Sr Analyst, MO Trade Operations IPS

Northern Trust; Chicago (IL); On-site; USD 53,000 - 79,000; Full time

Benefits offered by this job

401k and Pension

Discretionary bonus program

Paid time off

Job summary

Northern Trust is seeking a Middle Office Trade Operations Senior Analyst to own the trade lifecycle, ensuring accurate capture, confirmation and settlement in a fast-paced environment. The successful candidate will be a mature self-starter who can operate with minimal supervision and resolve issues quickly.

You will address internal and external audiences professionally, manage cash flows and lifecycle events, and ensure precise P/L attribution with a strong emphasis on ethics.

Qualifications

• Bachelor's degree strongly preferred.
• 3+ years of industry experience in trade operations.
• Strong service mindset and client focus.

Responsibilities

• Monitor trade posting process.
• Monitor trade affirmation process to ensure proper allocation/delivery.
• Identify and resolve transaction discrepancies between client and counterparties.
• Manage cash flows and life cycle events for trades.
• Review corporate actions and dividends to ensure correct P/L attribution.
• Review cash and position reconciliations.

Skills

Exceptional written and verbal comms

MS Outlook, Word, Excel

Organizational skills

Attention to detail

Time management

Analytical skills

Intellectually curious

Multitasking under deadlines

Education

Bachelor's degree

Tools

Excel

Word

Outlook

Macros

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.

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.

Job Summary

The Middle Office Trade Operations Sr Analyst plays a key role in the trade lifecycle by ensuring the accurate and timely capture, confirmation, and settlement of trades. The successful candidate will be a mature self-starter who has demonstrated the ability to function independently in a fast-paced, dynamic and demanding environment. This person needs to be able to resolve conflict within a short period of time. This person will be intellectually curious, intuitive, trustworthy and have the highest ethical standards. In addition, he/she will be effective addressing a number of internal and external audiences in a professional manner. This person will add value by working on a number of simultaneous tasks with minimal supervision and exemplary follow-through.

Key Responsibilities

• Monitor trade posting process
• Monitor trade affirmation process to ensure proper allocation/delivery from counterparties
• Efficiently identify and resolve transaction discrepancies between client and counterparties
• Manage the cash flows associated with trades and transactions, including life cycle events
• Review booking of corporate actions and dividends/coupons to ensure accurate position and p/l attribution
• Review of cash and position reconciliations

Knowledge

• Exceptional written and oral communication skills
• Excellent people skills
• Proficiency in Microsoft Outlook, Word, and Excel (ability to create macros is a plus)
• Strong organizational skills, meticulous attention to detail and effective time management skills
• Ability to handle multiple tasks under extremely time sensitive conditions
• Excellent analytical skills
• Intellectually curious

Experience

• Bachelor’s degree strongly preferred
• Three years of industry experience in trade operations
• Hold themselves accountable and is passionate about delivering high quality work and servicing clients

Salary Range

$52,800 - 79,200 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 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

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.