Address
Form of workAbout 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 home office brokerage operations support and client service for the sales and trading teams across wealth management and institutional asset servicing. Focuses on the day-to-day transaction processing of asset movement for client servicing, process and review of daily managed account trading, review and adjustment of account trade corrections, and daily margin and risk review. Serves on large and / or complex projects. Supports Team Manager in ensuring operational efficiency, focuses on the day-today operation of the department. Carries out complex activities with significant financial, client, and / or internal business impact.
MAJOR DUTIES
• Processing and problem resolution with focus on wide scale service issues. The core competencies include : margin analysis, transfers of assets, cashiering processing and security processing.
• Must have ability to identify, analyze, and escalate complex issues. Must demonstrate excellent analytical and problem solving skills required to bring items quickly to a resolution.
• Understands and adheres to departmental policies and procedures. Makes recommendations to improve processes, when appropriate.
• Reconciliation and Position Management - daily review of managed account deposits and withdrawals and ongoing service and support
• Reviews daily margin and risk reports and understanding firm risk
• Acts as an expert on managed account trade flows between systems, third-party vendors and our clearing firm, resolving communication issues
• Key understanding between systems, liaising with third party vendors and providing guidance to front office
• Brokerage research skills in corporate actions, international securities, restricted stock
• Project manager of private placement exchange fund processing and servicing
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 with Envestnet, National Financial Services a plus
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 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.
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.
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 home office brokerage operations support and client service for the sales and trading teams across wealth management and institutional asset servicing. Focuses on the day-to-day transaction processing of asset movement for client servicing, process and review of daily managed account trading, review and adjustment of account trade corrections, and daily margin and risk review. Serves on large and / or complex projects. Supports Team Manager in ensuring operational efficiency, focuses on the day-today operation of the department. Carries out complex activities with significant financial, client, and / or internal business impact.
MAJOR DUTIES
• Processing and problem resolution with focus on wide scale service issues. The core competencies include : margin analysis, transfers of assets, cashiering processing and security processing.
• Must have ability to identify, analyze, and escalate complex issues. Must demonstrate excellent analytical and problem solving skills required to bring items quickly to a resolution.
• Understands and adheres to departmental policies and procedures. Makes recommendations to improve processes, when appropriate.
• Reconciliation and Position Management - daily review of managed account deposits and withdrawals and ongoing service and support
• Reviews daily margin and risk reports and understanding firm risk
• Acts as an expert on managed account trade flows between systems, third-party vendors and our clearing firm, resolving communication issues
• Key understanding between systems, liaising with third party vendors and providing guidance to front office
• Brokerage research skills in corporate actions, international securities, restricted stock
• Project manager of private placement exchange fund processing and servicing
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 with Envestnet, National Financial Services a plus
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 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.
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.
