Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Senior Trader, Brokerage

$160.1k - $272.3k

CFA Institute

About Northern Trust As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service. Senior Trader- Brokerage The Senior Trader is responsible for the execution and oversight of institutional equity trading activity across the Americas, including single-stock orders, portfolio trades, block executions, index rebalances, and other complex trading strategies. The role requires advanced execution judgment, deep market structure expertise, and the ability to operate autonomously within established best execution, risk, and control frameworks. The Senior Trader serves as a subject matter expert on equity execution practices, market dynamics, and trading workflows while providing trusted guidance to clients, sales teams, and internal stakeholders. Key Responsibilities Execute institutional equity orders across a broad range of strategies, including single-stock, portfolio, block, and index-related transactions, while meeting client instructions and best execution standards. Determine the appropriate execution approach, broker strategy, algorithm selection, and venue strategy based on market conditions, liquidity characteristics, and risk considerations. Partner closely with key external and internal stakeholders to ensure seamless trade flow, accurate communication, and efficient execution. Monitor execution quality and trading outcomes, proactively identify risks, exceptions, or operational issues, and *escalate* concerns with urgency and sound judgment. Operate within trading limits, entitlements, and control frameworks while maintaining compliance with firm policies, client mandates, and regulatory requirements. Support audit, compliance, and regulatory reviews through clear documentation of execution decisions, trading rationale, and outcomes. Utilize pre-trade and post-trade transaction cost analysis (TCA) to inform execution strategy, evaluate results, and assess broker and venue performance. Contribute to the ongoing enhancement of trading workflows, technology platforms, execution processes, and control frameworks to improve efficiency and execution quality. Develop and maintain strong relationships with institutional clients, brokers, and market participants, serving as a trusted advisor on execution strategy, market conditions, and trading outcomes. Serve as a subject matter expert on equity market structure, execution venues, trading technologies, and best execution practices for clients and internal partners. Qualifications & Experience College degree or equivalent experience. 7+ years of institutional equity trading experience, including responsibility for executing large and complex equity orders across varying market conditions. Strong understanding of equity market structure, liquidity dynamics, execution venues, algorithmic trading strategies, and best execution requirements. Demonstrated ability to manage significant trading activity while balancing client objectives, execution quality, risk management, and operational discipline. Proven track record of exercising sound execution judgment in fast-moving and volatile market environments. Experience analyzing and interpreting transaction cost analysis (TCA), execution metrics, and performance data to improve trading outcomes. Strong communication and relationship management skills, with the ability to discuss execution strategy, market conditions, and trading performance with institutional clients and senior stakeholders. Established institutional client and broker relationships are preferred. CFA, MBA, or similar advanced credentials are a plus, along with proficiency in leveraging data and analytics to support trading decisions and execution performance evaluation. FINRA Series 7, 57, and 63 licenses required. Salary Range

$160,100 - 272,300 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component. Work Authorization Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E‑3, H‑1B1, F‑1, J‑1, OPT, CPT or any other employment‑based visa). Working with Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities. Reasonable Accommodation Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at View email address on click.appcast.io , or alternatively you can discuss your individual requirements with the recruiter you are working with. #J-18808-Ljbffr CFA Institute

Vacancy posted 3 days ago
Similar jobs that could be interesting for youBased on the Senior Trader, Brokerage in Chicago, IL vacancy
  •  ...sophisticated clients using leading technology and exceptional service. Trader, Brokerage Job Summary The Trader is responsible for executing and...  ...stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for... 
    Suggested
    Full time
    H1b
    Worldwide
    Flexible hours

    Northern Trust

    Chicago, IL
    2 days ago
  •  ...Venture Search is partnered with an leading proprietary trading firm looking for an experienced trader for their US Rates business. The successful candidate will focus on trading and managing risk across the US interest-rate swaps (IRS) market, working closely with the... 
    Senior
    Full time

    Venture Search

    Chicago, IL
    3 days ago
  •  ...publishes the Crown Macro Letter and the Crown Macro Desk, which deliver institutional-grade macro analysis to professional and active traders. The firm is built on a simple premise. Disciplined process, rigorous risk management, and clear thinking compound over time.... 
    Senior
    Full time

    The Crown Macro Letter

    Chicago, IL
    1 day ago
  • Northern Trust seeks a Senior Trader- Brokerage to lead execution and oversight of institutional equity trading across the Americas. You will drive best execution, manage complex orders, and collaborate with clients, sales, and internal teams to optimize outcomes. Role... 
    Senior

    015 Northern Trust Securities, Inc

    Chicago, IL
    4 days ago
  • Northern Trust is seeking a Senior Trader- Brokerage to oversee institutional equity trading across the Americas, including single-stock orders, portfolio trades, block executions, and index-related strategies. The role demands advanced execution judgment, deep market-... 
    Senior

    CFA Institute

    Chicago, IL
    3 days ago
  •  ...; we work hard, learn constantly, and relentlessly improve our expertise. Description We are seeking an experienced Mortgage Trader to join our trading team. You will be responsible for risk management and trading across a variety of mortgage products on the current... 
    Senior
    Full time
    Work at office

    TransMarket Group L.L.C.

    Chicago, IL
    2 days ago
  •  ...relentlessly improve our expertise. Description Our Quantitative Traders are passionate about improving the global economy by...  ...inefficiencies and manage risk in the world’s financial markets. Our Senior Traders benefit from the resources and scale that our group can... 
    Senior
    Full time
    Work at office

    Tradermath

    Chicago, IL
    2 days ago
  •  ...relentlessly improve our expertise. Description Our Algorithmic Traders use their expert understanding of the financial markets and...  ...trading software and build and improve trading strategies. Our Senior Traders benefit from the resources and scale that our group can... 
    Senior
    Full time
    Work experience placement
    Work at office

    Tradermath

    Chicago, IL
    3 days ago
  •  ...Senior Index Trader — SPX Options Market Making Chicago, IL | Full-time | On-site Hiring for a fast-growing electronic options market maker in Chicago. Small team, flat structure, real P&L ownership from day one. The Role Manage pricing and positions for... 
    Senior
    Full time

    Fionics

    Chicago, IL
    3 days ago
  •  ...Senior Mid-Frequency Quantitative Trader Who We Are Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world... 
    Senior
    Full time

    TransMarket Group L.L.C.

    Chicago, IL
    2 days ago
  • $225k - $250k

     ...communities to which we belong. Started in 1995 by a team of forward‑thinking traders, we are proud to call ourselves an industry leader that keeps making markets and each other better. Senior Quantitative Trader – Responsibilities Lead the full research lifecycle —... 
    Senior
    For contractors
    Fixed term contract
    Worldwide

    Chicago Trading Company

    Chicago, IL
    2 days ago
  • $120k - $180k

     ...intelligent and motivated colleagues inspire each other to reach their greatest potential.Tower seeks an experienced Index Options Trader.Responsibilities:Managing a portfolio of listed options productsCollaborating with other traders and quantitative researchers to optimize... 
    Senior
    Temporary work
    Casual work
    Work at office

    Tower Research Capital

    Chicago, IL
    6 days ago
  • A leading trading firm is seeking a Senior Index Volatility Trader to enhance their volatility trading strategies. Responsibilities include maximizing revenue through mispricing, managing market risks, and collaborating with a dynamic team. Candidates should have at least... 
    Senior

    IMC Trading

    Chicago, IL
    2 days ago
  • TransMarket Group is a Chicago-based proprietary trading firm seeking Senior Traders focused on corporate bonds. You will apply quantitative modeling and risk management to manage real-time execution and improve trading strategies. The role emphasizes collaboration with... 
    Senior

    TransMarket Group L.L.C.

    Chicago, IL
    2 days ago
  • TransMarket Group in Chicago, IL, is seeking a Senior Quant Trader with a proven track record in corporate bonds to join our on-site trading desk. You will lead quantitative research, develop models, and drive risk-managed strategies. You will collaborate with Senior and... 
    Senior

    Tradermath

    Chicago, IL
    4 days ago
  • A leading trading firm is seeking an Experienced Trader to join their elite team. This role is designed for highly skilled professionals with a strong track record in trading. Candidates will have the autonomy to devise personalized trading strategies while benefiting... 
    Senior
    Remote job

    T3 Global

    Chicago, IL
    3 days ago
  • TransMarket Group in Chicago is seeking a Senior Quant Trader to join our on-site desk. You will apply quantitative modeling, risk management, and execution expertise to translate insights into profitable trading strategies across multiple markets. The ideal candidate holds... 
    Senior

    TransMarket Group L.L.C.

    Chicago, IL
    2 days ago
  •  ...arbitrage strategies and trading software, leveraging C++, Python, and Linux scripting to build robust, production-grade solutions. The Senior Trader role combines advanced trading, research, and team leadership, with opportunities to guide junior traders and influence... 
    Senior

    Tradermath

    Chicago, IL
    3 days ago
  • $175k - $250k

    Join to apply for the Senior Index Volatility Trader role at IMC Trading This range is provided by IMC Trading. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $175,000.00/yr - $250,000.00/yr Overview... 
    Senior
    Full time
    Temporary work

    IMC Trading

    Chicago, IL
    23 hours ago
  •  ...relentlessly improve our expertise. Description Our Quantitative Traders are dedicated to enhancing the global economy by facilitating...  ...and managing risk in the world's financial markets. As a Senior FX Futures and Spot Trader, you'll leverage the firm's robust capital... 
    Senior
    Full time
    Work at office

    TransMarket Group L.L.C.

    Chicago, IL
    2 days ago
  • Job Title: Experienced Trader (Remote) Location: New York, NY; San Francisco, CA; Chicago, IL; Boston, MA; Miami, FL; Washington, DC T3 Trading Group, LLC is an SEC-registered broker-dealer & member of FINRA/SIPC. We are recruiting experienced proprietary traders and... 
    Senior
    Remote job
    Work at office
    Night shift

    T3 Trading Group

    Chicago, IL
    3 days ago
  •  ...Full-Time | Blue Arena & The Ranch Events Complex Mid. Intelligence Management Specialist- Facilities with Security Clearance Senior Collection Strategist with Security Clearance Principal Investigator (Terrestrial Archaeology - New Mexico) Parts and Service... 
    Senior
    Full time
    Remote work
    Relocation package

    Chicago Trading Company

    Chicago, IL
    2 days ago
  • TransMarket Group in Chicago seeks a Senior Algorithmic Trader to lead automated trading initiatives. You will develop, test, and maintain strategies using C++, Python, and Linux scripting within a fast-paced, highly technical environment. You will mentor Junior Traders... 
    Senior

    TransMarket Group

    Chicago, IL
    2 days ago
  • Fionics is seeking a Senior Index Trader for SPX Options Market Making in Chicago, IL. This full-time, on-site role involves managing pricing and positions, designing systematic strategies, and building algorithmic models. Candidates should have over 3 years of experience... 
    Senior
    Full time

    Fionics

    Chicago, IL
    2 days ago
  • $185k - $225k

     ...Flow Traders is looking for Senior C++ Software Engineers to join our growing team in New York or Chicago. Software Engineers at Flow Traders provide us with our competitive edge, equipping Researchers and Traders with the information and capabilities that they need to... 
    Senior
    Local area
    Immediate start

    Tradermath

    Chicago, IL
    2 days ago
  • DRW is a diversified trading firm seeking a US Equity Index Trader to join the US Options Trading team in Chicago. You will actively trade US index and equity options, manage positions and risk, and analyze market flows to identify opportunities. The role emphasizes disciplined... 
    Senior

    DRW Holdings, LLC.

    Chicago, IL
    3 days ago
  • $175k - $250k

     ...expansion and we continue to improve our options pricing, particularly in the volatility space. IMC is highly collaborative between traders, quants, and developers so the scope of responsibility involves working with others to identify and describe mispricings, interact... 
    Senior
    Permanent employment
    Full time
    Temporary work
    Immediate start

    IMC B.V.

    Chicago, IL
    3 days ago
  •  ...Pearlstein, LLC in Chicago seeks a Corporate Associate with 3+ years of sophisticated M&A transaction experience in the insurance brokerage industry to join our growing Corporate Practice Group. This position offers remote work eligibility. We handle $10 million to $1 billion... 
    Senior
    Remote job

    Levenfeld Pearlstein, LLC

    Chicago, IL
    2 days ago
  • Redwood Logistics LLC is seeking a Senior Product Manager for the Brokerage Platform to own and evolve the platform capability roadmap. You will partner with Brokerage Operations, Pricing, Engineering, Architecture, and Data Science to translate business priorities into... 
    Senior

    Redwood Logistics LLC

    Chicago, IL
    1 day ago
  • $170k - $250k

    A global proprietary trading firm in Chicago is seeking an Equity Options Trader to design systematic trading strategies for equity options and build quantitative models. Candidates must have at least 4 years of experience in the field and proficiency in Python or C++.... 
    Senior
    Full time

    Old Mission

    Chicago, IL
    23 hours ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Senior Trader, Brokerage. Be the first to apply!