Treasury Margin Specialist - NAM Shift

Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $83.5 billion in assets. Defined by evolution, innovation and focus, Millenniums mission is to deliver high-quality returns for our investors. Millennium seeks to empower talented professionals with the sophisticated expertise, resources and technology to pursue a diverse range of investment strategies across industry sectors, asset classes and geographies.

Job Overview

We are seeking a highly skilled and experienced professional to join our team as a PB Futures and Cleared Products Margin Process Specialist. The ideal candidate will have 6-8 years of experience in managing cleared products and a strong understanding of margin processes. Expertise in, margin calculations, and a deep knowledge of PB, Futures is essential. The candidate will play a critical role in ensuring accurate and efficient margin processing, reconciliation, and collaboration with stakeholders.

Key Responsibilities

• Manage day-to-day operations for the PB, Futures and cleared products margin process.
• Accurately calculating and process margin calls across multiple counterparties.
• Handle margin settlements, reconciliations, and ensure timely resolution of breaks.
• Investigate and resolve discrepancies in margin calculations and settlements in collaboration with counterparties.
• Act as a primary point of contact for onshore teams, brokers, and clearinghouses to ensure smooth communication and resolution of margin-related issues.
• Adhere to regulatory and compliance standards in margin processing and reporting.
• Proactively manage and mitigate risks by ensuring robust controls are in place.
• Provide guidance and training to junior team members on processes, tools, and best practices.
• Assist in cross-training and knowledge-sharing initiatives to build depth and redundancy in the team.
  
  

• Knowledge of ISDA documentation and related collateral agreements.
• Experience with automation tools like Tableau or Alteryx for process efficiency.
• Familiarity with treasury operations and cleared product workflows.
  
  

• 6-8 years of experience in PB , Futures & cleared products and margin processes.
• Strong expertise in margin calculations and reconciliation processes.
• Excellent understanding of margining concepts across products such as PB Futures, Cleared Derivatives, and Repo.
• Understanding of swift payment instructions and mechanics.
• Understanding of ISDA/REPO CSA agreements.
• Familiarity with managing broker relationships and margin settlements.
• Strong analytical and problem-solving skills with attention to detail.
• Proficient in Microsoft Excel (advanced functions, macros, and data handling).
• Effective communication skills to liaise with global teams and stakeholders.
• Ability to work independently and manage multiple tasks efficiently.
• Candidate should be willing to do night shifts.