Northern Trust

Derivatives Solutions Lead

Northern Trust$191K — $335K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of investment industry experience
  • 5+ years of experience as an Overlay PM or in a PM role with derivatives expertise
  • Knowledge of modern portfolio theory and experience using an optimizer and risk model
  • Familiarity with tools like Aladdin, MSCI Barra or Axioma
  • Strong written and verbal communication skills for effective presentations
  • Bachelor's degree required
  • Advanced degrees like MBA or CFA are advantageous.

Responsibilities

  • Develop and implement customized multi-asset hedging solutions for clients
  • Drive operational capabilities across various derivative products
  • Manage client portfolios and establish processes to mitigate operational risk
  • Present overlay solutions to potential clients to enhance market share
  • Collaborate with cross-functional teams to establish operational support for derivatives trading
  • Review performance metrics to assess and refine investment strategies
  • Work closely with the Global Trade Desk to implement derivative strategies
  • Engage with sell-side partners to stay updated on market trends and generate investment ideas
  • Provide insights on industry innovation and regulation to clients and internal teams
  • Lead an overlay implementation team to design and execute hedging strategies.

Benefits

  • Comprehensive retirement benefits including a 401k and pension
  • Health and welfare benefits including medical, dental, and vision insurance
  • Generous paid time off policy
  • Parental and caregiver leave
  • Life and accident insurance
  • Discretionary bonus program potentially including equity components
  • Access to various voluntary and well-being benefits.
Full Job Description

Summary

The Derivatives Solutions Lead will be responsible for leading NTAM’s Overlay business and driving its growth. In this role, the person will work with distribution and trading to bring a derivative solutions platform to clients to meet their investment goals. The Overlay team will be required to develop, implement, and manage hedging strategies across equity, rates, currency, credit and commodity asset classes.

Responsibilities

  • Develop, structure and implement customized multi-asset hedging solutions for clients to achieve investment goals.
  • Drive operational capabilities across a full complement of derivative products.
  • Oversee the management of client portfolios and establish investment processes and operational controls that efficiently manage portfolio exposures and mitigate operational risk.
  • Present overlay solutions capabilities and services to prospective clients and drive NTAM’s growth in market share.
  • Collaborate with operations, reporting and performance to establish a support model which provides the required operational processes for derivatives trading and client reporting.
  • Review client performance and attribution to determine the effectiveness of the current investment process and implementation strategies and formulate any necessary changes to be enacted going forward.
  • Work with the Global Trade Desk to effectively and efficiently implement derivative overlay strategies.
  • Engage with sell-side coverage to further understanding of market developments and to source investment ideas.
  • Provide expertise and insights regarding derivative industry innovation and regulation to clients and internal partners.
  • Manage and foster an overlay implementation team which will research, construct and implement hedging strategies across asset classes.

Qualifications & Education

  • 10+ years of investment industry experience
  • 5+ years of experience as an Overlay PM or in a PM role where derivatives expertise has been attained.
  • Knowledge of modern portfolio theory and experience with utilizing an optimizer and risk model.
  • Experience with Aladdin, MSCI Barra or Axioma.
  • Excellent written and verbal communication skills and the ability to present ideas clearly and efficiently.
  • Bachelor's degree required.
  • MBA, CFA or other advanced degree is a plus.

Salary Range:

$191,900 - 335,700 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.

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

Similar Jobs

More Jobs at Northern Trust

More Finance & Insurance Jobs

Find similar Derivatives Solutions Lead jobs: