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The Business Unit Control team is responsible for observing and analyzing P&L, risk, pricing processes and internal financing. This role will be primarily focused on the continued build out of an in-house financing system, including ownership of project management, outlining PM policy, writing business and technical specifications, and testing/validation.
Responsibilities
- Financing – focus on Millennium’s internal and street financing models. This includes all PB financing, initial and variation margin, collateral, stock loan, swap financing and repo and understanding how this is managed both internally and externally.
- Project Management – management of all aspects of the platform build, from high-level timelines to prioritization of development tasks.
- PM Policy – full ownership and understanding of PM financing policy, including treatment of new products/strategies in coordination with Treasury.
- Street Financing – partnership with Operations and Millennium’s counterparties to replicate broker logic across global asset classes.
- Implementation/Validation – coordination with development and business analysts to write and implement business specifications, including full testing and validation.
Qualifications
- 5+ years of experience
- P&L/Treasury/Prime/Collateral background
- Knowledge of equity financing, including debit financing, sec lending, margin, etc.
- Knowledge of fixed income financing – collateral, repo, etc. a plus
- Knowledge of Imagine, Murex, OpenLink a plus
- Detail oriented; Demonstrates thoroughness and strong ownership of work
- Demonstrated initiative and problem-solving skills
- Experience managing/running large projects
- Strong communication skills
- Very strong excel skills required; SQL a plus
The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. 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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About Millennium is a global alternative investment management firm, founded in 1989, which manages more than $56 billion in assets. Technology... Read more