Trading Operations Associate
connect searchChicago, IL
Trading Operations Associate
connect searchChicago, IL
yesterday
Occupations
Securities, Commodities, and Financial Services Sales AgentsBrokerage ClerksBusiness Operations Specialists, All OtherIndustries
Investment Banking and Securities IntermediationMiscellaneous Financial Investment ActivitiesPortfolio Management and Investment AdviceAbout the role
The Opportunity:
This Trading Operations seat acts as an operational partner to investment teams across two business lines, handling end-to-end trade processing: entry, allocation, confirmation, communication, and settlement. The work goes beyond daily execution. The firm is midway through an operational integration between the two business lines, and this person will lead initiatives to raise straight-through processing rates, streamline workflows, and evaluate technology supporting that effort. Expect close partnership with technology on designing, spec'ing, testing, and delivering new system functionality. The seat reports to an SVP on the Operations team. What You'll Own Primary trade operations coverage for multiple credit strategies: staging, booking, and allocating fixed income, equity, and bank debt transactions across accounts, funds, and SPVs per PM and trading allocation guidelines Dedicated support across a second set of trade processing workflows, plus active contribution to integration initiatives harmonizing processes and systems across both business lines Proactive communication and issue resolution with traders, accounting, reconciliation, and other stakeholders on trade processing discrepancies Monitoring of trade lifecycle activity to ensure timely communication to counterparties, custodians, and downstream systems against settlement deadlines End-to-end processing of bespoke and privately negotiated settlements Resolution of escalated settlement failures and exceptions with custodians, counterparties, and internal teams Continuous improvement work to increase STP rates across both business lines Reinforcement of escalation protocols so operational risks surface and resolve per firm policy Cross-coverage to maintain continuity of trade processing without service disruption Partnership with technology on business requirements, functional specs, testing, and deployment Operational procedures, documentation, and structured training and knowledge transfer Relationship building across investment teams, technology, finance, compliance, custodians, and counterparties
What You Bring:
Bachelor's degree required 4+ years of investment operations experience with demonstrated expertise across derivatives, collateral management, regulatory reporting, and multi-asset trade settlement Experience with industry-standard trade utilities and protocols including CTM, ALERT, SWIFT, FIX, and VCON, plus familiarity with relevant market agreements and regulatory frameworks Strong quantitative and analytical skills, with the ability to assess complex operational data, identify root causes, and implement data-driven improvements Exceptional communication with both technical and non-technical audiences Self-starter who operates independently with sound judgment and stays composed across concurrent priorities Compensation Competitive base salary plus discretionary bonus. Comprehensive benefits package.
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JOB OVERVIEW
Experience level
Senior
Location
Chicago, IL
Occupation
Securities, Commodities, and Financial Services Sales Agents
Industry
Investment Banking and Securities Intermediation
Posted
yesterday
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