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Entry Level Millennium Hedge Fund Jobs (NOW HIRING)

Software Engineer

Manhattan, NY · On-site

$85 - $120/hr

Positive, Balanced work environment About Us Algoriz is headquartered in New York City and is built by alumni of Goldman Sachs and Millennium partners Hedge fund. The team has deep domain expertise ...

Compliance Analyst The Compliance Department at Millennium serves to adopt, implement, and enforce ... Hedge Fund and Private Equity regulatory compliance experience or accounting, investor services ...

Firm Overview Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge ... This entry-level position is ideal for candidates who are looking to develop a career in compliance ...

Marketing Associate

Stamford, CT · On-site

$65K - $75K/yr

At Hedgeye, our mission is simple: to bring hedge fund-quality research to all investors. We are a ... This is an exceptional entry-level opportunity with significant room for growth. IN THIS ROLE, YOU ...

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Entry Level Millennium Hedge Fund information

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How much do entry level millennium hedge fund jobs pay per hour?

As of Aug 22, 2026, the average hourly pay for entry level millennium hedge fund in the United States is $19.94, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $22.36 per hour, depending on experience, location, and employer.

What is the difference between Entry Level Millennium Hedge Fund vs Entry Level Investment Analyst?

AspectEntry Level Millennium Hedge FundEntry Level Investment Analyst
Required CredentialsBachelor's degree, some firms prefer finance or economicsBachelor's degree in finance, economics, or related field
Work EnvironmentFast-paced, high-pressure hedge fund settingCorporate finance or asset management firms, office setting
Industry UsagePrimarily in hedge funds and alternative investmentsIn investment banks, asset management firms, and hedge funds

Entry Level Millennium Hedge Fund roles focus on alternative investment strategies within hedge funds, requiring strong analytical skills and familiarity with hedge fund operations. Entry Level Investment Analysts typically work in broader investment settings, analyzing securities and supporting portfolio managers. While both roles require similar educational backgrounds, hedge fund positions often demand more specialized knowledge of hedge fund strategies and risk management.

Do entry level Millennium hedge fund jobs?

Entry-level positions at Millennium hedge funds are available for candidates with strong analytical skills and a background in finance, economics, or related fields. These roles often involve supporting trading, research, or risk management teams and may require internships or relevant certifications. Competition is high, and a solid understanding of financial markets and tools like Excel or Bloomberg is beneficial.

What cities are hiring for Entry Level Millennium Hedge Fund jobs?

Cities with the most Entry Level Millennium Hedge Fund job openings:

What are the most commonly searched types of Millennium Hedge Fund jobs?

The most popular types of Millennium Hedge Fund jobs are:

What states have the most Entry Level Millennium Hedge Fund jobs?

States with the most job openings for Entry Level Millennium Hedge Fund jobs include:

Quantitative Researcher, Systematic Macro

Millennium Management LLC

New York, NY • On-site

$150K - $200K/yr

Full-time

Re-posted 20 days ago


Millennium Management rating

7.0

Company rating: 7.0 out of 10

Based on 12 frontline employees who took The Breakroom Quiz


Job description

Quantitative Researcher, Systematic Macro
Quantitative Researcher, Systematic Macro
Please direct all resume submissions to QuantTalentUS@mlp.com.
Millennium is a top tier global hedge fund with a strong commitment to leveraging market innovations in technology and data to deliver high-quality returns.
Job Description
A fast-growing, collaborative and entrepreneurial systematic investment team is seeking a highly skilled Quantitative Researcher with expertise in systematic macro strategies. The ideal candidate will contribute to alpha research, signal development, and strategy implementation in a dynamic and fast-paced environment. This role offers significant career growth.
Location
New York
Principal Responsibilities
  • Work closely with the Senior Portfolio Manager to develop systematic macro strategies, focusing on alpha research, including idea generation, data preprocessing, statistical analysis, backtesting and implementation.
  • Contribute to and enhance the internal research platform, including data pipelines, statistical learning tools, alpha analytics, and backtesting frameworks.
  • Independently explore and develop new alpha ideas while collaborating in a transparent and team oriented environment.

Preferred Technical Skillset
  • Strong research and programming skills, with proficiency in Python.
  • Solid experience with data analytics libraries (e.g., Pandas, SciPy, NumPy, Polars); extensive library-building experience is a plus.
  • Masters or PhD degree in a quantitative subject such as Applied Mathematics, Statistics, Physics, Engineering, Financial Engineering, Computer Science or related field from a top ranked university. Strong candidates with Bachelor's degree will also be considered.
  • Exceptional problem-solving abilities, intellectual curiosity (especially in alpha research), and a proactive research mindset.
  • Creativity and out of the box thinking, combined with rigorous quantitative analysis.

Preferred Experience
  • 2+ years of experience in quantitative research with a focus on systematic macro strategies.
  • Preferred experience in hedge fund alpha research in commodities, FX, equity and bond futures.
  • Experience in macro intraday strategies is a strong plus.
  • Experience in trading cost analysis is a plus.
  • Experience in machine learning is a plus.

Target Start Data
  • Up to 12 months (strong preference for candidates who can start sooner)

Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. The estimated base salary range for this position is $150,000 to $200,000, 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.

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