The successful candidate will design and implement clearing optimisation frameworks, build relationships with clearing providers, and communicate with business and portfolio managers on clearing, execution, and delivery requirements.

Key responsibilities include preparing for mandatory repo clearing, developing a transfer pricing model for clearing costs, and partnering with businesses and operations globally to deliver new solutions.

The ideal candidate will have 8+ years of experience in clearing products or business roles, with a strong understanding of futures, cleared swaps, and FX.

The estimated base salary range for this position is $160,000 to $250,000, with a comprehensive benefits package included.

We take into consideration an individual's experience level and qualifications when formulating a competitive total compensation package.

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This individual will lead product development and execution across various systems, workflows, analytics that support margin analytics, cash consumption, liquidity risk, etc. The Cross Asset Quant & Technology Modeling team designs, builds, and maintains the applications and models that support portfolio managers, risk managers, and treasury professionals across the company.

The ideal candidate will bring a strong product mindset, solid technical fluency, and experience working across quantitative workflows, data platforms, and front-to-back capital markets infrastructure.

Responsibilities:

• Partner closely with Treasury, Risk, Quants, Operations, and Engineering to define and deliver products that support cash and collateral management, liquidity forecasting, funding optimization, and margin analytics.
• Own the product roadmap for Treasury-related applications, data products, and workflows, ensuring priorities are aligned with business goals and delivered effectively.
• Translate business needs into clear product requirements, functional designs, and technical specifications
• Work with engineering and quantitative teams to build and enhance tools that improve visibility into liquidity, collateral usage, margin requirements, funding exposures, and treasury risk.
• Serve as a key point of contact for senior stakeholders with Treasury providing clear updates and helping drive alignment and decision-making.
• Coordinate cross-functional teams across product, engineering, quantitative modeling, and business functions to keep delivery on track, remove blockers, and resolve issues quickly.
• Gather and document business requirements, perform gap analysis, and ensure solutions meet business objectives and fit into the broader Treasury and risk platform ecosystem.
• Identify project and product risks early, develop mitigation plans, and escalate issues as needed to support successful delivery.
• Track progress against timelines, objectives, and quality standards, and use feedback, metrics, and outcomes to improve product delivery over time.

Qualifications:

• 12+ years of experience in technical product management, quant management, or a similar role, with a strong track record of delivering complex technology solutions in financial services.
• Strong understanding of capital markets and Treasury-related functions, including cash and collateral management, prime brokerage (PB), margining, repo, securities lending, liquidity, and funding.
• Demonstrated ability to manage complex, cross-functional initiatives with multiple stakeholders and tight timelines.
• Strong business analysis skills, including requirements gathering, gap analysis, process mapping, and translating business needs into practical technical solutions.
• Strong leadership, communication, and interpersonal skills, with the ability to work effectively across both business and technical teams
• Strong analytical and problem-solving abilities, with comfort working with data, metrics, and financial concepts to support prioritization and decision-making.
• Exceptional organizational skills and attention to detail, with the ability to manage multiple priorities and keep workstreams moving in a fast-paced environment.

The estimated base salary range for this position is $175,000 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.

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