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Operations and Middle Office is one of the largest departments at Millennium. The Middle Office group consists of three inter-connected functions in the post-trade lifecycle: trade support, valuations, and business unit control. Middle Office supports all products traded within firm – ranging from simple listed equities to complex derivative products.
We are looking for a driven and detail-oriented candidate to fill a Hybrid Valuations and Business Unit Control role that will be focused on the pricing and valuations of Structured Credit products.
Responsibilities
- Responsible for maintaining, monitoring and establishing new procedures and controls to support the intra-day and end of day pricing for structured credit products (Agency/Non-Agency MBS, CMBS & CLOs)
- Co-ordinate with various departments and Portfolio Managers to resolve pricing, P&L, position, technology, risk and security setup related issues for this asset class
- Perform daily T+1 Independent Price Verification
Qualifications
- 5+ years proven experience
- Knowledge of Structured Products (Agency/Non-Agency MBS, CMBS & CLOs)
- Experience working with trading desks
- Knowledge of Bloomberg and Reuters
- Detail oriented; Demonstrates thoroughness and strong ownership of work
- Standout colleague with a strong willingness to participate and help others
- Strong sense of urgency with ability to prioritize in a fast moving, high pressure environment
- Strong communication skills; Quick learner
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 $160,000 to $250,000, 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.
About Millennium is a global alternative investment management firm, founded in 1989, which manages more than $56 billion in assets. Technology... Read more