Analyst, MO Trade Proc HFS

Northern TrustChicago, IL
$48,000 - $72,000Onsite

About The Position

Northern Trust is a global leader in innovative wealth management, asset servicing, asset management and banking services. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. 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. 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. Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Requirements

  • Excellent oral and written communication skills are required
  • In-depth Functional / Industry Knowledge is required
  • Highly flexible and adaptable to change
  • Technical skills / systems knowledge (e.g. PeopleSoft) is required
  • 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).

Nice To Haves

  • A College or University degree and/or relevant proven work experience is preferred.
  • Related Industry qualification (e.g. ACCA) is preferred.
  • May be entry level.

Responsibilities

  • Analyzes and understands all security and cash position differences related to reconciliations.
  • Coordinates break resolution process between client, operations teams and custodian banks.
  • Works closely with implementation team to ensure seamless handoff and setup of new client accounts.
  • Performs daily review of reconciliations and execute controls.
  • Assists with project work related to increasing efficiency and improving control environment.
  • Carries out activities with financial, client, and/or internal business impact.

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.
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