London, United Kingdom, United Kingdom
5 days ago
Consultant, Derivatives

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.

Role/Department

We are seeking a flexible and change-oriented Operations Consultant to join Northern Trust’s Collateral Management Team. The Consultant is responsible for administering core oversight and governance processes across global locations, being the first point of contact for urgent client queries whilst remaining flexible and light on their feet as the “go to” collateral expert internally for senior management and operational colleagues. The successful candidate will marry this core operational oversight and query management function with close collaboration with Derivatives Change Teams, working on projects driven by regulation, client requirements and Northern Trust strategic aims.

The ideal candidate will demonstrate strong attention to detail and have analytical and problem-solving abilities. The candidate should be a strategic thinker, able to ask key questions when presented with oversight objectives, with the capacity to think in the long term and from a risk perspective, whilst also being an innovator – leveraging relationships they will build across the global practice to understand and enhance existing processes.

The key responsibilities of the role include

Strong communication and problem-solving skills. The candidate should be able to ask the right questions when administering internal oversight, always with an eye on developing manual processes into effective, automated processes.High Quality Client Service acumen – the candidate should be able to successfully navigate the line between managing expectations and delivering on objectives.Connect the dots between siloed processes and have a big picture view.Experience in the automation of business processes, identifying gaps or potential room for enhancements.Capacity to build effective relationships across the Derivatives practice that will enable front-foot process improvements and the strengthening of governance protocols.Collaborate with Change and IT stakeholders end to end on Book of Work Projects in order to drive through agenda (coordination, planning, testing, review).Provide leadership – the global practice looks to this role for effective technical and thought leadership.

Skills/Qualifications

Work experience in the financial sector, ideally in a Derivatives Collateral Management or risk-related role.Excellent organizational skills and an ability to prioritize multiple deliverables and work independently with minimum supervision.Strong analytical and problem-solving skills and meticulous attention to detail.Experience in using project software such as JIRA desirable, with the capacity to utilize tools such as Kanbans.Excellent communication skills and the ability to build strong working relationships with our core internal and external stakeholders.Knowledge of financial regulation governing the derivatives industry, preferable.

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.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

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