Portfolio Pricing and Valuation Lead
Millennium Management · Singapore · 22d ago
About Millennium
Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.
Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.
Meet the Team
The Macro team supports Millennium’s Asia Pacific Rates, Credit, and FX businesses. The regional valuations group operates in a dynamic, fast-paced environment and partners closely with Risk, Fixed Income Technology, Business Management, traders, portfolio managers, and global teams to support pricing, valuation, and strategic initiatives.
What You'll Do
- Monitor real-time and end-of-day pricing for fixed-income instruments across the Asia Pacific region.
- Strengthen valuation methodologies for linear and nonlinear derivatives and cash products across Rates, Credit, FX, and Emerging Markets, in partnership with Risk and Fixed Income Technology.
- Provide technical leadership for trade-date and T+1 P&L explanation, ensuring the integrity and accuracy of daily marks, P&L, and risk across the Asia book.
- Investigate, resolve, and escalate complex pricing and P&L challenges as a senior technical resource.
- Support new-product assessment and onboarding by confirming pricing model coverage, valuation methodology, and downstream P&L and risk readiness before trading.
- Provide senior technical input on complex pricing and valuation matters, including curve construction, total return swap pricing, and intraday pricing accuracy.
- Lead the regional Fixed Income Valuations book of work and strategic initiatives, including IBOR-RFR transition, technology upgrades, and methodology changes.
- Help manage, mentor, and develop regional valuation team members, strengthening product knowledge and modeling capabilities.
What You Bring
- Bachelor’s degree in Finance, Economics, Computer Science, Engineering, or a related field; a master’s degree in Financial Engineering or an equivalent discipline is preferred.
- Extensive experience in desk strategy, risk quantitative analysis, model validation, or fixed-income pricing and valuation, including experience mentoring or helping lead a team.
- Demonstrated knowledge of pricing models for Rates, Credit, and FX products, with the ability to lead technical discussions.
- Proven ability to own a book of work, drive strategic initiatives, and coordinate delivery across multiple teams.
- Strong analytical, troubleshooting, organizational, and project-management skills, with close attention to detail.
- Ability to prioritize effectively in a fast-moving, high-pressure, and evolving environment, with a strong sense of urgency.
- Self-starter mindset, collaborative approach, and strong communication skills, with the ability to partner effectively with traders, portfolio managers, and global stakeholders.
- Familiarity with vendor and internal pricing platforms, such as Murex and internal pricing libraries, and exposure to industry transitions such as IBOR-RFR is a plus.