OTC/FX Operations Lead — Trade & Settlement Expert

Northern Trust Corp.; Chicago (IL); In loco; USD 96.000 - 162.000; Tempo pieno

Vantaggi offerti da questo lavoro

Comprehensive benefits package

Descrizione del lavoro

Northern Trust Corp. is seeking an experienced OTC/FX Associate Specialist in Chicago to drive the execution of project initiatives, coordinate dependencies, and manage trade confirmations and settlements across multiple clients and hedge funds.

The role requires 5+ years in FX or OTC derivatives operations, proficiency with TradeServ and Markit platforms, and strong analytical abilities. A comprehensive benefits package and supportive, ethical culture are highlighted in the posting.

Competenze

• Bachelor’s degree strongly preferred.
• 5+ years of experience in FX or OTC structured and derivatives products operations.
• Experience with settlement of OTC structured and derivatives products.
• Experience reviewing documentation for OTC structured and derivatives products.
• Proficiency with TradeServ, MarkitWire/MarkitTradeManager, and eConfirm platforms preferred.
• Excellent math and analytical skills; strong written and oral communication.

Mansioni

• Being an escalation point for team members and clients.
• Acting as an OTC/FX Product SME.
• Managing projects or initiatives within the team.
• Overseeing processes within a fast-paced, multi-client environment.
• Affirmation/confirmation of OTC and FX trades on electronic platforms or paper.
• Settlement of swap cash flows including unwinds, fees, resets and premiums.
• Identify and resolve transaction discrepancies between client and counterparties.

Conoscenze

OTC/FX operations

Project coordination

Stakeholder communication

Analytical skills

Attention to detail

Team collaboration

Formazione

Bachelor’s degree (preferred)

Strumenti

TradeServ

MarkitWire

MarkitTradeManager

eConfirm

Excel macros

Copilot

Power Automate

Microsoft Word

Descrizione del lavoro

Northern Trust Corp. is seeking an experienced OTC/FX Associate Specialist in Chicago to drive the execution of project initiatives, coordinate dependencies, and manage trade confirmations and settlements across multiple clients and hedge funds.

The role requires 5+ years in FX or OTC derivatives operations, proficiency with TradeServ and Markit platforms, and strong analytical abilities. A comprehensive benefits package and supportive, ethical culture are highlighted in the posting.