Operations Specialist
Millennium Management
- Location
- Hong Kong, Hong Kong
- Work model
- On-Site
- Level
- Senior
- Posted
- 1d ago
Skills
About this role
Operations Specialist About Millennium 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. Discover how transformative growth accelerates impact. Meet the Team The role involves managing trade lifecycle of daily trading activities of all portfolio managers trading Equity and Fixed Income products across APAC region, as well as leading projects and initiatives and providing control framework and supervision within the Asia Core Operations team. Candidate will be required to review and analyze on ongoing basis the workflows and procedures across all product types, to ensure effectiveness and efficiency of the organization, as well as controls. Candidate should be able to work in a fast-paced environment and one that is continually changing. The successful candidate will be a self-starter with strong analytical and organizational skills.
What You'll Do
Manage Corporate Actions / Asset Servicing and Equities Syndicate deal processing procedures, ensuring accurate processing of all mandatory and voluntary corporate action events, as well as inventory controls and tax processing Review and validate corporate action event data received from vendors and prime brokers, while monitoring service quality and engaging with providers to drive improvements in the timeliness and accuracy of asset servicing notifications and processing Perform daily T+1 trade, position & cash reconciliations across multi-asset classes across all APAC markets, working with prime brokers and external counterparties to resolve exceptions and discrepancies Analyze processes to enhance operational efficiency & controls, and participate in ad-hoc projects; work with internal stakeholders including global Ops/IT and wider Core Infrastructure teams to implement new systems and workflow, with particular focus around Corporate Action processes Products coverage: Equities, Bonds, Convertible Bonds, Equity Swaps as primary. May also be expected to cover Futures, Options, FX, Commodities and other OTC Derivatives Establish good working relationship with Portfolio Managers and wider Operations & Middle Office organization. Be the primary point of contact for Asia-based Portfolio Managers on operational queries as well as broader issues which may require escalation to Management Run ongoing analytics to identify trends and gaps, devise formal governance over recurring issues and provide necessary analysis and evaluation for Ops Management Liaise with brokers, external counterparties and vendors on ongoing basis to resolve issues and improve procedures What You Bring Bachelor’s Degree with minimum of 6-8 years of relevant experience. Strong knowledge in APAC markets a must, particularly in Equities and Convertible Bonds Relevant experience in Corporate Actions / Asset Servicing preferred Detail-oriented; demonstrable thoroughness and strong ownership of work Ability to drive and lead process change; able to prioritize in a fast moving, high pressure, constantly changing environment Quick learner, highly analytical and strategic thinker; understands financial products and has the ability to grasp new concepts around products and processes quickly Strong interpersonal skills; ability to work collaboratively with wider teams internally as well as with external counterparties and providers Knowledge in SQL, Macros/VBA or AI tools to perform analytics and build tactical solutions preferred