Consultant, Capital Market Operations

015 Northern Trust Securities, Inc; Chicago (IL); Hybrid; USD 68,000 - 112,000; Full time

Benefits offered by this job

Retirement benefits (401k/pension)

Health and welfare benefits

Paid time off

Parental and caregiver leave

Life & accident insurance

Discretionary bonus program

Job summary

Northern Trust is seeking an Operations support and client service professional for the global brokerage business. The role focuses on daily trade processing from book-out and allocation to settlement and reconciliation, with responsibilities expanding as familiarity grows.

The candidate should have a college degree or equivalent experience, and prior experience in financial operations is preferred. The position offers a hybrid work arrangement and comprehensive benefits, including retirement

Qualifications

• A College or University degree and/or relevant work experience is required.
• Prior industry experience, preferably in a financial operations role is preferred.

Responsibilities

• Solves problems in straightforward situations.
• Analyzes possible solutions using technical experience and judgment and precedents.
• Impacts a range of customer, operational, project or service activities within own team.
• Works within guidelines and policies.
• Writes and maintains high quality procedure documentation.
• Assists in training new starters within the team.
• Asks questions, challenges existing processes, offers ideas.

Skills

Brokerage operations knowledge

FINRA licenses (99/7/63)

Analytical skills

Problem solving

Education

Bachelor's degree or equivalent

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Summary

Responsible for Operations support and client service for the global brokerage business. Has specific knowledge or expertise typically gained through formal education or equivalent experience. Focuses on the day-to-day processing of trades from the point of book-out and allocation, through to settlement and reconciliation of accounts, and all other brokerage operations functions. Continues to build knowledge of the company, processes and clients. Performs a range of assignments related to job discipline. Uses prescribed guidelines or policies in analyzing situations. Receives a moderate level of guidance and direction. Carries out activities with moderate financial, client and/or internal business impact.

Major Duties

• 1. Solves problems in straightforward situations
• 2. Analyzes possible solutions using technical experience and judgment and precedents
• 3. Impacts a range of customer, operational, project or service activities within own team
• 4. Works within guidelines and policies
• 5. Writes and maintains high quality procedure documentation
• 6. Assists in training new starters within the team
• 7. Asks questions, challenges existing processes, offers ideas

Working Model

Hybrid We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Knowledge

Requires expanded conceptual knowledge in own job discipline Understands key business drivers; uses this understanding to accomplish own work Explains complex information to others in straightforward situations Has specific brokerage operations knowledge or expertise typically gained through formal education or equivalent experience. Has an understanding of regional regulatory requirements. Applies best practices and how own area integrates with others Provides informal guidance to new team members

FINRA licenses required (US): 99; 7 and 63 are preferred, or the ability to obtain within 90 days

#LI-Hybrid #LI-GG1

Experience

• A College or University degree and/or relevant work experience is required.
• Prior industry experience, preferably in a financial operations role is preferred.

Salary Range

Salary Range: $67,500 - 111,500 USD Salary range is a good faith estimate of base pay.

Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Reasonable Accommodation Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

Looking for greater?

You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)