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.

Junior Financial Operations Summary: The successful candidate will execute corporate action (CA) events. Events to be processed include: tender offer, voluntary exchange, rights/subscription offer, consent, bankruptcy ballot, dividends, and other financial instruments. Major Duties: · Understand the terms of the action, research the event, know how to execute the offer, and effectively escalate when needed any issues to the team leaders. Review offers promptly upon assignment and be the subject matter expert (SME) for all events and work assigned. Verify and know all key details and execution requirements for the event. Reconcile custody holdings and any transaction activity prior to execution. Ensure execution of corporate action events timely and accurately, per verified DTC and market requirements and procedures. · Accurately post voluntary actions to clients' accounts within 24 hours of receipt of payment. Close cash and stock exceptions within 5 days of posting. If unable to immediately close exceptions, be able to clearly evidence in writing the progress and status of the item. · Provide partners and clients with timely and accurate response to inquiries. Promote and maintain open and effective communications with partner areas, including other CA teams, securities lending, client- facing teams, trade settlements, etc. to ensure critical tasks requiring collaboration with other teams get completed by required deadlines. · Be able and willing to create and maintain team procedures, actively participate in new system implementations, process reviews, and training initiatives. Skills Required: · College degree is preferred. · Corporate actions experience preferred. · Required securities processing experience, corporate actions processing experience is preferred. · Familiarity and high level of comfort with meeting time-sensitive deadlines and processing · Strong written and verbal communications skills required. · Is highly organized and pays attention to detail; able to capture and locate information via note-taking and available technology tools. · Strong technology skill set including advanced Excel skills is preferred, along with experience or familiarity with other Office 365 apps including: Word, Sharepoint, OneNote, Teams. · Analytical and problem-solving skills should be evident. · Displays competencies including: collaboration, curiosity, empathy, personal courage, self-awareness. Work with us: We work hard to create an inclusive environment where every individual feels respected and empowered to play a critical role in our success. But we also believe balance isn’t just important – it’s essential. That’s why we offer a robust set of benefits that allow for both a compelling career and a fulfilling life: Financial – Life Insurance, Disability Plans, Pension/Gratuity, Annual Pay Review Work-Life Balance – Flexible Work Options, Incremental Annual Leave, Paid Community Volunteer Days Professional Development – Career Paths, Educational Assistance, Recognition Program, NT University, and employee-led Business Resource Councils dedicated to an inclusive culture Health & Well-being –Medical Insurance, Active Sports & Social Clubs (lunchtime and after-work groups), Employee Assistance Program

Salary Range:

$47,500 - 71,300 USD

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.