Consultant, Property Fund Accounting

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.

Role

This person will be a part of a client service team focusing on the middle office loan administration function. As the primary client contact for Private Debt, the person will oversee Loan trade capture, trade affirmation to Loan lenders, life-cycle event processing and asset servicing on the FIS VPM Platform

The successful candidate will be a self-starter who has demonstrated the ability to function in a fast-paced, dynamic and demanding environment. This person needs to be able to resolve conflict within a short period of time and add value by working on a number of simultaneous tasks with minimal supervision, exemplary follow-through while paying special attention to detail. A familiarity with middle office Loan trading support and debt security products is an advantage but not required.

Principal Responsibilities

• Support the daily processing for financial products including Private Debt Securities including Private Loans, Bonds, Equities and Fx Forwards.
• Liaison between clients, client loan agents and internal teams to resolve breaks and open reconciling items to ensure timely settlement.
• Process trade corrections and manage pre-settlement confirmation process for all types of private loan securities, including debt, equities, and bonds, traded in international markets.
• Resolve fails with Clients/Loan Agents
• Manage all monthly activities by providing clients with portfolio positions, posting transactions, and delivering information to Fund Accounting teams.
• Effective investigation and reconciliation of breaks and established escalation process
• Monitor trade capture process and upload trades to the FIS VPM Platform.
• Communicating effectively with internal partners, clients, and auditors, tailoring information to audience as required.
• Create and maintain process flows and control tools to accommodate new business needs.
• Build and maintain internal and external relationships.
• Involvement in the training of / acting as a mentor to associate staff

Skills / Experience

• loan administration and private debt financial security instruments experience
• Experience of the Private Debt trade flow
• Experience of and the FIS VPM vended application an advantage.
• Ability to work under pressure and maintain high standards when dealing with tight deadlines, high volumes and demanding trading desks and clients
• Proficiency in Microsoft Excel, Teams, Outlook, PowerPoint,.
• Excellent written and oral communication skills
• Proven team player, taking ownership for own role while contributing to wider team efforts
• Knowledge of custody, securities lending, prime brokerage, market trading practices and position processing treatment

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.

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.

Talk to us about your flexible working requirements and together we can achieve greater.

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