Operations Specialist

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 Operations team is responsible for overseeing global portfolio valuations and trade processing, driving infrastructure strategy and platform delivery to all portfolio managers across the firm. The Operations Specialist is responsible for daily clearing, settlement, financing and reconciliation activities across products and accounts, ensuring accurate trade capture, timely issue resolution, and strong operational controls in a dynamic trading environment.

What You'll Do

• Provide day-to-day operational support, including same-day trade matching, allocation checks, and timely resolution of PM, broker, and counterparty queries.
• Perform daily trade, cash, position, and market value reconciliations across products and accounts; investigate and resolve breaks on a T+0 / T+1 basis.
• Monitor intraday trading activity to ensure accurate and timely trade capture, working closely with PMs, supporting teams, and Technology.
• Manage settlement, financing, and collateral-related processes, including handling queries on high-value or time-sensitive transactions.
• Interact with prime brokers, custodians, and other external parties to oversee confirmations, settlements, and exception management.
• Maintain a strong control environment by executing and reviewing operational controls and ensuring timely escalation and resolution of exceptions.
• Drive continuous improvement by identifying opportunities to streamline workflows and enhance automation and control.

What You Bring

• 3+ years of relevant experience in equity and/or multi-asset operations, middle office, or trade support roles.
• Strong understanding of the trade lifecycle, settlement processes, reconciliations, and operational controls.
• Advanced Excel skills and ability to work with large datasets to reconcile, analyze, and improve processes. Python skills to support process automation are advantageous.
• Demonstrated ability to manage operational risk through robust controls, timely resolution of breaks, and effective escalation.
• Strong, professional communication skills with the confidence to interact directly with trading desks, PMs, and external counterparties.
• Proven ability to thrive in a dynamic, fast-moving, team-based environment, while maintaining high attention to detail and ownership of deliverables.

Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is USD 160,000 to USD 250,000, which is specific to New York and may change in the future. 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.