Operations and Middle Office Summer Internship Opportunity
4 weeks ago
The Operations and Middle Office team at Millennium Management, LLC is responsible for managing the trade lifecycle of the firm's trades and positions, across multiple products and asset classes. This includes management of corporate actions events, asset servicing, margin/collateral and funding needs for our daily trading, as well as daily trade, position & cash reconciliations with external counterparties to ensure the accuracy of the firm's books and records.
The Operations Intern will be expected to learn and perform these daily functions that the Core Operations team is responsible for, as well as running projects. The successful candidate will have a strong understanding of trade management and books and records systems and processes across multiple asset classes.
Key Responsibilities
- Obtain an understanding of the firm's trade management and books and records systems and processes across multiple asset classes
- Perform daily T+1 trade, position & cash reconciliations, working with prime brokers and external counterparties to resolve exceptions and discrepancies
- Assist with timely and accurate daily processing of corporate actions events and asset servicing across asset classes
- Work closely with the treasury department in ensuring timely settlement and management of margin and funding needs
- Participate and drive ongoing & new projects and initiatives; analyze existing processes, design and implement solutions to enhance operational efficiency & controls
Requirements
- Degree or Postgraduate holder in any related field with a Cumulative GPA of 3.3 and above
- Detail-oriented; demonstrable thoroughness and strong ownership of work
- Analytical and strategic thinker with strong desire to learn; diligent and strives to drive continuous improvement
- Effective verbal and written communication skills
- Strong interpersonal skills; ability to work collaboratively with wider teams and departments
- Good team player with a strong willingness to participate and help others
- Quick learner; has the ability to grasp new concepts around products and processes quickly
- Ability to multitask, prioritize in a fast moving, high pressure, constantly changing environment
- Proficient in Microsoft Office Suite: Excel, Word, PowerPoint
- Knowledge of excel VBA or related programming languages (SQL, PYTHON, Java, etc) a strong plus
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