Operations and Middle Office Summer Intern (Singapore)

Who We Are

Millennium Management is a global investment management firm founded in 1989 that manages more than $67 billion in assets as of August 1, 2023. Millennium has more than 5,600 employees with offices in the United States, Europe and Asia.

Over the last 30+ years, our mission has remained constant: to deliver the alternative investment industry's highest quality returns to our investors, and to maintain a commitment to our principles of integrity, discipline and excellence.

About

The Core Operations team is responsible for managing the trade lifecycle of firm's trades and positions, across multiple products and asset classes including: Futures, Options, FX, Bonds, IRS, Cash Equities, Equity Swaps, Convertible Bonds and other OTC Derivatives. This includes management of corporates actions events, asset servicing, margin/collateral and funding needs for our daily trading, as well as daily trade, position & cash reconciliations with external counterparties to ensure the accuracy of firm's books and records. The team is also responsible for working closely with Technology, Middle Office and various departments across the firm for timely resolution of daily issues as well as leading ongoing initiatives to enhance the firm's processes.

The Operations Intern will be expected to learn and perform these daily functions that Core Operations team is responsible for, as well as running projects.

Job Responsibilities

• Obtain an understanding of firm's trade management and books and records systems and processes across multiple asset classes
• Perform daily T+1 trade, position & cash reconciliations, working with prime brokers and external counterparties to resolve exceptions and discrepancies
• Assist with timely and accurate daily processing of corporate actions events and asset servicing across asset classes
• Work closely with treasury department in ensuring timely settlement and management of margin and funding needs
• Participate and drive ongoing & new projects and initiatives; analyze existing processes, design and implement solutions to enhance operational efficiency & controls

Qualifications, Skills and Requirements

• Degree or Postgraduate holder in any related field with a Cumulative GPA of 3.3 and above
• Detail-oriented; demonstrable thoroughness and strong ownership of work
• Analytical and strategic thinker with strong desire to learn; diligent and strives to drive continuous improvement
• Effective verbal and written communication skills
• Strong interpersonal skills; ability to work collaboratively with wider teams and departments
• Good team player with a strong willingness to participate and help others
• Quick learner; has the ability to grasp new concepts around products and processes quickly
• Ability to multitask, prioritize in a fast moving, high pressure, constantly changing environment
• Proficient in Microsoft Office Suite: Excel, Word, PowerPoint
• Knowledge of excel VBA or related programming languages (SQL, PYTHON, Java, etc) a strong plus
• Students graduating summer 2026 and before are welcome to apply
• Must be to commit to full-time 10-week internship from 19 May 2025

*IMPORTANT NOTE: Please include your expected graduation date/month and earliest commitment date in your CV during applications. Failure to do so will result in longer processing time.