CAREERS

Senior Associate, Brokerage Operations

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Brokerage
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104200 Requisition #

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

 

As part of the APAC Capital Markets business, we seek an energetic, up and coming Senior Associate to join an existing team within a fast growing business in our Sydney office. This role supports both the APAC business executing for the global client base and offers global markets support to APAC clients.

 

The role has seasonal requirements to support  the APAC business through an early and late shift pattern through the Sydney summer. Where the team provides staggered coverage between 8.30am and 8pm, in conjunction with a global 24/6 follow the sun model between Sydney, London and Chicago.

 

The role will report to the Head of Operations, APAC.

 

What you will do   

                         

  • Book out / allocate all equity transactions to the relevant client accounts, and manages confirmation process with client via either CTM/FIX/IRESS or manual email confirmation
  • Deals with any queries / issues with confirmations in a timely fashion, liaising with sales and trading teams if necessary to resolve
  • Maintains client static data, including confirmation set up, commission rates in various markets, sub-account setup, booking preferences per market & client SSI's
  • Responsible for matching and settlement
  • Closely monitors both market-side and client side trade matching & 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
  • Responsible for reconciliation and position management ensuring that as an agency broker, all of our accounts are flat of position and P&L at End Of Day, and that any error positions are documented and accounted for in accordance with regulations.  This is a key risk management tool for the firm
  • Daily dialogue with brokers, clients and internal sales and trading teams. In addition to the global operations groups in London and Chicago.

About You

 

  • Middle Office/Trade Support experience in a Buy or Sell Side firm, within a control focused framework
  • Exposure to settlement processes and market nuances
  • APAC Equity market knowledge including Emerging/ID and Frontier markets desired
  • Strong communications skills (both written and verbal)
  • Advanced Excel and data manipulation skills, including V-lookup, Pivot tables etc.
  • Proficient in Microsoft 365 product suite
  • Strong problem solving skills
  • Ability to multi-task and make decisions in a fast paced environment
  • Tertiary Degree

Good to have

  • Bonds/Listed and OTC derivative experience an advantage
  • Experience in Microsoft BI is an advantage

 

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.  

 

In Australia, we are actively involved in many ways with both community and diversity organisations, which includes paid volunteer days. For families, we offer a very generous parental leave scheme, and all staff have access to subsidised health insurance if they choose.   

 

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 ethical companies. Build your career with us and apply today! #MadeForGreater 

  

  • Want to learn more about our company? Visit www.northerntrust.com      
  • We are a leading global financial institution - Click here to check out our company accolades! 

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC/India EEO Statement
    • APAC/INDIA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)


Pay Transparency

Pay Transparency Nondiscrimination Provision (U.S)