Sr Consultant, Product Control, Hedge Fund Services

Northern Trust • Chicago, IL

1d • Hybrid

About The Position

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

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 is required
• A College or University degree and/or relevant proven work experience is preferred.

Nice To Haves

• Related Industry qualification (e.g. ACCA) is preferred

Responsibilities

• Manages the daily P&L and valuation process covering various cash securities and derivative products.
• Prepares daily P&L and risk reports, as well as P&L attribution and explanation to clients.
• Prepares and manages monthly (or more frequently as required) price verification process and associated reporting.
• Manages any necessary model review process and associated documentation.
• Coordinates monthly close process with corporate/fund accounting.
• Engages with clients and valuation vendors to complete review of new products.
• Prepares presentations and analysis as required on trading strategies, process improvement, and valuation analysis.
• Designs and implements process improvements to improve daily P&L and price verification process.
• Operates independently; has in-depth knowledge of business unit / function.
• As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.
• Carries out activities that are large in scope, cross-functional and technically difficult.
• Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.
• Strategic in developing, implementing and administering programs within functional areas.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level