{"id":41777,"date":"2011-11-25T15:29:56","date_gmt":"2011-11-25T14:29:56","guid":{"rendered":"http:\/\/tradingjobs.bontrade.org\/?p=6244"},"modified":"2011-11-25T15:29:56","modified_gmt":"2011-11-25T14:29:56","slug":"sr-analyst-trade-support","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/41777\/sr-analyst-trade-support\/","title":{"rendered":"Sr Analyst, Trade Support"},"content":{"rendered":"

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Job Function : <\/strong>  Operations\/Securities<\/p>\n

Manager Position : <\/strong>  Non-manager<\/p>\n

Standard Hours : <\/strong>  40<\/p>\n

Exempt\/Non-Exempt : <\/strong>  Non-Exempt<\/p>\n

Regular\/Temporary : <\/strong>  Regular<\/p>\n

Securities Operations - Mutual Fund Services Division. This position will be initially located in the Canal building, but will then be moved to the Naperville Processing Center midway through 2012. This member of the Trade Team is responsible for both the execution and settlement of 3rd party (non Northern) mutual fund trade orders received from other partner areas, clients, and investment managers. This detail oriented, intra-day deadline driven environment requires that the incumbent be energetic, flexible, self-motivated, organized, posses strong problem solving skills, have the ability to multi-task, and have a sense of urgency. The incumbent will work directly with various partner areas (eg., C&IS, PFS, IMLG) as well as with external fund companies, transfer agencies, and investment managers. <\/p><\/div>\n

Trade orders are received throughout the day, and the trader must execute the trade in accordance with trading deadlines dictated by the industry and internal policy. The trader must be able to quickly discern the proper method of trade execution for any given order and ensure that the trade is initiated and settled accurately as instructed. For trades that have been previously executed by an outside party, the trader must process the settlement by assigning the appropriate wire instructions to either wire out on a purchase or accept a wire in on a sale. <\/div>\n
This trading function does not entail direct client contact with Trust customers of Northern Trust nor does it include rendering any investment advice to clients. The role is that of trade execution on orders received from another party. This position is an operations function and is not structured the same as one would find in a brokerage\/investment firm. <\/div>\n
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Knowledge\/Skills : <\/strong>  
At a minimum, knowledge of mutual fund products, financial markets instruments, and security processing usually obtained through formal training or prior securities related experience is needed. Knowledge of the rules, regulations, and processes of mutual fund trading is highly desirable. Analytical skills are required to research and resolve inquiries. <\/div>\n
To be successful, the incumbent must have the ability to quickly adapt to a fast-paced, detail orientated environment with fluctuating volumes and deadlines while meeting\/exceeding quality and service standards during peak periods. Verbal and written communication skills are needed to ensure effective communication with internal partners and external contacts. Computer literacy and some technical aptitude are necessary to navigate operational systems and understand their interface.<\/p>\n

Major Duties : <\/strong>  
\u2022Execute and settle mutual fund trades received from other partner areas, clients, and investment managers.
\u2022Daily review and resolution of various exception reports
\u2022Daily morning review and resolution of any trade rejects via NSCC.
\u2022Research and resolve inquires received from other partner areas
\u2022Identify and describe complicated situations and bring them to the attention of management.
\u2022Communicate with fund companies, investment mangers, and Northern Trust front office in solving problems and responding to inquiries.
\u2022Recommend process and technical improvements, perform related duties as assigned, and participate in other work of the unit where volume or absence warrants.<\/p>\n

1-3 years in securities operations\/securities transaction environment. Mutual fund trading\/processing environment is preferred. <\/p><\/div>\n

 
Note: This position will be initially located in the Canal building (South Loop), but will then be moved to the Naperville Processing Center midway through 2012.<\/div>\n
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Apply for Job Here Job Function :  Operations\/Securities Manager Position :  Non-manager Standard Hours :  40 Exempt\/Non-Exempt :  Non-Exempt Regular\/Temporary :  Regular Securities Operations - Mutual Fund Services Division. This position will be initially located in the Canal building, but will then be moved to the Naperville Processing Center midway through 2012. This member of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[4520],"tags":[1883,4650,1216],"class_list":["post-41777","post","type-post","status-publish","format-standard","hentry","category-tradingjobsearch","tag-analyst","tag-support","tag-trade"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/41777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=41777"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/41777\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=41777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=41777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=41777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}