Harris Associates L.P. Trading Operations Representative in Chicago, Illinois

You will be trained in all aspects of investment and trade operations and will be responsible for daily core operational tasks supporting the equity and fixed income trading desks. You will collaborate with external parties including custodians, broker/dealers, and prime brokers to monitor and resolve trade settlement issues including FX settlements, and internal parties including traders and operations staff to ensure successful trade processing, matching, and settlement. You will be responsible for preparing and distributing failed reports, facilitating error resolution, new broker onboarding, system configuration, and handling of end of day responsibilities.This position requires participation in the overnight on call support rotation, which includes working some US holidays, in order to provide support to the trading desk.

Duties & Responsibilities:

  • Perform daily domestic and international trade confirmations and settlements including equities, fixed income, mutual funds, options and FX

  • Monitor, reconcile, and identify trade exceptions such as failed and unmatched trades using DTCC, BBH/Omgeo Connect System and GTSS and collaborate with broker/dealers, custodians, and traders to resolve issues on a timely basis

  • Generate and distribute daily & monthly trading activity reports

  • Develop an in-depth knowledge of Charles River’s Trade Order Management System, Omgeo Connect Trade Communication and Management Systems and all other systems necessary to carry out daily responsibilities

  • Maintain and monitor the processing of all swift messages and trade reports sent from the BBH/Omgeo Trade Communication and Management System

  • Onboard new brokers, including system set-up for commission, fees and routing and maintain exchange-level fee data and commission schedules, and process updates due to market changes and regulation requirements

  • Facilitate the onboarding of new 3rd Party FX relationships including direct interaction with the Legal department to ensure adherence to Dodd Frank protocols.

  • Develop and maintain a working familiarity with applicable laws, regulations, and market practices governing security clearance and settlements

  • Facilitate the onboarding of new account and new custodian relationships and set-up in all relevant Harris systems including SWIFT BIC testing

  • Facilitate the trade error resolution process by working with internal and external parties to provide correcting trade instructions and oversee proper settlement in the firm’s error account

  • Create, maintain, and help to improve operational processes and procedures

  • Participate in projects and complete other special duties as assigned



  • Ability to work US Holidays as needed

  • Ability to work on-call overnight as part of a trade support team for the AsiaPac traders

  • Solid verbal and written communication skills

  • Excellent attention to detail with a high degree of accuracy

  • Proficient in MS Excel and MS Word

  • Ability to coordinate and prioritize multiple tasks simultaneously in a rapidly changing environment

  • Self-starter with the ability to solve complex problems

  • Strong client service skills

  • Team-oriented

  • Excellent trouble shooting and problem solving skills


  • Experience with trade support, securities clearance, and settlement processes

  • Experience with the Omgeo product suite including Connect, Alert, Oasys, or CTM

  • Experience with a trade order management system (preferably Charles River)

  • Experience supporting a trade desk

  • User Acceptance Testing (UAT) for projects

  • Knowledge of DTCC and/or overseas market practices

  • Knowledge of SWIFT

  • Expertise in Excel including V-Look up, pivot tables, and macro creation

  • Experience with Dodd Frank regulation

  • Experience with error processing

Special Requirements:

Due to the need for this role to participate with a team to support the International trade desk , this individual will be required to work outside of normal US business hours and to work on US holidays; therefore, scheduling flexibility is highly important. In order to accommodate peak trade volumes and/or market conditions, this individual must be able to work past the end of their scheduled work day until all end-of-day processes have been completed. When required by trading volume and/or market conditions, this individual must be able to work through the day without taking extended breaks.