Team Lead, Fund Accounting

Northern Trust • Chicago, IL

78d

About The Position

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. The role will require the ability to deal confidently and articulately with internal and external counterparties
• Analytical and problem solving skills are required
• Leadership and organizational skills are needed to prioritize assignments and provide feedback to staff
• Ability to set priorities and manage deadlines, escalating issues where necessary
• Good team player, self-starter, flexible, with the ability to work under pressure with minimal supervision
• A College or University degree and/or relevant work experience is required
• Experience of Fund Accounting is required

Nice To Haves

• Supervisory experience is desirable

Responsibilities

• Responsible for work-flow distribution and the effective use of resources within the team
• Responsible for ensuring accurate completion of NAVs for multiple Unit Trusts and common Investment Funds
• Monitors monthly reporting for onward transmission to the Trustees and ensures accuracy of reports prepared for regulatory agencies
• Provide on the job technical training and coaching for all team members and brief staff regularly on issues relating to work carried out by the team and new initiatives
• Organize the work of the team, assign tasks, set short-term priorities, monitor all activities and ensure timely and accurate completion of the work
• Ensure all procedures are kept up to date and are adhered to on a daily basis
• Assist the Team Manager in establishing goals and objectives for the team
• Generate process and system enhancement ideas and co-ordinate the introduction of these changes with supporting documented procedures
• Conducts performance management and career development processes, and staffing and disciplinary actions

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
• Number of Employees: 501-1,000 employees