Regional Risk Controls Lead – External Trading

Socket.dev

New York (NY)

On-site

USD 160,000 - 250,000

Full time

7 days ago
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Job summary

Millennium is seeking a Risk Controls Manager in New York to lead regional oversight of external manager risk controls and serve as the SME for onboarding, pre-trade and post-trade risk management. You will collaborate with trading groups to establish limits, monitor adherence and drive remediation across regions.

You will design dashboards, review major trading events, and help enhance governance and controls standards across the firm. A senior candidate with global exposure is preferred.

Qualifications

  • 10–15 years of relevant experience in trading, risk or controls; experience supporting electronic trading is highly desirable.
  • Strong product knowledge across one or more asset classes, including equities, futures, options or commodities.
  • Demonstrated experience designing, implementing or overseeing trading limits, control frameworks and exception-management processes.
  • Strong project-management skills, with the ability to balance immediate remediation priorities with medium-term control enhancements.
  • Excellent written and verbal communication skills, with the ability to build consensus and influence senior stakeholders across functions and regions.
  • Sound judgment and the ability to operate effectively in a fast-paced environment while managing competing priorities and maintaining delivery focus.
  • Knowledge of third-party execution platforms and trading tools is preferred.
  • Proficiency with Excel, PowerPoint, SharePoint, Tableau, SQL, VBA, Jira and/or Python is desirable.

Responsibilities

  • Lead regional oversight of external manager risk controls, partnering with Execution teams and external trading groups to establish effective controls frameworks and address regional requirements.
  • Serve as the regional subject-matter expert for external trading controls, including onboarding, pre-trade and post-trade risk management.
  • Partner with external trading group control functions to establish trading limits, monitor adherence and manage exceptions.
  • Coordinate controls reviews, limit assessments and implementation requirements for onboarding external Portfolio Managers and third-party trading tools.
  • Promote clear, consistent application of the pre-trade and post-trade risk controls framework across regional external trading groups.
  • Develop and maintain controls dashboards that monitor performance, identify emerging risks and highlight remediation needs.
  • Review significant trading events, assess control implications and track delivery of agreed remediation plans.
  • Contribute to the continued enhancement of firm-wide standards, policies, procedures and governance for external trading activities.

Skills

External risk controls
Risk management
Project management
Stakeholder influence
Regulatory/compliance
Trading knowledge
Communication
Problem solving

Tools

Excel
PowerPoint
SharePoint
Tableau
SQL
VBA
Jira
Python

Job description

Millennium is seeking a Risk Controls Manager in New York to lead regional oversight of external manager risk controls and serve as the SME for onboarding, pre-trade and post-trade risk management. You will collaborate with trading groups to establish limits, monitor adherence and drive remediation across regions.

You will design dashboards, review major trading events, and help enhance governance and controls standards across the firm. A senior candidate with global exposure is preferred.

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