Associate Consultant, Derivatives
Northern Trust
- Chicago, IL
- Permanent
- Full-time
- Provides dedicated, specialized reconciliation break identification and resolution activity
- Be a single point of contact to understand operational health and support for client
- Performs timely exception resolution and narration on open break items
- Consistently works to reduce break resolution turnaround time
- Identifies recurring items and themes and works to mitigate issues and implement preventative measures
- Works effectively both as a team member and an independent, self-motivated individual
- Serves as a Subject Matter Expert and mentors junior level employees
- Identifies opportunities for improvement within existing technology applications and acts as a liaison with Partner areas to drive resolution
- Focuses on maintenance and implementation of policies and procedures in the function, building towards becoming an area expert
- Independently builds relationships with internal and client contacts
- Acts as escalation point of contact for client issues or inquiries
- Understands current Service Level Agreements (SLAs) that are directly related to job function(s)
- High School Diploma
- Excellent oral and written communication skills
- Proven ability to prioritize and multi-task
- Analytical with excellent problem-solving skills
- Knowledge of financial services, asset management and/or investment operations
- Detail oriented
- Works with a sense of urgency
- Functional / Industry Knowledge is required
- Associate or bachelor’s degree
- 5+ years of relevant work experience
- Previous Financial Industry Operations, Asset Management and/or Investment Operations experience
- Proven ability to build strong relationships with partners on site/ across business lines/ juniors and seniors
- A proactive approach to problem solving, taking ownership of issues and having the determination to follow through. Escalate issues as appropriate
- General knowledge of Derivatives
- Exposure to business process and/or technology enhancement initiatives
- Competencies in one or more of the following is preferred: Bloomberg, GMI, , Summit, OCC
- Experience with exception resolution
- Exposure and understanding of Risk, Audit and Compliance factors