Job Description
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.
Job Summary
Executes options trades within area guidelines. Ensures that each trade is handled equitably and settled properly. Monitors securities prices and communicates them to portfolio managers when necessary. Conducts trading with sufficient speed and accuracy to successfully process the order flow. Uses prescribed guidelines or policies in analyzing situations. Receives a moderate level of guidance and direction
Work Model: Fully Onsite
Major Duties:
- Executes option trades with minimal market impact.
- Ensures that trade orders are executed fairly and equitably (e.g. prompt execution without bias toward originating source).
- Works with clients on idea generation and strategy implementation.
- Apprises portfolio managers and other appropriate parties of relevant information affecting securities prices (e.g. trading volume, etc.).
- Ensures that trades settle properly.
- Maintains daily broker contact to conduct options trading.
- Responds to client and partner inquiries as needed.
- Maintains up-to-date knowledge of applicable rules and regulations governing investments and trading.
- Adheres to trading procedures and protocols.
- Continues to enhance knowledge of markets and tools provided to execute.
Knowledge:
- Knowledge of investments, including terminology, instruments, general industry practices, market structures, execution techniques, regulatory environment and relevant securities laws, usually acquired through on the job experience or completion of a four year degree, to ensure proper trade execution.
- Knowledge of the context in which options trading activity occurs, acquired through work experience, to execute trades with minimal impact.
- Ability to respond to market events and make quick decisions.
Experience : 2-4 years of options trading experience. College or University degree. Series 7 and 63 licenses required.
Salary Range:
$116,100 - 197,300 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.
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.
Job Tags
Work experience placement, Flexible hours,