Treasury Specialist

Treasury Specialist

Job Function Summary

The Treasury function at Millennium covers a number of areas including:

• Cash and collateral management
• Liquidity Mgt.
• Stress liquidity Mgt.
• FX hedging
• Transfer pricing
• Equity / FI Financing
• Counterparty Risk
• Document negotiations w/Brokers

We are looking for a candidate to join the Treasury function and drive our initiatives in the region in addition to supporting/leading various global efforts.  The individual should be a self-starter who can operate independently as well as within the broader team.

Principal Responsibilities

• Communicate with business and portfolio managers in the region on topics including cash consumption and transfer pricing models.
• Analyze liquidity impact of specific trading strategies given various conditions.
• Work with middle office to evolve internal cost allocation model to support new products and initiatives
• Partner with businesses and operations globally to deliver new solutions which expand the platform our PMs are able to trade on.
• Work with the prime brokers to continually enhance margin models/agreements as our portfolios change/grow
• Design / implement internal margin models reflective of external arrangements
• Manage current liquidity needs of the firm within legal entities, accounts, markets, brokers, currencies etc.
• Support firm stress liquidity modeling efforts
• Work with the team to support optimization efforts around the globe.

Qualifications/Skills Required

• An undergraduate or Master’s degree in a quantitative discipline
• Experience in developing margin/risk models; experience on the equity side is required
• 5-10 years of experience at a prime broker in a margin/risk role and an understanding of prime brokerage
• Programming skills required

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