Analyst, Trade Settlements

Performance Trust; Chicago (IL); On-site; USD 70,000 - 85,000; Full time

Benefits offered by this job

Medical, Dental & Vision Insurance

Vacation/Personal Days + Holidays

Pre-Tax Flexible Spending Account (FSA

Health Savings Account (HSA)

PT Retirement

Job summary

Performance Trust Capital Partners, LLC (Chicago) is seeking an Analyst for Trade Settlements to join the Trade Ops team. The role focuses on end-to-end FCU processing, collateral margin management, and rapid resolution of discrepancies in a fast-paced environment.

You will collaborate with business lines and clients to ensure accurate trade settlements, post-settlement breaks, and special handling requests.

Qualifications

• Bachelor’s degree: Finance or Business preferred
• Excellence in written and oral communication
• Strong attention to detail and accountability
• Knowledge of basic accounting principles and familiarity with financial markets/instruments
• 1–3 years’ industry experience, ideally in middle/back-office operations
• Proficiency in Microsoft Office (Excel); Bloomberg experience preferred
• Prior experience with Pershing NetX360 is a plus
• Driven by optimization and efficiency in processes
• FINRA SIE and Series 7 licensed within 120 days of hire
• Candidates must be eligible to work permanently in the United States without sponsorship

Responsibilities

• Own and lead the daily FCU (factor and coupon updates) process end-to-end
• Own and lead daily collateral margin management under FINRA Rule 4210
• Identify, research, and resolve FCU and collateral margin discrepancies; coordinate with counterparties, clients, and internal teams
• Maintain and improve documentation and checklists for FCU and collateral margin management
• Handle multiple customer and business line inquiries in a fast-paced environment
• Monitor and act on open items per daily task tracker and process guide
• Support email, reporting, and ad hoc business processes daily and monthly
• Build and maintain relationships; deliver excellent client service
• Proactively identify issues and propose solutions in day-to-day operations
• Provide timely updates and escalate issues to the team manager
• Cross-train with other areas within Clearing and Settlements
• Align with settlements team manager on new tasks as department expands
• Perform other duties as required

Skills

Communication

Attention to detail

Excel

Customer service

FINRA SIE

Series 7 (within 120 days)

Education

Bachelor’s degree: Finance or Business

Tools

Bloomberg

Pershing NetX360

Job description

Analyst, Trade Settlements

Chicago, IL

Description

About Us: Headquartered in Chicago, Performance Trust Capital Partners, LLC is an investment bank that combines Wall Street scale with the agility of an independent, employee-owned firm. We help financial institutions uncover overlooked opportunities, navigate complexity, and make decisions grounded in insight—not impulse. Our work is focused on long-term impact and relationships built on what matters most: trust and enduring performance.

About the Position

Performance Trust Capital Partners is seeking an Analyst for our Trade Operations (Trade Ops), Settlements group. The Trade Settlements team ensures accurate and efficient processing, support, and resolution for trade and settlement processes in a fast-paced and dynamic environment. We are pursuing candidates with strong customer service and analytical skills to be an integral member of our collaborative team. This individual will work closely with business lines and clients to manage trade settlements, post settlement breaks as well as special handling requests from the trade desk. We are seeking a candidate based in Chicago, IL. This role operates on Central Time, with core working hours of 7:45 a.m. – 5:15 p.m. CT.

Responsibilities

• Own and lead the daily factor and coupon update (FCU) process end-to-end
• Own and lead the daily collateral margin management under FINRA Rule 4210
• Identify, research, and communicate FCU and collateral margin management discrepancies; coordinate resolution with counterparties, clients, and internal teams
• Maintain and continuously improve process documentation and checklists for FCU and collateral margin management
• Manage multiple customer and business line inquiries in a fast-paced, time-sensitive environment
• Monitor and action open items in alignment with the daily task tracker and process guide
• Support general email, reporting, and ad hoc business processes on a daily and monthly basis
• Build and maintain internal and external relationships; communicate effectively to deliver excellent client service
• Proactively identify issues and propose solutions in day-to-day operations
• Provide timely updates and escalates issues to the team manager
• Cross-train with other areas within Clearing and Settlements
• Align with the settlements team manager on new tasks as the department expands
• Perform other duties as required

Requirements

• Bachelor’s degree: Finance or Business preferred
• Excellence in written and oral communication
• Possess a strong attention to detail and demonstrates accountability and commitment to delivering high-quality work
• Knowledge of basic accounting principles and familiarity with financial markets and instruments
• 1-3 years’ industry experience, ideally in middle office or back-office operations
• Proficiency in Microsoft Office (namely excel), some experience with Bloomberg preferred, not required
• Prior experience with Pershing NetX360 is a plus
• Oriented toward optimization and efficiency in process
• License(s) Requirement: FINRA SIE and Series 7 licensed within 120 days of hire date
• Candidates must be eligible to work permanently in the United States without sponsorship

Featured Benefits

• Medical, Dental & Vision Insurance (administered through a national carrier such as Blue Cross Blue Shields)
• Prescription Drug Plans
• Pre-Tax Flexible Spending Account (Health and Dependent Care) (FSA)
• Health Savings Account (HSA)
• Vacation/Personal Days + Holidays
• Financial & Income Protection Benefits
• PT Retirement
• Mission-Driven Employee Stock Ownership Plan
• Voluntary Life Insurance + Long-Term Disability Insurance
• Discounted Fitness Memberships (Free membership for Chicago office)
• Pre-Tax Commuter Benefits – Transit & Parking
• Mental Health support through company provided Employee Assistance Program
• Employee recognition programs (PT Rewards and Annual Awards)

Compensation

Compensation: The base salary range for this position is $70,000-$85,000. This is an estimated range based on the circumstances at the time of posting, however, may change based on a combination of factors, including but not limited to skills, experience, education, market factors, geographical location, budget, and demand. This position is also eligible for a bonus component that would be dependent on pre-defined performance factors. All compensation determinations are based on the skills and experience required for the position and commensurate with experience of selected individuals, which may vary above and below the stated amounts.

Salary Description

$70,000-$85,000