Senior Quantitative Developer

New York · On-site$175k – $250k

About this role

Senior Quantitative Developer

About Millennium
Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.
Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.

Meet the Team
Core to the health and growth of our business, Millennium’s Information Technology team supports the firm’s active, multi-manager business model through flexible, scalable technology and advanced proprietary systems. The team develops next-generation analytical and trading capabilities, including high-performance infrastructure that supports central trading teams and enables execution across businesses and regions.

What You'll Do

  • Design, develop, and maintain low-latency C++ execution algorithms, order management systems, strategy containers, connectivity, and messaging systems.

  • Partner directly with central trading teams to optimize execution performance across businesses and regions.

  • Reduce system latency using advanced network and systems programming techniques and other performance-focused methodologies.

  • Build systems, interfaces, and tools for historical market data analysis and trading simulations to improve research productivity and system testability.

  • Develop and maintain automated tests, performance benchmarking frameworks, and internal engineering tools.

  • Collaborate with trading teams in a fast-paced environment to gather requirements and deliver effective, timely solutions.

What You Bring

  • Bachelor’s degree in Computer Science or a related field.

  • 10+ years of professional software development experience, including at least 5 years in a front-office financial services environment.

  • Strong expertise in data structures, algorithms, and object-oriented programming in C++.

  • Proficiency with C++17 and C++20, multithreading, and asynchronous programming environments.

  • Strong understanding of low-latency and real-time system design and implementation.

  • Deep knowledge of Linux system internals and networking.

  • Strong financial markets experience across multiple asset classes, with a focus on real-time, low-latency trading systems for equities and futures.

  • Proficiency using LLM-based tools to accelerate development, improve code quality, and enhance productivity; working familiarity with Python for quantitative research, data-oriented processing, and execution algorithm performance analysis.

Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $175,000 to $250,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

Company at a glance

Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $92 billion in assets. Defined by evolution, innovation and focus, Millennium's mission is to deliver high-quality returns for our investors.

Millennium seeks to empower talented professionals with the sophisticated expertise, resources and technology to pursue a diverse range of investment strategies across industry sectors, asset classes and geographies.

See our community guidelines at: mlp.com/guidelines

Read our disclosures at: https://www.mlp.com/disclosures/

Founded1989
Team Size5,001-10,000 employees
WorkspaceOn-site
IndustryInvestment Management
Location
New York, New York, United States
Websitemlp.com
LinkedInLinkedIn

Top Benefits

  • Comprehensive Benefits

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