Vacancy expired!
DescriptionMilliman Financial Risk Management LLC (Milliman FRM)—an SEC registered investment advisor—is a global market leader in risk management and hedging support services. The Milliman FRM team is passionate about transforming the way the world manages portfolio risk and plans for retirement. Established in 1998, the Milliman FRM practice includes more than 100 professionals from around the world, operating from three trading platforms (Chicago, London, and Sydney). This global platform allows the firm to monitor and maintain hedge portfolios around the clock greater than US$600 billion in underlying account value.Responsibilities:
Identify, perform analysis, and resolve trade and settlement breaks.
Monitor the intraday and next day trade and cash reconciliation of client accounts.
Oversee high level account balances and margin requirements; execute transfers to meet margin requirements.
Work directly with counterparties, custodians, banks and other interested parties to ensure all actions on behalf of the client are resolved and reconciled in a timely manner
Interact directly with internal teams; traders/ portfolio managers, actuaries, legal/compliance, and technology and external relationships; clients, custodians, counterparties etc.….
Participate in the on-boarding process for new accounts.
Understand important risk, compliance, finance, and legal topics.
Create procedures and document process flows.
Additional responsibilities as group continues to expand in business and complexity.
Qualifications:
Basic to Intermediate familiarity with Futures, Options, ETF(s) and Equities, and OTC Products.
Basic to Intermediate knowledge of cash management including margin, collateral, FX etc.…
Proficient in Microsoft Office with excellent Excel skills a must
User familiarity with industry accepted systems and software such as; OMGEO CTM, AcadiaSoft, Tr-Optima/Tri-Resolve, Markitwire Markit, Bloomberg
VBA, SQL and/or scripting a STRONG plus
Demonstrated ability to independently analyze problems and implement solutions
Ability to multi-task and prioritize effectively in a high intensity environment
Analytical with excellent problem solving and skills; ability to seek information and interpret data from multiple sources in order to resolve problems or implement new processes
Excellent written and verbal communication skills
Bachelor’s degree in finance, economics, or another quantitative field
For more information please visit the website: www.milliman.com/frmQualificationsEducationPreferred
Bachelor of Science or better in Economics
Bachelor of Science or better in Finance
Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)