Corporate Actions Analyst - Hybrid

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.

Why choose a career in Fund Accounting with Northern?

• Northern Trust has demonstrated a continued commitment to investing in Ireland; our Fund Accounting team has grown exponentially and we now have over 1000 partners in our Limerick and Dublin offices
• Our Fund Accounting team provides an end to end Fund Accounting service onsite in Ireland which complements other client services provided in Ireland, such as Custodian, Financial Reporting and Transfer Agency Services
• We invest heavily in our people and offer a customized, individually dedicated Fund Accounting training program to ensure our people can realise their full potential and avail of the diverse range of career opportunities within Fund Accounting and Northern Trust Ireland
• To complement the company culture, we support our employees' efforts to balance work and home life, in part by offering family-friendly programs and alternative/flexible work situations
• Our modern compensation package is highly competitive and moreover, intuitive to your stage of life and career

Role:

The Corporate Actions team is responsible for processing income and capital events on the Fund Accounting system (InvestOne Enterprise). The team in Limerick supports the fund administration operations in the EMEA region and this Limerick based team involves partners working with Corporate Action and Fund Accounting teams across various jurisdictions including Ireland, UK, Luxembourg, Guernsey, Australia and North America.

The successful candidate will be responsible for processing complex corporate actions within scheduled timeframes and resolving exceptions on a daily basis for the fund accounts. Capital Event and Income events include a review cycle and the successful candidate would be responsible for reviewing the standard event pack to ensure entitlements are reflected accurately.

The candidate should be able to work independently, demonstrating an active bias towards continuous improvements to service standards and solution building across the daily activities within the team.

PRINCIPAL RESPONSIBILITIES:

• Process complex corporate actions for the Fund Accounting group
• Review standard capital event packs to ensure all relevant information included in packs are in line with event checklists including evidence of research on all inputs including market value impact analysis
• Ensure all relevant dividend entitlements are reflected accurately and on time for different type of investment instruments such as equities, fixed income and FRN securities, CFD or mutual fund assets.
• On-going adherence to daily controls and procedures as part of the event processing..
• Allocate one's own time efficiently and demonstrate the ability to handle multiple demands and competing priorities as part of the daily service deliverable across EMEA Fund Accounting business units.
• Work to strict daily deadlines whilst maintaining high levels of timeliness and accuracy
• Ensure that all queries from internal and external parties are dealt with efficiently and professionally.
• Ensure all Capital Event / Income related reconciliation breaks are cleared in a timely manner and provide regular status updates to management.
• Participate and contribute to virtual team meetings and ensure all action points assigned to you are addressed on a timely basis
• Assist in suggestions and solution sharing on potential efficiencies and improvements as part of the corporate Action and Income workflow model.

SKILLS / EXPERIENCE:

• Demonstrate technical knowledge of capital events in global markets relevant to Fund Accounting processes.
• Knowledge of NAV calculations and impact of Corporate actions on the valuation
• Good working knowledge of Bloomberg and FTS online system (essential).
• Good working knowledge of Excel & Word (essential).
• Working knowledge of InvestOne Enterprise (an advantage)
• Exposure to and knowledge of tax implications across Ireland and UK fund domiciles in relation to income processing (an advantage)
• Excellent Numerical/Financial Analysis
• Concern for Quality and Timeliness
• Excellent Communication skills both written and verbal
• Strong independent analytical skills in order to research and resolve the more complex event types
• Understands the role and dependencies of the various business units involved in end to end capital event and income event workflows relevant to Fund Accounting activities.

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.
For further information, and to apply, please visit our website via the “Apply” button below.