Options Trader

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.

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:

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.

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 andapply 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.