Treasury Product Delivery Specialist
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 individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.
