Trading Analyst

Milliman•Chicago, IL

7d•Onsite

About The Position

The Chicago office of Milliman Inc. is looking for bright, enthusiastic and qualified candidates to work in their Financial Risk Management (FRM) practice. Milliman’s rigorous, distinctly innovative approach to risk management is built on a foundation of actuarial expertise and shaped by some of the most advanced thinking in the industry. Whether you're looking to improve capital efficiency, comply with regulatory requirements, or guard against market volatility, Milliman offers a complete range of operational, strategic, and financial risk management solutions and tools. We have a focused, multi-disciplinary team of actuaries, financial engineers/capital markets professionals and software developers working together to develop risk management solutions for the financial services industry. We currently advise some of the world's largest insurance companies in areas such as hedging strategy and operations, portfolio risk management, and capital requirements. We hire the best in the business—and then trust them to do their work their way. It's about personal responsibility, creativity, flexibility. We believe great work happens in great work environments. Our culture is highly collaborative with value placed on high quality work and innovation. Milliman FRM LLC is seeking a Trading Analyst to join its Capital Markets Group as a member of the trading team in Chicago. The new team member will play a critical role in growing the organization’s capabilities to trade a wide range of cash securities and derivatives, including fixed income, equities, FX, ETFs, and related exchange traded futures and options, and OTC derivatives. The trading team executes securities and derivatives transactions in domestic and international markets, to achieve best execution and meet client portfolio management objectives.

Requirements

A Bachelor’s degree in a quantitative field such as Computer Science, Economics, Engineering, Mathematics, Actuarial Science, or Physics
Proficiency in Excel and other similar desktop programs and tools
Programming skills in languages such as C#, Python or other
Prior experience in a Trading Analyst role would be preferred
Ability to multitask and thrive in a fast-paced environment
Maturity, good judgment, and a professional demeanor

Nice To Haves

Experience with electronic trading tools and portals such as Bloomberg etc.
Knowledge of financial derivatives and structured products
Ability to understand the broader investment objectives behind trade orders and to consult proactively with portfolio managers and investment analysts
Strong communication skills and the ability to clearly and quickly communicate ideas and recommendations verbally and in writing
Ability to multitask and thrive in a fast-paced environment
Maturity, good judgment, and a professional demeanor

Responsibilities

The Trading Analyst will be responsible for supporting the Trading team with daily trading related tasks such as trade data entry into various systems, checking blotters and reports to ensure data accuracy, and in general assisting Traders in performing their ongoing duties.
Primary task is to update and maintain systems of record and models with trade information
Assist Traders in performing pre-trade order data and information checking
Identify and reconcile any data discrepancies and follow them through to resolution
Perform end of day reconciliation between systems of record and trader sheets
Ongoing process improvement for data entry and checking
Ability to understand and interpret various types of trades transacted by the trading team
Help ensure timely deal entry and resolution of issues to meet all reporting requirements.
Maintain up-to-date process and procedures manuals
Act as point of contact for data related issues or questions from Operations, Compliance etc.

Benefits

Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
401(k) Plan – Includes a company matching program and profit-sharing contributions.
Discretionary Bonus Program – Recognizing employee contributions.
Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses.
Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
Holidays – A minimum of 10 paid holidays per year.
Family Building Benefits – Includes adoption and fertility assistance.
Paid Parental Leave – Up to 12 weeks of paid leave for employees who meet eligibility criteria.
Life Insurance & AD&D – 100% of premiums covered by Milliman.
Short-Term and Long-Term Disability – Fully paid by Milliman.