OTC & FX Operations Leader

Northern Trust Corp; Chicago (IL); On-site; USD 96,000 - 162,000; Full time

Benefits offered by this job

401k and Pension

Discretionary bonus

Health benefits

Job summary

Northern Trust Corp is seeking an OTC/FX Associate Specialist to drive and implement project initiatives, coordinate across teams, and manage trade confirmations and settlements in a fast-paced environment.

You will act as a product SME, supervise multiple client workflows, and support the team with strategic priorities while ensuring accurate P/L attribution and timely trade processing.

Qualifications

• Bachelor’s degree strongly preferred.
• 5+ years FX/OTC operations experience.
• Experience settling OTC structured and derivatives products.
• Proficiency with TradeServ, MarkitWire/MarkitTradeManager, and eConfirm platforms.
• Strong math and analytical skills.
• Excellent written and oral communication skills.

Responsibilities

• Escalation point for team and clients.
• OTC/FX trade confirmations and settlements.
• Manage multiple client/hedge fund workflows.
• Oversee trade management across platforms and teams.
• Coordinate, execute and reinforce project initiatives.
• Assist in training staff globally.

Skills

FX/OTC operations

Analytical skills

Written & verbal communication

ISDA guidelines knowledge

Regulatory knowledge

Education

Bachelor's degree

Tools

TradeServ

MarkitWire

eConfirm

MarkitTradeManager

Copilot

Power Automate

Excel macros

Job description

Northern Trust Corp is seeking an OTC/FX Associate Specialist to drive and implement project initiatives, coordinate across teams, and manage trade confirmations and settlements in a fast-paced environment.

You will act as a product SME, supervise multiple client workflows, and support the team with strategic priorities while ensuring accurate P/L attribution and timely trade processing.