Analyst, Trade Settlements

Analyst, Trade Settlements

Chicago, IL

Description

About Us: Headquartered in Chicago, Performance Trust Capital Partners, LLC is an investment bank that combines Wall Street scale with the agility of an independent, employee-owned firm. We help financial institutions uncover overlooked opportunities, navigate complexity, and make decisions grounded in insight—not impulse. Our work is focused on long-term impact and relationships built on what matters most: trust and enduring performance.

About the Position: Performance Trust Capital Partners is seeking an Analyst for our Trade Operations (Trade Ops), Settlements group. The Trade Settlements team ensures accurate and efficient processing, support, and resolution for trade and settlement processes in a fast-paced and dynamic environment. We are pursuing candidates with strong customer service and analytical skills to be an integral member of our collaborative team.

This individual will work closely with business lines and clients to manage trade settlements, post settlement breaks as well as special handling requests from the trade desk. We are seeking a candidate based in Chicago, IL. This role operates on Central Time, with core working hours of 7:45 a.m. – 5:15 p.m. CT.

Please Note: While we love connecting with curious candidates, we want to be transparent that informal conversations with our team do not factor into hiring decisions. The best way to move forward is to apply directly as we review every application carefully.

Specifically, this individual will be responsible for the following:

Own and lead the daily factor and coupon update (FCU) process end-to-end

Own and lead the daily collateral margin management under FINRA Rule 4210

Identify, research, and communicate FCU and collateral margin management discrepancies; coordinate resolution with counterparties, clients, and internal teams

Maintain and continuously improve process documentation and checklists for FCU and collateral margin management

Manage multiple customer and business line inquiries in a fast-paced, time-sensitive environment

Monitor and action open items in alignment with the daily task tracker and process guide

Support general email, reporting, and ad hoc business processes on a daily and monthly basis

Build and maintain internal and external relationships; communicate effectively to deliver excellent client service

Proactively identify issues and propose solutions in day-to-day operations

Provide timely updates and escalate issues to the team manager

Cross-train with other areas within Clearing and Settlements

Align with the settlements team manager on new tasks as the department expands

Perform other duties as required

Requirements

We are seeking candidates with the following qualifications:

Bachelor’s degree: Finance or Business preferred

Excellence in written and oral communication

Possess a strong attention to detail and demonstrates accountability and commitment to delivering high-quality work

Knowledge of basic accounting principles and familiarity with financial markets and instruments

1-3 years’ industry experience, ideally in middle office or back-office operations

Proficiency in Microsoft Office (namely excel), some experience with Bloomberg preferred, not required

Prior experience with Pershing NetX360 is a plus

Oriented toward optimization and efficiency in process

License(s) Requirement: FINRA SIE and Series 7 licensed within 120 days of hire date

Candidates must be eligible to work permanently in the United States without sponsorship

Featured Benefits

Health Coverage

Medical, Dental & Vision Insurance (administered through a national carrier such as Blue Cross Blue Shields )

Prescription Drug Plans

Pre-Tax Flexible Spending Account (Health and Dependent Care) (FSA)

Health Savings Account (HSA)

Time Off & Work-Life Benefits

Vacation/Personal Days + Holidays

Financial & Income Protection Benefits

PT Retirement

Mission-Driven Employee Stock Ownership Plan

Voluntary Life Insurance + Long-Term Disability Insurance

Wellness & Everyday Support

Discounted Fitness Memberships (Free membership for Chicago office)

Pre-Tax Commuter Benefits – Transit & Parking

Mental Health support through company provided Employee Assistance Program

Employee recognition programs (PT Rewards and Annual Awards)

Compensation: The base salary range for this position is $70,000-$85,000. This is an estimated range based on the circumstances at the time of posting, however, may change based on a combination of factors, including but not limited to skills, experience, education, market factors, geographical location, budget, and demand. This position is also eligible for a bonus component that would be dependent on pre-defined performance factors.

All compensation determinations are based on the skills and experience required for the position and commensurate with experience of selected individuals, which may vary above and below the stated amounts.

For Recruitment Agencies: As our recruitment is primarily handled in-house, we work only occasionally with external agencies, and only those on our existing, pre-approved vendor list. At this time, we are not reviewing or expanding that list. Unsolicited agency resumes, emails or other channels of outreach will not be reviewed. Unsolicited resumes or submissions from external agencies not authorized by our Talent Acquisition team will be considered direct candidate applications. As such, Performance Trust will not assume responsibility for any placement fees associated with these submissions.

Outreach to individual employees outside this process will result in permanent removal from consideration for any future approved vendor relationship.

Salary Description

$70,000-$85,000

• Bachelor’s degree in Finance or Business preferred, with 1-3 years industry experience in middle or back-office operations
• Strong communication skills, attention to detail, knowledge of accounting principles, and familiarity with financial markets
• FINRA SIE and Series 7 licenses required within 120 days of hire; U.S. work authorization without sponsorship