Consultant, Capital Markets Operations

Northern Trust•Chicago, IL

7d•Hybrid

About The Position

Northern Trust is hiring a Consultant, Capital Markets Operations to perform capital markets asset-servicing activities across brokerage operations. The role handles work such as cashiering, asset movement, transfers of assets, DRS/DWAC transfers, Alternative Investments servicing, and other internal tasks, ensuring accuracy, timeliness, and compliance with established guidelines, policies, procedures, and priorities. The Consultant supports institutional and wealth brokerage clients by processing work items and providing on-demand assistance. The position analyzes transactions and operational information, reviews records and exceptions, monitors progress against timelines and controls, and coordinates with colleagues and managers to resolve routine issues and deliver work on time. It also contributes to process improvements, documentation quality, and team deliverables, and may provide informal guidance to newer team members. The position follows a hybrid working model, with time split between the office and working from home. Applicants must be authorized to work in the U.S. without employment-based visa sponsorship.

Requirements

Bachelor’s/University degree.
Typically 3+ years of relevant experience in capital markets, brokerage operations, trade support, or a related operational environment.
FINRA Series 99 license required in the U.S.
Expanded conceptual knowledge of brokerage principles, practices, procedures, and systems within the assigned job discipline and capital markets operations area.
Ability to solve straightforward problems by analyzing options and applying technical experience, judgment, and precedent.
Understanding of how assigned work supports team, functional, or client objectives.
Working knowledge of brokerage or capital markets operations, including asset servicing, settlement, reconciliation, and related operational controls.
Awareness of applicable regional regulatory requirements and the importance of following established guidelines and policies.
Strong analytical and organizational skills, attention to detail, and ability to manage multiple priorities.
Effective written and verbal communication skills.
Ability to work independently on assigned responsibilities and collaborate effectively with others.
Ability to identify process-improvement opportunities, maintain high-quality procedure documentation, and support practical, policy-aligned solutions.
Applicants must be authorized to work in the U.S. without current or future employment-based visa sponsorship.

Nice To Haves

FINRA Series 7 and Series 63 licenses are preferred.
Ability to obtain the required licenses within 90 days.
Equivalent experience and role-specific certifications or licenses may be considered where applicable.

Responsibilities

Perform assigned capital markets asset-servicing operations across brokerage operations, including cashiering, asset movement, transfers of assets, DRS/DWAC transfers, Alternative Investments servicing, and additional internal tasks.
Complete work accurately and on time in accordance with established guidelines, policies, procedures, and priorities.
Support institutional and wealth brokerage clients by processing work items and providing on-demand assistance.
Build internal relationships within brokerage operations and with outside vendors, escalating complex matters when appropriate.
Analyze transaction, settlement, reconciliation, client, account, and operational information and use technical experience, judgment, and precedent to resolve straightforward problems.
Monitor processing timelines, service expectations, and control requirements; communicate status updates and coordinate with peers and managers to support timely delivery.
Apply knowledge of business drivers, brokerage and capital markets operations requirements, operational risk, and functional objectives to assigned work and team goals.
Review transactions, positions, cash activity, data, documents, exceptions, and account records for accuracy, completeness, consistency, and compliance with established requirements.
Coordinate assigned activities, share information, follow through on commitments, and help resolve routine processing or exception-related issues.
Build working relationships with peers, managers, related operations teams, and stakeholders to support coordination and issue resolution.
Identify opportunities to improve workflows, procedures, controls, documentation, or capital markets operations processes, and support practical solutions.
May provide informal guidance to newer team members on routine processes, tools, systems, documentation, brokerage operations activities, and day-to-day work.