Treasury Specialist

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

Job summary

A leading financial firm seeks a Treasury Specialist to enhance its Treasury function. This individual will undertake cash management, liquidity analysis, and collaborate with global teams to optimize funding and risk models. Candidates should hold a quantitative degree and bring 5-10 years of prime brokerage experience.

Benefits

Comprehensive benefits package

Discretionary performance bonus

Qualifications

• 5-10 years of experience at a prime broker in a margin/risk role.
• Experience in developing margin/risk models, especially equity-related.

Responsibilities

• Communicate with portfolio managers on cash consumption and pricing models.
• Analyze liquidity impacts of trading strategies under varying conditions.
• Manage liquidity needs of the firm across various entities and markets.

Skills

Quantitative analysis

Liquidity management

Risk modeling

Programming skills

Education

An undergraduate or Master’s degree in a quantitative discipline

Job description

Treasury Specialist

The Treasury function at Millennium covers a number of areas including:

• Cash and collateral management

• Liquidity Mgt.

• Stress liquidity Mgt.

• FX hedging

• Transfer pricing

• Equity / FI Financing

• Counterparty Risk

• Document negotiations w/Brokers

We are looking for a candidate to join the Treasury function and drive our initiatives in the region in addition to supporting/leading various global efforts. The individual should be a self-starter who can operate independently as well as within the broader team.

Principal Responsibilities

• Communicate with business and portfolio managers in the region on topics including cash consumption and transfer pricing models.

• Analyze liquidity impact of specific trading strategies given various conditions.

• Work with middle office to evolve internal cost allocation model to support new products and initiatives

• Partner with businesses and operations globally to deliver new solutions which expand the platform our PMs are able to trade on.

• Work with the prime brokers to continually enhance margin models/agreements as our portfolios change/grow

• Design / implement internal margin models reflective of external arrangements

• Manage current liquidity needs of the firm within legal entities, accounts, markets, brokers, currencies etc.

• Support firm stress liquidity modeling efforts

• Work with the team to support optimization efforts around the globe.

Qualifications/Skills Required

• An undergraduate or Master’s degree in a quantitative discipline

• Experience in developing margin/risk models; experience on the equity side is required

• 5-10 years of experience at a prime broker in a margin/risk role and an understanding of prime brokerage

• Programming skills required

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. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. 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.