Senior Analyst, Hedge Fund Services (Reconciliations)

Manila, National Capital Region, Philippines
12 May 2022
12 Jun 2022
Contract type
Full time
Experience level
Qualified accountant

About Northern Trust

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With more than 130 years of financial experience and over 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!                

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.


The job requires working for a Global Hedge Fund Administrator, specializing in administering assets of complex hedge funds. The position requires good understanding of various investment instruments like Equities, Fixed Income Products, Derivatives, Swaps, CFDs, Repos etc. The position requires experience and knowledge in financial markets and back office functions.

  • Understanding and reconciliations of transactions, security positions and cash activities. Financial instruments type include but not limited to:
    • OTC products – Swaps, CFD, etc.
    • Equity
    • Fixed Income
    • Futures and Options
    • Custody, Bank & Prime Broker Accounts
  • Analyse security and cash positions to identify discrepancies between customer’s position and counter party
  • Good understanding of process flow for reconciliation process.
  • Ensuring the processes are in adherence with SOPs and the same are updated as required.
  • Should be capable of understanding various control checks.
  • Should be able to timely escalate all the issues.
  • Understand risks associated with breaks and trade mismatches.
  • Understanding the settlement of cash flows associated with various financial instruments.
  • Should be capable of handling queries in a high volume, time sensitive trading environment.
  • Ability to work on ad-hoc activities.
  • Should have the ability to maintain various MIS reports.
  • Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role
  • Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organised and controlled
  • Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties
  • Position reports to TL
  • Good analytical, numerical and reasoning skills
  • Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment.
  • Proficiency in MS Office (particularly Excel & Word)
  • Excellent spoken and written English and the ability to write business correspondence.
  • Ability to work effectively as a team
  • Ability to evaluate priority and multi-task with minimal supervision.
  • Bachelor’s degree with emphasis in Accounting, Master degree a plus
  • Minimum 2 years of work experience in financial industry with at least 1 year in reconciliations related activities.
  • Knowledge of accounting principles and procedures, familiarity with financial markets and instruments.
  • Should be flexible for shifts and extended working hours.
For further information, and to apply, please visit our website via the “Apply” button below.

Similar jobs

Similar jobs