Consultant, Capital Markets Operations

Northern Trust • Chicago, IL

8d • $67,500 - $111,500 • Hybrid

About The Position

The Consultant, Capital Markets Operations performs assigned capital markets asset-servicing activities across brokerage operations, which may include cashiering, asset movement, transfers of assets, DRS/DWAC transfers, Alternative Investments servicing, and related internal tasks. The role supports institutional and wealth brokerage clients, completes work accurately and on time under established procedures and controls, and provides assistance with client and operational requests. It analyzes transaction, settlement, reconciliation, account, and operational information to resolve straightforward issues, while monitoring timelines, service expectations, and control requirements. The position also contributes to team deliverables, maintains working relationships with peers and stakeholders, identifies practical process improvements, and may provide informal guidance to newer team members.

The role follows a hybrid working model, with time split between the office and working from home. A bachelor's or university degree is required, along with typically 3 or more years of relevant experience in capital markets, brokerage operations, trade support, or a related operational environment. FINRA license 99 is required in the U.S.; licenses 7 and 63 are preferred, or the ability to obtain them within 90 days.

Requirements

• Bachelor's or university degree.
• Typically 3 or more years of relevant experience in capital markets, brokerage operations, trade support, or a related operational environment.
• U.S. FINRA license 99 is required.
• Expanded conceptual knowledge of brokerage principles, practices, procedures, and systems within the assigned discipline and capital markets operations area.
• 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 the 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 procedure documentation, and support practical, policy-aligned solutions.
• Applicants must be authorized to work in the U.S. without employment-based visa sponsorship now or in the future.

Nice To Haves

• FINRA licenses 7 and 63 are preferred, or the ability to obtain them within 90 days.
• Equivalent experience and role-specific certifications or licenses may be considered where applicable.

Responsibilities

• Perform assigned capital markets asset-servicing activities across brokerage operations, potentially including cashiering, asset movement, transfers of assets, DRS/DWAC transfers, and Alternative Investments servicing.
• Complete work accurately and timely 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 the assigned brokerage operations area and with outside vendors, escalating complex matters as appropriate.
• Analyze transaction, settlement, reconciliation, client, account, or operational information and apply technical experience, judgment, and precedent to resolve straightforward problems.
• Monitor progress against processing timelines, service expectations, and control requirements; communicate status 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 broader team goals.
• Review transactions, positions, cash activity, data, documents, exceptions, and account records for accuracy, completeness, consistency, and compliance with established controls.
• Share information, coordinate assigned activities, follow through on commitments, and help resolve routine processing and exception-related issues.
• Build working relationships with peers, managers, related operations teams, and other 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.

Benefits

• Retirement benefits, including 401(k) and pension.
• Health and welfare benefits, including medical, dental, vision, spending accounts, and disability coverage.
• Paid time off.
• Parental and caregiver leave.
• Life and accident insurance.
• Other voluntary and well-being benefits.
• Discretionary bonus program that may include an equity component.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level