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 :1. Working with Unit Trust Managers, registrars, various counterparties and internal partners to achieve timely settlement of Residual and Unit Trust transactions
2. Working with brokers and various counterparties to ensure receipt of sale funds
3. Identify and resolve all cash and stock exceptions in a timely manner ensuring that exception levels are within agreed threshold levels
4. Investigation and resolution of failing trades
5. Provide team assistance ensuring the completion of all daily Settlement tasks.
6. Carries out complex activities with significant financial, client, and/or internal business impact
7. May have direct interaction with committees and/or Senior Management
8. Able to serve as a key subject matter expert and mentor to other more junior level employees
9. May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role)
10. More technically sound in area of expertise and has broader knowledge of other areas
11. Delivers a work product that requires less revision
12. Able to facilitate discussions and reach decisions

Knowledge :Excellent oral and written communication skills are required
Knowledge of the Asset Servicing environment is required
Analytical and problem solving skills are required

Experience :A College or University degree and/or some relevant work experience is required.

Salary Range:

$47,500 - 71,300 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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. #Made For Greater

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.