Trade Support Specialist

Millennium Management LLC; London Borough of Southwark; Presencial; GBP 65 000 - 90 000; Tempo integral

Resumo da oferta

Millennium Management LLC in London seeks a Trade Support Specialist to join the Operations & Middle Office. You will ensure timely trade capture and affirmation across multiple asset classes including credit, rates, bonds and FX, working with Portfolio Managers and internal teams.

The role requires 5+ years of experience in traded products, strong prioritisation skills, and familiarity with systems like MarkitWire, Markit Trade Manager, Bloomberg and Murex.

Qualificações

• Minimum 5+ years of experience with traded products including credit, rates, bonds and FX.
• Ability to work in a high-paced environment and prioritise multiple deliverables.
• Strong market understanding of credit, rates, bonds and FX and regulatory developments.
• Balance autonomous work with team collaboration while delivering projects alongside BAU.

Responsabilidades

• Support Portfolio Managers and internal teams to ensure timely trade capture and affirmation.
• Automate and streamline processes to reduce operational risk and improve speed.
• Monitor trade queue and clear exceptions from new bookings.
• Resolve queries from Portfolio Management teams and counterparties.
• Coordinate with onshore/offshore teams to match economic breaks and confirm electronic affirmations.
• Remediate non-electronic affirmations and address non-flowing trades.
• Provide T+1 support and inform impacted parties of issues.
• Escalate process failures to stakeholders and senior management.
• Follow the sun model to handover tasks across regions and ensure coverage.
• Identify pain points and deliver process-improvement initiatives with stakeholder sign-off.

Conhecimentos

Trade support

Credit markets

Rates markets

Bonds

FX markets

Ferramentas

MarkitWire

Markit Trade Manager

Bloomberg

Murex

Descrição da oferta de emprego

Trade Support SpecialistRole: Trade Support SpecialistDepartment: Operations & Middle OfficeLocation: London, United Kingdom

Overview

The Trade Support Specialist will be responsible for providing support to Portfolio Managers and other internal teams, ensuring all trades are captured and affirmed in a timely manner within our books and records. The role will have exposure to a broad range of products traded at Millennium, including interest rate derivatives, credit products, bonds, and FX instruments (both cash and derivatives).

Principal Responsibilities

• Working with Portfolio Managers and other internal teams to automate and streamline existing processes, reduce operational risk and increase the speed and efficiency of the trade capture process.
• Broader T0 tasks: Ensuring that the Middle Office provides timely, best in class service to stakeholders, supporting the business with evolving initiatives and demands.
• Trade Queue: Monitoring and timely clearance of trade exceptions generated by
  new bookings.
• Middle Office Inboxes: Monitoring and timely resolution of queries from Portfolio Management teams and counterparties.
• Electronic Affimaton: Working with onshore/offshore teams and counterparties to match and resolve economic breaks.
• Non-electronic Affimaton: Ensuring that risk on trades that do not flow through an electronic platform have been appropriately addressed and mitigated.
• T+1 Support: Providing support to remediate issues from the previous day in a timely manner and informing impacted parties.
• Escalation: Escalating process failures or potential issues to relevant stakeholders and senior management.
• Global Model: The MO operates a 'follow the sun' model, so clear communication and handover of tasks and responsibilities to each region is essential.
• Firm Support: While the primary focus is supporting Portfolio Managers during trading, there is a wider responsibility to work with all teams to ensure accurate and timely trade capture daily.
• Improvements and Initiatives:
  Identify and document pain points and areas of process improvement. Remediate through delivery of initiatives, including stakeholder engagement, business case sign-off, project planning, delivery, and risk escalation.
• Control Focus: Proactively identify, assess and document risks within your area, propose control improvements and provide relevant updates to key partners on progress, through to completion.

Skills and Experience Required

Minimum 5+ years of experience with traded products, with demonstrated expertise in credit, rates, bonds, and FX marketsFamiliarity with high-paced working environments and strong ability to prioritise multiple deliverablesStrong market understanding and knowledge of industry and regulatory developments across credit, rates, bonds, and FXAbility to balance autonomous work with team collaboration while managing project deliveries alongside BAU requirementsExcellent interpersonal skills-the role involves daily interaction with senior stakeholders across the
firmFamiliarity with industry standard systems such as MarkitWire, Markit Trade Manager, Bloomberg, and Murex is beneficial.

Recruiter:Lizzie BramleyHiring Manager:Ben LawtonDepartment:Operations & Middle Office