Jr Sec Lending Trader
Northern Trust, a Fortune 500 company, is a globally recognized financial institution providing innovative services to successful individuals and institutions. This role supports the Securities Lending Trading team by optimizing portfolio revenue through effective trade execution, borrower engagement, and risk management while collaborating with global trading desks and operations teams.ResponsibilitiesUses existing procedures to solve standard problems; analyzes information and standard practices to make judgmentsWorks within standardized procedures and practices to achieve objectives and meet deadlinesInterface with borrowers and Northern Trust’s global securities lending trading desks to optimize revenue by effectively lending client securities in accordance with client, bank, and regulatory guidelinesNegotiate with borrowers to price transactions based on market supply and demand factors with the ability to make prompt decisions and react to daily market changesEstablish and maintain strong relationships with borrowers and Northern Trust partners including global trading desks, trade support, product and client servicing teamsMonitor 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 regimesWork closely with operations teams to minimize all risk situationsLiaise with trade support, collateral and corporate actions teams to promote efficiencies throughout the trading processProvide analytical support to senior traders to help maximize return from Northern Trust’s lending portfolioAnalyze and interpret data, in order to make, support, and articulate trading decisionsAssist the trading team in the review, integration and deployment of new and existing technology tools to further automate trading processesEvaluate client portfolios for the purposes of performance reviews and future revenue estimatesSkills1–5 years of working experience within the financial services industry or relevant internship experienceRequires conceptual knowledge of theories, practices and procedures within a job disciplineApplies general knowledge of business developed through education or past experienceExchanges straightforward information, asks questions and checks for understandingA confident communicator, capable of influencing discussions, managing negotiations and developing borrower relationshipsThe ability to quickly become proficient with new concepts and use relevant skills to enhance and improve processesAn ability to work diligently under pressure, multi-tasking in a fast-paced environmentComfortable mining, analyzing and interpreting data in order to make, support and articulate trading decisionsKnowledge of securities lending markets and processesBenefits401k and pensionMedical, dental, vision, spending accounts and disabilityPaid time offParental and caregiver leaveLife & accident insuranceOther voluntary and well-being benefitsDiscretionary bonus program that may include an equity componentCompany OverviewNorthern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking. It was founded in 1889, and is headquartered in Chicago, Illinois, USA, with a workforce of 10001+ employees. Its website is http://www.northerntrust.com.Company H1B SponsorshipNorthern Trust has a track record of offering H1B sponsorships, with 180 in 2025, 203 in 2024, 102 in 2023, 74 in 2022, 298 in 2021, 83 in 2020. Please note that this does not guarantee sponsorship for this specific role.
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