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.

The Partnership Services department provides a third-party fund administration service to numerous fund management companies covering the full range of shareholder servicing functions including dealing, registration, settlements, distributions, fees, and statements.  The Partnership Services Cash Team is responsible for daily cash reconciliation, cash movement and exception reporting, as well as other cash control related activities within the department.

Working Model: Hybrid

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

The key responsibilities of the role include: 

Process and quality check cash movement transactions through internal systems, to regulatory and client standards with a high degree of accuracyConduct reconciliation of cash movement related activitiesCarry out complex activities with significant financial, client, and/or internal business impactResearch and resolve exceptions and issues with little directionAssist with escalated client issues and client responses regarding cash movementPrioritize daily tasks and work queues to accurately meet client deliverables across team’s client base; coordinate among team to meet deliverablesProvide input to process changes which would result in greater operational efficiencyIdentify and document new procedures and controlsWork effectively as a team member but also independentlyServe as a key subject matter expert and mentor to other more junior level employees

Qualifications 

A College or University degree and 2 years industry experience required Good oral and written communication skills are requiredAdvanced Functional / Industry Knowledge is requiredAnalytical and problem solving skills are requiredTechnically sound in area of expertise and has broader knowledge of other areasKnowledge of HedgeTek, trade processing and associated effects on cash movements including trade status, fees, etcKnowledge of cash movement and record keeping systems including WCM, GCM, EDM, Fundmaster, ERMKnowledge of reconciliation and reporting tools including TLM GXM, IIP, Treasury PassportEnhanced excel skills (ex: vlookups, macros, tables) or desire and ability to learn advanced excel functionsStrong ability to multi task and work in a fast paced, changing environment.#LI-GG1#LI-Hybrid

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.