Business Manager - Fixed Income, Commodities and Core Technology (FICCT) in London

Business Manager - Fixed Income, Commodities and Core Technology (FICCT) in London

London Full-Time 63000 - 77000 £ / year (est.) No working from home possible
Millennium Management

At a Glance

  • Tasks: Manage financial operations, budgets, and forecasts for technology projects in a dynamic environment.
  • Company: Join a leading investment bank with a focus on innovation and technology.
  • Benefits: Competitive salary, professional development, and opportunities for career advancement.
  • Other info: Collaborative culture with a focus on process improvement and automation.
  • Why this job: Be a key player in optimising financial efficiency and driving impactful technology initiatives.
  • Qualifications: Experience in business management or technology finance, with strong analytical skills.

The predicted salary is between 63000 - 77000 £ per year.

We are seeking a Business Manager to increase structure, transparency, and commercial discipline to the financial management of our organization. This role will partner closely with senior Technology, Finance, and business stakeholders to manage the budgeting and forecasting cycle, improve cost visibility, and build scalable reporting and governance across a complex delivery environment.

The successful candidate will combine strong technology finance experience with the ability to translate financial data into actionable insight. They will be comfortable managing budgets across areas such as cloud spend, software licensing, contractor and permanent developer costs, project investment, and shared technology services, while helping the organization improve cost allocation, forecasting accuracy, and overall financial efficiency.

Key Responsibilities
  • Technology Financial Management — Own financial management across the FICCT organization, including budget creation, forecasting, month-end tracking, variance analysis, and executive reporting.
  • Cost Visibility & Allocation — Enhance cost allocation methodologies that link technology spend to business drivers, products, platforms, functions, or consuming business units.
  • Cloud & Software Cost Management — Provide oversight of major technology cost categories including cloud infrastructure, software licenses, vendor spend, developer tooling, and external resources; identify optimization opportunities and track benefits.
  • Forecasting & Planning — Build and maintain robust bottoms-up forecasts for headcount, project delivery, BAU costs, and investment spend; improve forecast accuracy over time.
  • Financial Analysis & Optimization — Analyze spend trends and cost drivers to produce actionable recommendations on efficiency, investment prioritization, and resource utilization.
  • Management Reporting — Create clear, concise reporting for senior stakeholders covering budgets, forecasts, actuals, headcount, project spend, unit costs, and key financial KPIs.
  • Business Partnering — Act as a trusted partner to Technology leadership, Finance, and business stakeholders; challenge assumptions constructively and support decision-making with credible analysis.
  • Governance & Controls — Establish and maintain lightweight but rigorous financial governance, including spend controls, investment tracking, business case support, and audit-ready documentation.
  • Process Improvement & Automation — Improve existing manual reporting and planning processes through automation, dashboarding, and better use of data and tooling.
Candidate ProfileEssential
  • Strong background in Business Management, Technology Finance, COO, FP&A, or similar roles supporting Technology organizations, ideally within an investment bank, hedge fund, asset manager, or similarly complex environment.
  • Deep experience managing technology budgets and forecasts, including cloud costs, software spend, headcount, contractor costs, and project investment.
  • Proven ability to design and implement cost allocation models tied to business drivers, consumption metrics, or product/platform usage.
  • Strong understanding of forecasting, variance analysis, unit economics, and cost optimization within a Technology organization.
  • Experience producing high-quality management information and presenting insights credibly to senior stakeholders.
  • Strong stakeholder management skills, with the ability to work across Technology, Finance, Operations, and the business.
  • Strong analytical skills and experience working with large, complex datasets from multiple source systems.
Desirable
  • Familiarity with cloud financial management / FinOps principles and tooling.
  • Experience with dashboarding and reporting tools.
  • Exposure to process automation using Python, SQL, AI tools, or low-code platforms.
  • Experience in environments with significant regulatory, governance, or audit requirements.
  • Knowledge of Fixed Income, Commodities, or broader Markets technology environments.

Business Manager - Fixed Income, Commodities and Core Technology (FICCT) in London employer: Millennium Management

As a KDB Developer - Equities, you will join a dynamic front office team that thrives on innovation and collaboration, working in a fast-paced environment that values your contributions. Our company offers a supportive work culture with ample opportunities for professional growth, mentorship from experienced developers, and the chance to work on cutting-edge technology platforms that are pivotal to our trading operations. Located in a vibrant financial hub, we provide a unique opportunity to engage directly with investment professionals while enjoying a competitive benefits package and a commitment to work-life balance.

Millennium Management

Contact Details:

Millennium Management Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Manager - Fixed Income, Commodities and Core Technology (FICCT) in London

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We think you need these skills to ace Business Manager - Fixed Income, Commodities and Core Technology (FICCT) in London

Technology Financial Management
Budget Creation
Forecasting
Variance Analysis
Executive Reporting
Cost Allocation Methodologies
Cloud Cost Management

Some tips for your application 🫡

Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.

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Tailor Your Documents for Us:When applying for a full-time role at Millennium Management, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!

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Portfolio of Projects

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