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The job involves working for a Global fund administrator, specializing in administering assets of complex hedge funds. Familiarity with OTC products would be advantageous. The successful candidate is a strong performer who takes ownership of responsibilities and achieving objectives.
Team focus and the ability to function independently in a fast-paced, dynamic and demanding environment is essential. This person is proactive in resolving conflict and demonstrates exemplary follow-through. He/she adds value by working on a number of simultaneous tasks/projects with minimal supervision while paying special attention to detail. The ideal candidate is an effective communicator and works well with partner areas.
Efficiently identifies and resolves transaction discrepancies between firm and swap counterparties
Ensuring timely receipt of electronic-based OTC confirmations from trading counterparties
Reviewing swap confirmations covering all OTC products such as total return swaps, equity options, structured equity products, convertible bond options, credit defaults, rates and fixed income products
Managing the settlement of swap cash flows associated with OTC products, including unwinds, quarterly fees, resets, upfront fees, coupons and premiums
Assisting in monitoring daily trade capture of OTC trades and exception queue monitoring
Reviewing corporate action bookings and dividends/coupons to ensure correctly affecting position
Assisting in development and implementation projects which promote automation and efficiency as well as work with IT in the development/enhancement of trade entry
Processing all aspects of periodic resets for vanilla and exotic IRS, CDS, and TRS products
Carrying out complex activities with significant financial, client, and/or internal business impact
Communicating effectively with both internal partners and clients, tailoring info to audience as required
SKILLS / EXPERIENCE:
Proven work experience in an operational role desirable. All other relevant experience taken into account.
Excellent written and oral communication skills
Proven team player, taking ownership for own role while contributing to wider team efforts
Knowledge of basic accounting principles and procedures, familiar with financial markets and instruments and Hedge Fund structures
Client service experience desired
Ability to work under pressure and to deadlines in a demanding and fast growing department
Highly flexible and adaptable to change
Undergraduate degree in Finance, Accounting or related subject About Northern Trust: Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 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 recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.
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 ethical companies. Build your career with us and apply today.
Internal Number: 6506552
About Northern Trust
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