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.

Overview

The Consultant of Reconciliations is responsible for the oversight of the entire Reconciliation process ensuring the Investment Book of Records is in line with the Custody Book of Records. Any discrepancies are thoroughly researched and resolved and/or escalated to subject owners in a timely manner. Key focus on risk both in age as well as value of discrepancies.

Primary Responsibilities

Perform daily oversight and reconciliation to 13,000 portfolios.

Ensure all unresolved exceptions are timely escalated and followed-up for closures.

Serve as a subject matter expert for Portfolio Administration Reconciliation groups.

Solving ad hoc issues and request raised by Portfolio Managers

Work closely with management on projects with the ability to lead.

Training and knowledge share with peers.

Identify areas of improvement in reconciliation process and recommend solutions to enhance accuracy, timeliness, and control.

Necessary Experience, Knowledge & Skills

4+ years of reconciliation experience.

Strong base knowledge in both Fixed Income and Equity Products.

Experience with reconciliation platforms such as Aladdin, Eagle, FIS Global Invest One, and SmartStream TLM.

Ability to work both independently and in collaboration with a team.

Strong communication skills, both written and verbal.

Strong problem-solving skills with attention to detail.

Proficient in Microsoft Excel.

Salary Range:

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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.