Rebalancing and Trading Operations Consultant - Chicago, United States - Northern Trust Corp.

Northern Trust Corp.

Verified Company

Chicago, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

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.

Role Summary:
Primary

Responsibilities:

Daily rebalancing of portfolios to account for model updates, cash flows and investment objective changes
Process portfolio onboarding and terminations
Implement portfolio model changes and block trades
Daily portfolio drift analysis and trade executions
Work with model mangers to resolve target allocation discrepancies and communicate trade executions
Model portfolio delivery operations
Paper portfolio trade executions
Drive to mitigate risks of trade errors and market exposure
Review and adapt operational processes to increase scale and efficiency
Occasional onboarding external overlay and model platforms
Maintain appropriate procedural documentation

Necessary Knowledge and Skills:

Highly thorough when carrying out complex activities with significant financial, client, and/or internal business impact
Ability to efficiently prioritized time sensitive tasks and escalate as necessary
Composed demeanor in high stress situations
Ability to clearly and effectively communicate challenges and opportunities to senior management
Goal orientated with the drive to follow improvements through to resolution.
Ability to partner with the technology and operational support teams to make improvements
Indepth industry knowledge
Highly flexible and adaptable to change

Necessary Experience and Education:

A College or University degree and/or relevant investment management work experience is preferred.

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.

Reasonable accommodation

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.