Cross-Asset Pricing & Valuations Technical Business Analyst

Millennium Management, LLC

$100K — $175K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, Engineering, Computer Science, or a related field with strong quantitative skills.
  • 3-7 years of experience in valuations, pricing, risk, model validation, or quantitative analytics within fixed income and credit markets.
  • Strong understanding of fixed income, credit, and FX products, including swaps, options, futures, and structured credit.
  • Experience with large time-series datasets and market data; familiarity with pricing models and curve construction.
  • Solid Python skills for data analysis and process automation; SQL knowledge is a plus.
  • Detail-oriented with strong analytical skills and a high sense of urgency in resolving issues.
  • Excellent communication skills for interaction with various stakeholders.

Responsibilities

  • Manage real-time and end-of-day pricing for a variety of fixed income products.
  • Refine prices using market data and model-based approaches.
  • Produce Trade Date and T+1 P&L explanations for portfolios and strategies.
  • Act as a primary contact for portfolio managers regarding pricing and valuation issues.
  • Identify gaps and implement process improvements to reduce operational risk.
  • Maintain strong valuation controls and audit trails per firm policies.
  • Contribute to strategic projects related to pricing and P&L attribution.

Benefits

  • Comprehensive benefits package that includes health insurance and retirement plans.
  • Discretionary performance bonus based on individual and team contributions.
  • Opportunities for professional growth and development within a dynamic team environment.
Full Job Description
Cross-Asset Pricing & Valuations Technical Business Analyst

Meet the Team
The Portfolio Pricing and Valuations team is part of Operations & Middle Office. The expanding team is focused on designing, implementing and operating the next-generation firm-wide pricing, risk and PnL platform for derivative products across rates, credit, FX and mortgages.

What You'll Do
• Partner with technology, quantitative and market data teams to gather, analyze and document business requirements in Confluence and technical requirements in JIRA.
• Conduct project-level integration analysis to support the successful delivery of individual initiatives.
• Develop and lead project plans, timelines and milestones, tracking progress and accountability against key deliverables.
• Facilitate collaboration across quantitative, technology and trading teams to drive effective project execution.
• Provide stakeholders with clear, consistent updates on project progress, risks and outcomes.
• Establish and enforce project governance, including creating and leading cross-functional working groups as needed.
• Manage the inventory and prioritization of initiatives and system and workflow enhancements.

What You Bring
• Advanced degree or equivalent qualification in a quantitative discipline such as Engineering, Mathematics or Physics, with at least four years of relevant professional experience.
• Advanced knowledge of fixed income, credit, FX or equity derivatives products and associated risks.
• Excellent written and verbal communication skills, with the ability to engage development teams and users at a detailed level and provide executive-level updates to senior stakeholders.
• Detail-oriented approach, thorough execution and strong ownership of work, combined with an appropriate sense of urgency.
• Collaborative mindset and a strong willingness to contribute and support others.
• Strong coding skills in Python or a similar programming language.

Salary Range
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 $100,000 to $175,000, 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.

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