Securities Finance Trader
Job Summary
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 worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
The securities finance group customizes programs for clients to generate incremental revenue for their investment portfolio. As part of the Banking and Markets group securities finance provides liquidity and efficiency to the equity and fixed income markets while working directly with some of the largest global financial institutions. Functioning in a competitive marketplace means the securities lending team must focus on Northern Trusts core principals of service integrity and expertise to remain a market leader.
This is an exciting opportunity for anyone who wishes to develop a career within financial services. The role is primarily focused on the lending of our clients APAC Equities and global Fixed Income securities. The successful candidate will enjoy working amongst a specialist team to optimize revenue through skilled negotiation and effective relationship management with the borrower community.
The successful candidate will have access to an ongoing learning and development curriculum with excellent opportunities for career progression and growth. As a market-facing role this is an unparalleled opportunity for anyone eager to obtain first-class experience as a Securities Finance Trader.
Primary Responsibilities
Interface with borrowers and Northern Trusts global securities finance trading desks to optimize revenue by effectively lending client securities in accordance with client bank and regulatory guidelines.
Negotiate with borrowers to price transactions based on market supply and demand factors with the ability to make prompt decisions and react to daily market changes.
Establish and maintain strong relationships with borrowers and Northern Trust partners including global trading desks trade support product and client servicing teams.
Monitor the trading book closely and ensure effective risk management to avoid any exposure to both Northern Trust and clients particularly around corporate actions and liquidity management in those markets with punitive settlement regimes. Work closely with operations teams to minimize all risk situations. Liaise with trade support collateral and corporate actions teams to promote efficiencies throughout the trading process.
Provide analytical support to senior traders to help maximize return from Northern Trusts lending portfolio. Analyze and interpret data in order to make support and articulate trading decisions.
Assist the trading team in the review integration and deployment of new and existing technology tools to further automate trading processes.
Evaluate client portfolios for the purposes of performance reviews and future revenue estimates.
The successful candidate will benefit from having/being:
A confident communicator capable of influencing discussions managing negotiations and developing borrower relationships
The ability to quickly become proficient with new concepts and use relevant skills to enhance and improve processes
An ability to work diligently under pressure multi-tasking in a fast-paced environment
Comfortable mining analyzing and interpreting data in order to make support and articulate trading decisions
Proficiency of excel VBA SQL Python or other programming skills.
Knowledge of securities lending markets and processes
Knowledge of Asia-Pacific financial markets operational corporate event and income distribution processes.
Fluency in English and Mandarin or Cantonese
Experience
1-5 years of working experience within the financial services industry or relevant internship experience.
The competencies we will be assessing include:
Effective communication
Relationship management
Analytical thinking
Effective prioritization
Decision making
Attention to detail
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.
Wed love to learn more about how your interests and experience could be a fit with one of the worlds 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 .
We hope youre 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.
About Company
Discover Northern Trust’s trusted financial services for individuals, families, and institutions. Guided by service, expertise, and integrity since 1889, we offer wealth management, asset servicing, and investment solutions tailored to your goals.