Trader

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. 

Employer:                                           MCP (Switzerland) GmbH

Job Title:                                              Trader

Office Location:                              Zurich, Switzerland

Meet the Team

Millennium’s trading teams operate in a dynamic, entrepreneurial environment, supported by the firm’s resources, technology, and a commitment to leveraging market innovations in technology and data to deliver high-quality returns. Working across global markets, teams combine specialization and expertise with a rigorous risk framework and a collaborative culture focused on pursuing high-quality results.

What You’ll Do

• Identify, evaluate, and execute timely market opportunities and equity index options trading strategies to generate profits. This will involve equity index options and ETF options research and analysis for trade idea generation, testing, and implementation.
• Price and model equity index options and equity derivatives. Analyze large quantities of data and use machine learning and other statistical methods to derive patterns.
• Utilize portfolio optimization techniques to build and rebalance the portfolio dynamically.
• Analyze global stock earning events and market data to inform trading positions.
• Responsible for portfolio construction and implementation including devising execution strategies and monitoring acceptable risk parameters.
• Actively communicate with all portfolio management team members throughout the trading day to drive an actively traded portfolio.

What You Bring

• Master's degree in Computer Science, Data Science or related field, with a demonstrated understanding of Machine Learning (ML) and Natural Language Processing (NLP).
• At least 1 year of experience with equity index options and/or index relative value trading, including modeling volatility surfaces.
• Mastery of option Greeks and strong experience coding with Python.
• Experience with trade order management systems, and trade flow and execution analysis and modeling.
• Experience developing and calibrating options execution algorithms for trade-level attribution, optimization, sizing and pricing.
• Experience working with trading systems built with Python and C++ for real-time market data, monitoring, execution, and trade analysis.
• Experience developing trading ideas, gathering and analyzing trading requirements and challenges, and designing solutions using statistical analysis and quantitative methods.

Apply at: https://mlp.eightfold.ai/careers/job/private?domain=mlp.com&pid=755959397093