Business Unit Control – Product Control

Business Unit Control – Product Control

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

• Daily P&L – provide T0 and T+1 P&L explains and commentary to both senior management and PMs globally across all asset classes.
• P&L reporting – coordination and management of P&L reporting to all PM teams.
• PM Interface – primary interface for the PMs for all pricing, position, and exposure related questions.
• Centralized Control – coordinate across teams to validate P&L in both subledger and GL; act as centralized control for P&L and expense changes.
• Senior Management Reporting – preparation of daily and weekly reporting and analytics for senior management team.
• Short and Long Term Projects – continued enhancement of existing tools, new builds, etc.

Qualifications

• 7-10 years of relevant experience in Product Control or P&L required.
• Proven success interacting cross-functionally, specifically with investment professionals and senior management.
• Demonstrated initiative and problem-solving skills.
• Detail oriented; Demonstrates thoroughness and strong ownership of work.
• Strong excel skills.
• Experience with:
  • Risk-Based P&L Explained & P&L Attribution
  • Senior Management reporting
  • Intraday and end of day P&L support and reporting
  • T+1 P&L production
  • P&L controls & reconciliations
  • Experience with the general ledger and accounting data
  • Automation/process improvement
  • Murex/Geneva/Imagine knowledge and SQL/Visio/PPT expertise would be a plus
• Proactive, detail-oriented problem solver with a desire to contribute to Millennium’s reputation and success
• Outstanding verbal and communication skills, with ability to interact with individuals of all levels
• Proven ability to contribute in a fast-paced environment with the ability to prioritize tasks and manage time efficiently

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.