The Treasury function at Millennium covers several areas including:

• Cash and collateral management
• Equity / FI Financing
• Liquidity Management
• Margin/Collateral Optimization
• Equity Financing Optimization
• Counterparty Risk

The Treasury Product Development team is responsible for driving end-to-end delivery of Treasury initiatives, maintaining strategic alignment with business objectives.

We are looking for a candidate to join the Treasury Product Development team and help drive global, cross-functional initiatives. The individual should be a self-starter who can operate independently as well as within the broader team.

Principal Responsibilities

Product Knowledge & Expertise:

• Develop deep subject matter expertise in Treasury functions, operations, products, data requirements, and controls
• Master Treasury processes, workflows and IT solutions across cash and collateral management, equity/FI financing, liquidity management, margin/collateral optimization, and counterparty risk

Project Leadership & Coordination:

• Centrally coordinate Treasury-driven projects, streamlining communication across Technology, Operations and other impacted areas
• Own Treasury project scope definition, prioritization, IT alignment and goal setting to achieve strategic objectives
• Drive end-to-end delivery of Treasury initiatives from concept to roll-out
• Serve as single point of accountability for Treasury-led initiatives

Requirements & Documentation:

• Produce comprehensive requirements analysis and documentation tailored to Treasury needs
• Interface with global stakeholders to define business requirements and create detailed use case documentation, including test design and case definition in support of product rollout
• Develop standardized templates for requirements documentation, use case analysis, and testing design

Cross-Functional Collaboration:

• Lead multiple, simultaneous large-scale efforts across separate IT streams, ensuring synergies and collaboration
• Work closely alongside IT teams during project execution to ensure technical alignment
• Maintain the "Product Development-Dev Partnership" model with IT developers
• Interface with and influence stakeholders across the organization at multiple levels of seniority

Data Governance & Architecture:

• Own data governance and implementation of strategic architecture to align delivery with business objectives
• Minimize operational risks through comprehensive understanding of data flows and controls

Qualifications/Skills Required

Education & Experience:

• Undergraduate or graduate degree in a relevant discipline
• 10+ years of relevant experience in business analysis and hands-on management of cross-functional technology initiatives
• Proven track record of success delivering complex applications and products within financial services

Technical & Domain Expertise:

• Deep understanding of financial products and trading flows from execution through settlement (Equity, FI, Futures, OTC, FX, etc.)
• Experience in margin/collateral workflows, portfolio financing & liquidity management
• Comfort with in-depth analysis of large volumes of data to extract and present information
• Comfort with AI tooling and conversant with prompting, adoption strategies

Leadership & Communication:

• Proven ability to guide development and operational support teams across applications for large scale change initiatives
• Ability to communicate detailed requirements to developers and executive updates to senior stakeholders
• Strong written and verbal communication skills
• Proven ability to thrive in a dynamic, fast-paced environment with an independent work ethic

Optional Experience

• Programming skills and familiarity with SQL, Python, Claude Code
• Experience running rapid application development teams
• Previous experience in hedge fund Treasury

The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individuals experience level and the qualifications they bring to the role to formulate a competitive total compensation package.