Equity Derivatives Trade Support Specialist

Overview

In this role you will support the accurate capture of trades on Millennium’s global platform, focusing on volatility derivatives. You will work with Portfolio Managers and cross-functional teams to automate processes, reduce operational risk, and speed trade capture. You’ll monitor trade queues, resolve inquiries, and coordinate electronic and non-electronic affirmations, with T+1 remediation as needed. You will escalate issues to management to prevent erroneous P&L events, contributing to a disciplined risk framework. This role sits in the Trade Support team within Operations & Middle Office, offering exposure to a dynamic, follow-the-sun environment.

Responsibilities

• Automate and streamline trade capture processes with PMs and internal teams to reduce risk and increase speed
• Provide T0 support ensuring high service levels to stakeholders and adapt to changing initiatives
• Monitor and clear trade exceptions from new executions promptly
• Resolve queries from Portfolio Management and counterparties via Middle Office inboxes
• Coordinate electronic affirmation across onshore/offshore teams and counterparties to match and resolve breaks
• Address non-electronic affirmations to mitigate risk on non-electronic trades
• Provide T+1 support to remediate issues from the previous day and inform impacted parties
• Escalate failures or potential P&L risk to line management and risk teams

Key requirements

• Experience with traded products, including equity derivatives and volatile products
• Ability to work in a fast-paced environment and prioritize multiple deliverables
• Strong market understanding and familiarity with regulatory changes
• Strong collaboration skills and ability to work with senior stakeholders
• Interpersonal skills for daily engagement with senior stakeholders
• Familiarity with MarkitWire, Markit Trade Manager, and Bloomberg

• Strong interpersonal skills
• Cross-functional collaboration
• Prioritization and multitasking
• MarkitWire
• Markit Trade Manager
• Bloomberg

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