Note: The job is a remote job and is open to candidates in USA. Northern Trust is a global leader in innovative wealth management and banking services. The role involves managing the middle office trade support functions, ensuring accurate and timely processing of trades and reconciliations for hedge funds and institutional investors.
Responsibilities
- Perform daily review of reconciliations and execute controls to analyze and understand all security and cash position differences related to reconciliations
- Efficiently coordinates break resolution process between client, operations teams, and custodian banks
- Affirmation/Confirmation of equity & fixed income securities in US and International Markets
- Manage the settlement of various securities by liaising with brokers and addressing discrepancies in SSIs and trade details
- Review and monitor trading activity to ensure accurate trade details are submitted to the market
- Ensure accuracy of transaction agreements and modifications
- Works closely with implementation team to ensure seamless handoff and setup of new client accounts
- Assists with project work related to increasing efficiency and improving control environment
- Prioritize time accordingly to action trade breaks by end of day
- Effectively address a number of internal and external audiences in a professional manner
- Assist in the training of personnel internationally
- Perform other related duties as required
Skills
- Minimum Bachelor's Degree or relevant proven work experience
- Proficiency in Microsoft Excel and Word
- Excellent oral and written communication skills
- Excellent analytical skills
- Creative problem solving skills
- Excellent people skills: ability to dynamically act as knowledgeable point of reference to co-workers domestically and internationally
- Highly flexible and adaptable to change
- Ability to handle multiple tasks under time sensitive conditions
- Intellectually curious, intuitive, trustworthy, and have the highest ethical standards
- Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future
- Bachelor's Degree (Finance, Accounting, and Economics preferred)
- 1-3 years of experience in financial services industry
Benefits
- 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
- Other voluntary and well-being benefits
- Discretionary bonus program that may include an equity component
Company Overview