Northern Trust is looking to solve issues related to daily reconciliation of transactions and positions for various securities, analyze and understand security and cash position differences, and coordinate break resolution processes to ensure seamless handoff and setup of new client accounts, while also improving efficiency and the control environment.
Requirements
- Technical skills / systems knowledge (e.g. Peoplesoft) is required
Responsibilities
- Daily reconciliation of transactions and positions for Equity, Corporate Bond, CMO, TBA, Pool, Bank Loan and private securities.
- Analyzes and understands all security and cash position differences related to reconciliations.
- Coordinates break resolution process between client, operations teams and custodian banks.
- Manages hand off process between India and Chicago reconciliation teams, and follow up on open issues.
- Works closely with implementation team to ensure seamless handoff and setup of new client accounts.
- Performs daily review of reconciliations and execute controls.
- Responsible for project work related to increasing efficiency and improving control environment.
Other
- Excellent oral and written communication skills are required
- In-depth Functional / Industry Knowledge is required
- Highly flexible and adaptable to change
- A College or University degree and/or relevant proven work experience is preferred.
- Related Industry qualification (e.g. ACCA) is preferred
