Junior Repo Trader

Northern Trust
Chicago, USA
Jun 19, 2023
Jun 21, 2023
Industry Sector
Finance - General
Employment Type
Full Time
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.

Participates in and executes the lending of client securities from an available portfolio of securities to brokerage firms and banks, following client guidelines. Responsible for recognizing and negotiating a maximum return for both the client and the bank, ensuring loans are sufficiently collateralized, and available cash has been invested.

1. Interfaces with brokers, clients, and administrators to lend client securities, according to client guidelines.

2. Negotiates with brokers and banks to price trades based on market factors; makes decisions within short time frames.

3. Ensures loans are sufficiently collateralized.

4. Monitors client accounts to ensure that available cash has been invested in various cash investment vehicles.

5. Verifies that transactions are executed properly and that accounts are serviced.

2-3 years securities lending or trading. Knowledge of securities industry, usually obtained through formal training or experience, is required to lend securities. Math and analytical skills are required to execute trades.

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.


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

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .

We hope you're 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.

Additional Information

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