR, residential whole loans, commercial loans, student loans and consumer loans
  • Deep understanding of product-specific model assumptions, analytics outputs, and relevant data sources for historical pricing and market data
  • Advanced skills in constructing historical pricing time series (spreads, prices, etc.) and conducting historical P&L and stress simulations based on such dat...
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