Discover your dream Career
For Recruiters

Millennium is amassing big beasts of hedge fund tech in Miami

It's not just Ken Griffin who's hiring in Miami. Millennium Management, the hedge fund founded by Izzy Englander is also building out its Miami technology hub, and is massing some of its most senior engineering staff in Florida in the process. 

As we reported earlier this week, Millennium is quietly building a technology hub in India, but it's Miami where its technology action is most intense. Englander discussed the founding of the Miam tech center in his February investor letter, and sources say several of Millennium's top technologists are already there. 

They include: Steve Johnson, head of risk technology, equities technology and portfolio visualization, who joined from Citadel in February 2018; Stanley Mak, head of corporate technology support, DevOps and QA, who's been at Millennium for seven years and who previously worked in equities technology for Barclays; Fernando Jeronymo, the head of low latency technology whom Millennium hired from Tower Capital in 2020, and Vladimir Korostyshevskiy, the head of trading UI who came from Citi a while ago.

Some have been in Miami for a few years already and Millennium is now adding to them. - The fund is advertising 23 new technology roles in Miami currently, including for front end engineers and C++ developers. “Throughout our global locations, including our growing Miami office, we seek technologists who have a strong desire to be in a high-impact role from day one. Our technology teams collaborate with groups across the firm – including our investment professionals – to build solutions at the cutting edge of financial technology,” says John Talarico, Millennium's global head of technology talent acquisition.

One technology headhunter says Millennium's Miami aspirations are ambitious and that it will be competing with Citadel for staff there. "The sharp tech talent in Miami is scarce," he says. "There will be talent/poaching wars in the coming year."

For the moment, Miami pay is lower than in San Francisco and other technology centers. Levelsfyi says Millennium hired a technologist with 12 years' experience in Miami on $240k.

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance. 

Have a confidential story, tip, or comment you’d like to share? Contact: in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

Photo by aurora.kreativ on Unsplash

AUTHORSarah Butcher Global Editor

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Recommended Jobs

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.