Treasury - Clearing
Department Overview
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
- Design / implement clearing optimization frameworks across Futures, OTC Cleared Swaps, & FXPB
- Build out clearing relationships with new & existing providers
- Communicate with business and portfolio managers on topics including clearing, execution, & delivery requirements
- Work with Operations & FI Business to prepare for mandatory repo clearing
- Develop / manage transfer pricing model for clearing costs from street through to business and to portfolio managers
- Partner with businesses and operations globally to deliver new solutions which expand the platform our portfolio managers are able to trade on.
- Work with the team to support portfolio optimization efforts around the globe.
- Work with the team to support implementation of an optimizer for posting CTD collateral against margin requirements
Qualifications/Skills Required
- An undergraduate or Master’s degree in a quantitative discipline
- 8+ years of experience in Clearing (Futures/Cleared Swaps) product or business role is required
The estimated base salary range for this position is $160,000 to $250,000, 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.