Trade Specialist

2 days ago


Bengaluru, Karnataka, India Millennium Management Full time
Job Description:

Milennium Management is a leading global investment management firm that manages approximately $65 billion in assets. Our team is seeking a highly motivated and detail-oriented Trade Specialist to join our Equity Operations department.

About the Role:
This role will offer exposure to various markets and the opportunity to work closely with portfolio managers and Prime Brokers. The successful candidate will have the initiative to seek out opportunities to work on strategic projects, focusing on process improvement and efficiency.

Key Responsibilities:
  • Build and maintain relationships with firm counterparties.
  • Reconciliation of trading affirmation/confirmation platforms for T0 matching to ensure all breaks are cleared and accounted for on a daily basis.
  • Research/Resolve breaks for equity/equity derivative products and escalate to resolve on a daily basis with Millennium trading desk and portfolio managers.
  • Work closely with Global Middle Office and Operations.
  • Provide a daily report EOD for all outstanding items.
  • Onboarding of new brokers onto the T0 matching platforms.

Requirements:
  • Strong product knowledge of Equities and Equity Derivatives.
  • Undergraduate degree in a business-related discipline (finance, economics, accounting, etc.).
  • Excellent communication and interpersonal skills; ability to communicate with PM's and brokers.
  • Ability to work independently.
  • Proficiency with Excel.
  • Well-organized, detail-oriented; able to multi-task and keep track of various deadlines.
  • Strong analytical and problem-solving skills.
  • Working knowledge and experience with CTM.

Salary:
The estimated annual salary for this role is around $80,000 - $100,000 depending on experience.

About Millennium Management:
We are a global investment management firm with over 2,300 employees across the United States, Europe, and Asia. We are committed to delivering high-quality returns to our investors and maintaining a strong culture of integrity, discipline, and excellence.

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