Business Unit Control Specialist (Treasury)

Millennium Management LLC; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Business Unit Control Specialist to enhance their controls framework within an in-house financing system. This role involves performing deep data analysis, developing intuitive financial dashboards, and creating automated reporting to address issues. The successful candidate will demonstrate strong ownership of their work while ensuring compliance with established controls. This position offers the opportunity to contribute significantly to system development and implementation, making it an exciting chance to drive improvements in a dynamic environment.

Qualifications

• Strong knowledge of portfolio financing and treasury operations.
• Detail-oriented with demonstrated initiative and problem-solving skills.

Responsibilities

• Create financial dashboards to capture summary stats and trends.
• Perform data analysis for financing charges across asset classes.

Skills

Portfolio financing

Treasury

Prime Brokerage

Data analysis

Problem-solving

Strong communication

Detail oriented

SQL

Excel

Tools

Financial dashboards

Automated reporting

Job description

Business Unit Control Specialist (Treasury)

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 our controls framework within our in-house financing system, including enhancing existing processes, developing new controls, performing deep data analysis, and creating effective reporting. The successful candidate will not only execute established controls but also identify gaps and areas for development and improvement.

Principal Responsibilities

• Create intuitive financial dashboards around portfolio financing to capture summary stats and trends.

• Perform data analysis and calculations for financing charges for all asset classes, including equities, fixed income, commodities, currencies, etc.

• Create automated reporting to systematically capture, highlight, and escalate issues.

• Review and reconcile portfolio financing interest charges calculated by system and compare to expected outcomes.

• Perform in-depth investigative data analysis to diagnose issues, detect system anomalies, and identify controls gaps.

• Review and analyze financial data to identify discrepancies, trends, and make recommendations for improvements.

• Perform ongoing monitoring to ensure compliance with established controls and identify areas of risk or non-compliance.

• Contribute to system development and implementation to further enhance system capabilities.

Qualifications/Skills Required

• Portfolio financing/Treasury/Prime Brokerage background

• Knowledge of equity prime brokerage financing, including debit
  interest, abf financing/pricing methodologies.

• Knowledge of securities lending, specifically in regard to stock loan, locates, PTHs.

• Knowledge of prime brokerage margining frameworks and methodologies.

• Knowledge of fixed income financing – collateral, repo, etc. a plus

• Detail oriented; Demonstrates thoroughness and strong ownership of work.

• Demonstrated initiative and problem-solving skills.

• Strong communication skills.

• Strong knowledge of SQL and Excel.