Operations Specialist - Financing (12 Month Fixed Term Contract).

Millennium Management; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A global financial services firm in London is seeking an Operations Specialist to enhance financing operations and ensure accuracy within their dynamic team. Responsibilities include managing accruals, investigating discrepancies, and transitioning legacy workflows to new systems. The ideal candidate will have a degree and prior experience in financing operations. This contract role offers an excellent opportunity in a collaborative environment.

Qualifications

• Prior experience in financing operations, reconciliation, or a similar role within financial services.
• Familiarity with street financing processes across asset classes.
• Knowledge of broker accruals and financing rules.

Responsibilities

• Manage position and account-level accruals.
• Investigate and resolve discrepancies.
• Streamline financing processes across regions and products.
• Collaborate with global financing team members.
• Lead the transition to the new MLP platform.

Skills

Analytical skills

Interpersonal skills

Attention to detail

Experience with financial systems

Ability to work with large datasets

Education

2:1 degree or above

Job description

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Operations Specialist - Financing (12 Month Fixed Term Contract), London

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Reference: 9d1ad23e1d40

Job Views: 5

Posted: 12.08.2025

Expiry Date: 26.09.2025

Job Description:

This role presents an exciting opportunity to contribute to the efficiency and accuracy of financing operations within a dynamic, global environment. As a key member of the centralized Financing Operations team, you will play a pivotal role in driving operational excellence, supporting portfolio managers, and advancing the transition to streamlined financing processes.

The Operations Specialist will help manage daily equity financing accruals, investigate discrepancies, and ensure accurate reconciliation across multiple product classes. The successful candidate will collaborate closely with internal teams, external brokers, and portfolio managers to optimize financing operations, implement innovative methodologies, and transition legacy workflows to new centralized systems.

Principal Responsibilities:

• Manage position and account-level accruals, ensuring accurate representation in daily NAV reporting and month-end reconciliation processes.
• Investigate and resolve discrepancies across multiple product classes.
• Streamline street financing processes to ensure consistency across regions and products.
• Collaborate with global financing team members to align focus and facilitate knowledge sharing across products.
• Work with prime brokers to ensure new accounts and mandates are established in accordance with firm protocols and conventions.
• Lead the transition of legacy financing workflows to the new MLP platform, ensuring seamless integration and operational efficiency.
• Facilitate onboarding for traders, equipping them with the necessary tools and systems to assist in their financing needs.
• Provide detailed walkthroughs of the MLP financing platform for new and existing trading groups.
• Assist in the setup of tailored financing reports to meet portfolio manager needs.
• Engage in ad-hoc discussions with the portfolio financing teams to address specific financing queries.

Qualifications/Skills Required:

• 2:1 degree or above.
• Prior experience in financing operations, reconciliation, or a similar role within financial services.
• Familiarity with street financing processes, across asset classes, within Operations or a Treasury function, desirable.
• Knowledge of broker accruals, financing rules, and subledger posting processes.
• Experience with financial systems and basic fund accounting principles.
• Strong analytical skills to investigate and resolve discrepancies across multiple product classes.
• Ability to work with large datasets and ensure accuracy in daily NAV reporting.
• Exceptional interpersonal skills to collaborate effectively with internal teams (Core Operations, Middle Office, Portfolio managers) and external brokers.
• Ability to provide clear commentary and documentation for break resolution and financing adjustments.
• Proven ability to manage multiple accounts, tasks, and responsibilities simultaneously.
• Detail-oriented approach to ensure accuracy in daily and monthly processes.