Bachelor's degree in finance, economics, accounting, or a related quantitative field.
5-8 years of experience in financial services, focusing on operations, regulatory reporting, or fund accounting.
Strong knowledge of U.S. regulatory reporting frameworks, including SEC Form PF and CFTC reporting.
Solid understanding of fund operations and accounting concepts like NAV/AUM and PnL.
Experience in sell-side or buy-side environments, with knowledge of prime brokerage operations.
Proficiency in SQL and familiarity with Python for data analysis.
Excellent communication skills for conveying complex regulatory information to diverse audiences.
Strong attention to detail and organizational skills, capable of managing multiple deadlines.
Responsibilities
Lead the preparation and filing of various regulatory reports across a multi-fund structure.
Collaborate with Legal, Compliance, Finance, and Risk to enhance reporting for regulatory filings.
Monitor regulatory filing transmissions and data quality, addressing exceptions promptly.
Identify automation opportunities to improve reporting processes and accuracy.
Stay updated on evolving regulations and assess their impact on reporting obligations.
Coordinate regulatory reporting for new fund launches and entity restructures.
Develop reporting tools and dashboards to ensure filing accuracy and operational transparency.
Benefits
Comprehensive benefits package including health, dental, and vision insurance.
Discretionary performance bonus based on individual and company performance.
Opportunities for professional development and career advancement.
Supportive work environment that encourages collaboration and innovation.
Full Job Description
Operations Control Specialist - Regulatory Reporting & Analytics
What You'll Do
Lead the preparation and filing of SEC/CFTC (e.g., Form PF), other U.S. (e.g., Treasury LPR, OFR NCCBR, CFTC LTR/OCR, CME PCS), and international (e.g., AIFMD Annex IV) regulatory reports across a complex multi-fund, multi-entity structure
Partner with Legal, Compliance, Finance, and Risk to design, develop, maintain, and enhance the reporting that supports regulatory filings
Maintain and enhance daily monitoring of regulatory filing transmissions, vendor outputs, and data quality, escalating exceptions and driving timely resolution
Identify opportunities to automate manual workflows, document procedures, and improve the accuracy and efficiency of recurring reporting processes
Monitor new and evolving regulations, assess their impact on reporting obligations, and support industry advocacy efforts (e.g., MFA committee participation, comment letters)
Coordinate regulatory reporting setup for new fund launches and entity restructures, ensuring all filing requirements are met from inception
Develop and maintain reporting tools and dashboards that support filing accuracy, audit readiness, and operational transparency
What You Bring
Bachelor's degree in finance, economics, accounting, or a related quantitative field from an accredited university
5-8 years of experience in financial services within operations, regulatory reporting, or fund accounting, preferably at a hedge fund, prime brokerage, or fund administrator
Strong knowledge of U.S. regulatory reporting frameworks, including SEC Form PF, CFTC reporting, and related hedge fund compliance filings
Solid understanding of fund operations (trades and positions across cash and derivative products) and accounting concepts such as NAV/AUM, GAV, and PnL
Sell-side or buy-side experience, with working knowledge of prime brokerage operations, financing, and exposure to margin and collateral management
Data analysis skills, including proficiency in SQL and familiarity with Python
Excellent written and verbal communication skills, with the ability to explain complex regulatory data and filing methodologies to technical and non-technical audiences
Strong attention to detail and organizational skills, with the ability to manage multiple concurrent filing deadlines; a self-starter who prioritizes effectively in a fast-paced, evolving environment
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 $70,000 to $160,000, 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.
