Associate Consultant, Derivatives
2 days left
- Recruiter
- Northern Trust
- Location
- Chicago, IL
- Salary
- Unspecified
- Posted
- 11 Nov 2024
- Closes
- 11 Dec 2024
- Ref
- R129787
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Qualified accountant
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.
Major Duties:
- Uses existing procedures to solve standard problems; analyzes information and standard practices to make judgments
- Has limited impact on own work team
- Works within standardized procedures and practices to achieve objectives and meet deadlines
- Ensures that all duties are completed accurately within internal, market and SLA deadlines and timeframes, assisting and guiding other Partners as required.
- Manages multiple client queries and issues, ensuring their timely resolution.
- Communicates and coordinates via verbal and written modes, across various partners and external parties to research and resolve exceptions and queries.
- Attends internal and external meetings with Clients and Counterparties where required, taking a lead on behalf of team.
- Ensures that procedures are followed and updated regularly, assisting and guiding other Partners as required.
- Ensures that controls are adhered to and evidenced daily, assisting and guiding other Partners as required.
- Contributes to requirements gathering, testing and implementation phases of any change projects in which the team is a stakeholder
- Provides support and builds relationships with business partners and brokers/counterparties and clients.
- Assists in maintaining the general ledger accounting and financial reporting for client accounts completing necessary reconciliation tasks
- Carries out complex activities with significant financial, client, and/or internal business impact
- Is technically sound in area of expertise and has good operational knowledge of other areas
- Delivers a work product that does not require revision
Knowledge:
- Requires conceptual knowledge of theories, practices and procedures within a job discipline
- Applies general knowledge of business developed through education or past experience
- Exchanges straightforward information, asks questions and checks for understanding
- Proven ability to work effectively within strict deadlines
- Ability to process large and variable volumes accurately whilst consistently meeting external and internal deadlines
- Thorough knowledge of the Derivatives market, complex products and operating conventions, including product lifecycles
- Experience using Derivative market platforms and utilities
- Ability to identify and pursue improvement opportunities
- Demonstrates a drive for accuracy, to work systematically to meet and maintain standards and adhere to established procedure.
- Takes initiative to accomplish tasks and make decisions according to risk, priorities and deadlines.
- Focuses on Client needs (internal and external) and works proactively to create mutually beneficial long-term solutions and relationships
- Appreciates and seeks to leverage different perspectives and opinions, creating an inclusive environment.
- Demonstrates the ability and drive to work cooperatively with others towards shared goals.
- Challenges assumptions in order to drive continual improvement. Thinks creatively and develops new ideas or ways of doing things without increasing costs or risk.
- Demonstrates commitment to personal leadership and growth. Seeks feedback in order to improve own and team performance.
- Seeks to understand the audience and their perspectives to clearly convey written and oral information and build understanding.
- Excellent MS Excel/Word skills
Experience:
- Accountable for own contributions
- Experience in Accounting and/or Finance and a College or University degree in Business preferred, although other disciplines considered along with some 4+ years relevant work experience is required.
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.
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.
For further information, and to apply, please visit our website via the “Apply” button below.