Compliance Associate

Millennium Management; New York (NY); On-site; USD 70,000 - 160,000; Full time

Job summary

Millennium Millennium is seeking a Compliance Associate to support the global Quantitative Trading Compliance program in New York. You will review trading teams under the Algorithmic Trading Policy and help monitor regulatory developments relevant to quantitative trading.

Candidates should have 3–5 years of experience, a relevant bachelor’s degree, and strong analytical, writing, and presentation skills suitable for senior management communications.

Qualifications

• 3–5 years of relevant experience, ideally at a regulatory authority, bank, broker-dealer, or buy-side firm.
• Experience addressing algorithmic or systematic trading matters; familiarity with model-based trading and execution algorithms preferred.
• Bachelor’s degree in CS, Finance, Economics, or similar field with strong academics.
• Understanding of global financial markets and market structure preferred.
• Understanding of artificial intelligence and current regulatory focus areas.
• Strong analytical and conceptual problem-solving skills with attention to detail.
• Strong ownership, ability to manage priorities, multitask and meet deadlines.
• Strong written and verbal communication skills; ability to develop presentation materials for senior management; proficiency in PowerPoint and Excel.

Responsibilities

• Support the administration of the global Quantitative Trading Compliance program, including vetting and review of portfolio management teams under the Algorithmic Trading Policy.
• Monitor regulatory developments, industry initiatives, and evolving compliance expectations affecting quantitative trading.
• Conduct ongoing analysis to enhance the global Quantitative Trading Compliance program.
• Assist with regulatory examinations, inquiries, investigations, and other compliance projects.
• Support drafting and maintenance of compliance policies and procedures.
• Prepare and deliver compliance training materials.

Skills

Analytical skills

Communication skills

Ownership & responsibility

Prioritization

MS Excel & PowerPoint

Education

Bachelor's degree in Computer Science, Finance, Economics

Tools

Excel

PowerPoint

Job description

Compliance Associate

About Millennium Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors. Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.Meet the Team

The Compliance Department at Millennium is responsible for adopting, implementing, and enforcing a compliance program that includes policies, procedures, processes, systems, controls, surveillance, testing, and reporting. The Quantitative Trading Compliance team supports the Firm’s global program by partnering across the business to address the regulatory considerations of algorithmic and systematic trading activities.

What You’ll Do

• Support the administration of the Firm’s global Quantitative Trading Compliance program, including the initial vetting and ongoing review of portfolio management teams under the Firm’s Algorithmic Trading Policy
• Monitor regulatory developments, industry initiatives, and evolving compliance expectations affecting quantitative trading
• Conduct ongoing analysis to help enhance the Firm’s global Quantitative Trading Compliance program
• Assist with regulatory examinations, inquiries, investigations, and other compliance-related projects
• Support the drafting and maintenance of compliance policies and procedures
• Prepare and deliver compliance training materials

What You Bring

• 3-5 years of relevant experience, ideally gained at a regulatory authority, bank, broker-dealer, or buy-side firm
• Experience addressing algorithmic or systematic trading matters, with an understanding of model-based trading and investment and execution algorithms preferred
• Bachelor’s degree in Computer Science, Finance, Economics, or a similar field preferred, with a strong academic record
• Understanding of global financial markets and market structure preferred
• General understanding of artificial intelligence, including current regulatory focus areas
• Strong analytical and conceptual problem-solving skills, with close attention to detail
• Strong sense of ownership and personal responsibility, with the ability to manage priorities, multitask, and meet deadlines
• Strong written and verbal communication skills, including the ability to develop presentation materials for senior management; proficiency in Microsoft PowerPoint and Excel

Salary RangeMillennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $70,000 to $160,000, 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.

Recruiter:Jeanette TagliareniHiring Manager:Christina Delgado-McCollumDepartment:Compliance