At a Glance
- Tasks: Support trade capture and streamline processes in a fast-paced environment.
- Company: Join Millennium, a leading global investment firm focused on innovation and collaboration.
- Benefits: Gain valuable experience, work with experts, and enjoy a dynamic workplace culture.
- Other info: Opportunities for growth and learning in a supportive team environment.
- Why this job: Make an impact in the finance world while developing your skills in equity derivatives.
- Qualifications: Experience with traded products and strong interpersonal skills are essential.
The predicted salary is between 59400 - 72600 £ per year.
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 Trade Support team supports the accurate and timely capture of trades across Millennium's global platform, working closely with internal stakeholders and external counterparties in a dynamic, follow-the-sun operating environment.
This Trade Support Specialist role will focus on volatility derivatives, so prior experience with these is highly advantageous.
What You'll Do
- Work with Portfolio Managers and other internal teams to automate and streamline existing processes to reduce operational risk and increase the speed and efficiency of the trade capture process.
- Broader T0 tasks: ensure that the Middle Office provides a timely and high standard of service to stakeholders, supporting the business with ever-changing initiatives and demands.
- Trade queue: monitor and clear trade exceptions generated by new executions in a timely manner.
- Middle Office inboxes: monitor and resolve queries from Portfolio Management teams and counterparties promptly.
- Electronic affirmation: work with both onshore and offshore teams and with counterparties to match and resolve economic breaks across a range of asset classes.
- Non-electronic affirmation: ensure that the risk on all trades or products that do not go through an electronic platform has been appropriately addressed and mitigated.
- T+1 support: provide support on T+1 to remediate any issues from the previous day in a timely manner, ensuring impacted parties are informed.
- Escalation: escalated to line management, Operational Risk, and the wider management team any failures in the process or potential issues that could create an erroneous P&L event for the firm.
What You Bring
- Previous experience with traded products, including equity derivatives and other complex volatility products.
- Comfortable working in a fast-paced environment, with the ability to prioritize multiple deliverables.
- Strong market understanding and familiarity with industry and regulatory change.
- Ability to balance autonomous work with effective collaboration as part of a team, while managing project delivery alongside business-as-usual requirements.
- Strong interpersonal skills, with the ability to engage daily with senior stakeholders across the firm.
- Familiarity with industry-standard systems, including Markit Wire, Markit Trade Manager, and Bloomberg.
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Equity Derivatives Trade Support Specialist | London, UK employer: Millennium Management LLC
Millennium is an exceptional employer, offering a dynamic work culture that fosters both independence and collaboration. Located in London, the firm provides its employees with ample opportunities for professional growth and development, particularly in the fast-paced world of equity derivatives. With a commitment to innovation and continuous learning, Millennium empowers its team members to make a meaningful impact while enjoying the benefits of a supportive global network.
StudySmarter Expert Advice🤫
We think this is how you could land Equity Derivatives Trade Support Specialist | London, UK
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
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Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Millennium Management LLC. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Millennium Management LLC.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Millennium Management LLC. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Equity Derivatives Trade Support Specialist | London, UK
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Millennium Management LLC and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Millennium Management LLC how you can be a team player!
How to prepare for a job interview at Millennium Management LLC
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Millennium Management LLC.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Millennium Management LLC's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
