About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. 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. SUMMARY Responsible for operational trade support and client service for the sales and trading teams. Focuses on the day-to-day processing of trades from the point of bookout and allocation, through to settlement and reconciliation of accounts. Serves on large and / or complex projects. Supports Team Manager in ensuring operational efficiency, focuses on the day-to[1] day operation of the department. Carries out complex activities with significant financial, client, and / or internal business impact. MAJOR DUTIES · Books out / allocate all equity and convertible bond transactions to the relevant client accounts, and manages · confirmation process with client via either CTM or manual email confirmation. Deals with any queries / issues with · confirmations in a timely fashion, liaising with sales traders if necessary to resolve. · Maintenance of Client Static data, including confirmation set up, commission rates in various markets, sub-account · setup, booking preferences per market and client SSI's. · Matching and Settlement. Closely monitors both market-side and client side trade matching and settlement, resolving · issues with clients and execution brokers,fixing mismatches and ensuring that settlement rates remain as close to 100% · as possible in all markets. Commercial awareness of positions likely to incur debit interest is key to management of · settlement risk, as well as an awareness of sensitive clients or high-value trades. · Manages the Account Opening process, liaising with the new client, our compliance team, sales trader and operations · colleagues to ensure correct process is followed in a timely manner. · Reconciliation and Position Management - ensures that as an agency broker, all of our accounts are flat of position and · PandL at EOD, and that any error positions are documented and accounted for in accordance with regulations. This is a · key risk management tool for the firm. · Responsible for Day-to Day Relationship Management with Third-party Vendors, most importantly with our clearing · broker. · Acts as an expert on trade flows between systems, third-party vendors and our clearer, resolving communication issues · between systems, liaising with IT and providing guidance. KNOWLEDGE / SKILLS · Excellent oral and written communication skills are required. · Functional / Industry Knowledge is required. · Analytical and problem solving skills are required. · Be able to work as part of a team with minimal supervision. · Accuracy and attention to detail are critical. Must have good project management and communication skills and have strong working knowledge of the firm, the industry and technology. EXPERIENCE REQUIRED • FINRA Securities Industry Essentials® (SIE®) Exam, Series 7TO (Top-Off) and Series 63 are required (or ability to obtain within 90 days of hire). • A College or University degree and / or relevant work experience is required. Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. https://www.northerntrust.com/content/dam/northerntrust/pws/nt/images/careers/ntawards.jpg We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us andapply today. #MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com. We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
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