OTC & FX Trade Operations Specialist
The Northern Trust Company
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Job summary
The Northern Trust Company is seeking an OTC and FX Associate Specialist in Chicago to translate strategy into actionable plans, drive execution across teams, and manage trade-related processes efficiently. You will monitor progress, surface risks, and reinforce priorities to meet client service objectives.
You will be an SME for OTC/FX products, oversee settlements and confirmations, and coordinate with trading desks and control groups.
Qualifications
- 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.
- Proficiency in Microsoft Word, Excel (macros), Copilot, Power Automate.
- Excellent people skills; ability to act as a knowledgeable reference to co-workers domestically and internationally.
Responsibilities
- Be an escalation point for team members and clients.
- Serve as OTCFX Product SME and take lead on initiatives.
- Manage projects and initiatives in a fast-paced environment.
- Oversee settlements and confirmations of OTC and FX trades.
- Identify and resolve trade discrepancies between client and counterparties.
- Assist in training staff globally and support IT on systems.
Skills
Education
Tools
Job description
The Northern Trust Company is seeking an OTC and FX Associate Specialist in Chicago to translate strategy into actionable plans, drive execution across teams, and manage trade-related processes efficiently. You will monitor progress, surface risks, and reinforce priorities to meet client service objectives.
You will be an SME for OTC/FX products, oversee settlements and confirmations, and coordinate with trading desks and control groups.
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