Options Trader at Northern Trust

Chicago, Illinois, United States

Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Investment ManagementIndustries

2-4 years of options trading experience
College or University degree
Series 7 and 63 licenses required
Knowledge of investments, including terminology, instruments, general industry practices, market structures, execution techniques, regulatory environment, and relevant securities laws (usually acquired through on-the-job experience or a four-year degree)
Knowledge of the context in which options trading activity occurs (acquired through work experience)
Ability to respond to market events and make quick decisions

Executes option trades with minimal market impact
Ensures that trade orders are executed fairly and equitably (e.g., prompt execution without bias toward originating source)
Works with clients on idea generation and strategy implementation
Apprises portfolio managers and other appropriate parties of relevant information affecting securities prices (e.g., trading volume)
Ensures that trades settle properly
Maintains daily broker contact to conduct options trading
Responds to client and partner inquiries as needed
Maintains up-to-date knowledge of applicable rules and regulations governing investments and trading
Adheres to trading procedures and protocols
Continues to enhance knowledge of markets and tools provided to execute