Job Description

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.

Job Title: Sr. Consultant, Cash & Collateral Services, HFS

HFS Overview:

Northern trust hedge fund services offers world-class, scalable technology and dedicated expertise to serve hedge funds and large institutional investors with complex portfolios and product types. The business provides comprehensive middle office and administration services, including trade processing, asset servicing, valuation and profit and loss reporting, cash and collateral management, reconciliations, accounting and NAV calculations and investor servicing and reporting.

Position Overview:

The successful candidate is a mature self-starter with an entrepreneurial spirit and team focus and is able to function independently work in a fast-paced, dynamic and demanding environment. He/she adds value by working on a number of simultaneous tasks/projects with minimal supervision while paying strong attention to detail. A familiarity with Treasury functions and strong communication skills is extremely beneficial.

The key responsibilities of the role include:

·     Support Client SLA’s; which include Cash-flow processing, daily reconciliations of bank and custody account activity, margin reporting across prime broker accounts, and  timely interaction with shared service teams.

·   Collate and document “application” feedback from internal / external users to help support work-flow changes where needed.  Present findings to management 

·       Serve as a liaison to other shared service teams and ensure all daily processing from a Cash and FX perspective are completed daily

·       Assist in further development of a scalable, controlled and transparent application across NT’s Treasury platform

·       Effectively communicate with IT to test and implement system enhancements

·       Help Identify potential Treasury service offerings that would complement our HFA offering.  Perform the appropriate analysis and present findings to the team and management.

·       Accurately define business requirements for IT projects and enhancements as needed.

The successful candidate will benefit from having:

Qualifications (Desired)   

·       An entrepreneurial spirit, someone who is willing to build something from the ground up.

·       Experience working with system development testing/verifying accuracy of reports.

·       Awareness of system work-flows; and related application dependencies

·       Excellent communication skills; both written and verbal

·       Experience with excel modeling; if/then statements, V-lookups etc.

·       3-5 years of experience; working within a Treasury related functions is a plus.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve!?Join a workplace with a greater purpose.