At a Glance
- Tasks: Support regulatory reporting and ensure compliance with MiFID II requirements.
- Company: Global alternative investment firm focused on innovation and results.
- Benefits: Empowering work culture, professional development, and collaboration opportunities.
- Other info: Fast-paced environment with opportunities for growth and learning.
- Why this job: Join a dynamic team and make a real impact in regulatory compliance.
- Qualifications: Expertise in MiFID reporting and strong organisational skills required.
The predicted salary is between 60000 - 75000 £ per year.
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.
Meet the Team
The London-based Operations Control team supports key control functions across regulatory reporting, instrument reference data, KYC, execution broker onboarding, and market data. The team works closely with Compliance, Legal, Business Management, and Technology to help maintain a well-controlled operating environment across critical operational processes.
What You'll Do
- Support the firm’s regulatory reporting obligations, with a primary focus on MiFID II trade and transaction reporting.
- Partner with Legal and Compliance to interpret regulatory changes and assess their operational impact.
- Translate regulatory change and new business requirements into clear, actionable business requirements.
- Continuously assess regulatory reporting risks and strengthen controls where needed.
- Help document and implement processes and procedures to monitor compliance across transaction reporting regimes.
- Build and manage MI and reporting processes to track control failures, remediation, and resolution timelines.
- Assist in identifying and resolving failed, inadequate, or missing controls.
- Stay current on the regulatory reporting landscape to help ensure the Operations department remains compliant with applicable requirements.
What You Bring
- Subject matter expertise in MiFID trade and transaction reporting.
- Strong understanding of regulatory reporting obligations and their impact on Operations.
- Ability to prioritize effectively in a fast-moving, high-pressure, and constantly evolving environment.
- Good knowledge of financial instruments across equities, fixed income, and commodities.
- Strong organizational skills and a structured approach to problem-solving.
- Excellent communication and interpersonal skills, with the ability to work across a range of stakeholders.
- Working knowledge of SQL, Alteryx, and Tableau, along with advanced Microsoft Office skills, including Excel, PowerPoint, and Word.
- Understanding of other trade and transaction reporting regimes, such as CFTC, SEC, SFTR, and EMIR, is a plus.
Operations Control Specialist - MiFID Transaction Reporting employer: Millennium
Millennium is an exceptional employer that fosters a culture of innovation and collaboration, empowering its employees to take ownership of their ideas while providing robust support through a global network. Located in a dynamic environment, the firm offers unparalleled opportunities for professional growth and development, particularly for Java Developers in Algo Development Technology, where you can work on cutting-edge trading systems and enhance your expertise in a fast-paced setting. With a commitment to continuous learning and a focus on impactful results, Millennium stands out as a place where talented individuals can thrive and make a significant difference.
StudySmarter Expert Advice🤫
We think this is how you could land Operations Control Specialist - MiFID Transaction Reporting
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Millennium. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Operations Control Specialist - MiFID Transaction Reporting
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Millennium.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Millennium's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Millennium
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Millennium.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Millennium will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Millennium employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
