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. The Volatility Alpha Development team is the core quantitative and strategy group supporting Millennium's global volatility business. The team builds and maintains systematic options datasets, back testing infrastructure, event-volatility models, and live systematic volatility-fitting frameworks that support portfolio managers across global volatility strategies.
Conduct quantitative research on market volatility, including volatility-surface fitting, systematic options P & L dataset generation, event-volatility analysis,



alternative-data research, AI-based hypothesis testing, and backtesting-platform development.
Combine financial intuition with statistical learning techniques to develop predictive models for use in the investment process.
Partner with senior portfolio managers to integrate Volatility Alpha Development datasets into investment strategies and risk-management workflows.
Master's degree or PhD in physics, mathematics, statistics, engineering, operations research, or a related STEM discipline.
At least three years of experience in investment management or a quantitative research environment.
Solid programming skills in Python, R, MATLAB, or C++.
Deep knowledge of financial markets, with particular expertise in options and derivatives.
Experience applying machine learning, statistical modeling, and data-visualization techniques.

📌 Quantitative Analyst - (C++, PhD) (Bengaluru)
🏢 Millennium
📍 Bengaluru