Senior Equities 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 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.

Job Summary

We are seeking an experienced APAC Execution Trader to join our trading team in Hong Kong. Northern Trust Investments is a 1.4 trillion-dollar asset manager with offices around the globe.  Our equity trading desk in Hong Kong is one of three execution desks with the other 2 residing in London and Chicago.  The equity trade desk is responsible for the execution of equity, futures, and FX across the globe in support of our global asset management business. A successful candidate will be responsible for the execution of the APAC portion of our book of business and interaction with our PM teams located in Hong Kong and Australia.

Key Responsibilities

Trading & Execution: Execute and monitor trading across APAC equity, FX, and derivatives to achieve stated benchmarks while minimizing slippage.

Job Description

• Executes trades with the goal of minimizing market impact.
• Ensures that orders are executed fairly and equitably.
• Apprises portfolio managers and other appropriate parties of relevant information affecting securities prices (e.g. trading volume, corporate actions, etc.).
• Records, measures, reviews, and analyses trading performance.
• Responds to client and partner inquiries as needed.
• Maintains up-to-date knowledge of applicable rules and regulations governing investments and trading.
• Conducts trading activity in a timely and accurate manner.
• Monitors relationships between portfolio managers and traders to ensure accurate and acceptable communication and order execution.
• Follows index constitutions and advises portfolio managers of relevant changes.
• Maintains broker relationships to achieve portfolio objectives.

Years of Experience

• 7+ years of experience within the trading process in a fiduciary environment, college education strongly preferred and participation in Chartered Financial Analyst (CFA) program or MBA program preferred.

Competences/Knowledge

• Knowledge of investment instruments, general industry practices, market structures, execution and measurement techniques, trust trading guidelines, regulatory environment and specific securities laws and regulations.
•  Knowledge of the context in which trading activity occurs (i.e., favorable and unfavorable effects of various transactions on stock price, etc.), acquired through work experience, to execute trades with minimal market impact.
• Experience with trading order management systems (OMS) and execution management systems (EMS) including Aladdin, Trition, Flextrade, Portware, FXall and FX Connect

• Technical Skills: Familiarity in Python, Snowflake, or with data visualization software (including Power BI or Tableau) a plus.

Product Knowledge:

• Strong understanding of APAC equity, FX, or structured products.

Education:

• Bachelor’s degree in Finance, Mathematics, Engineering, or a related quantitative.  MBA or CFA preferred.

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 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 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.