Analyst, Clearing & Settlements, Hedge Fund Services
Job Title: Analyst, Clearing & Settlements
Department: Global Operations
Summary: Northern Trust Hedge Fund Services is a rapidly expanding Global fund administrator, specializing in administering assets of
Key Duties and Responsibilities:
- Support multiple customers and business lines within a fast-paced, challenging environment
- Perform and oversee all processes related to daily trade break resolution for equity products - stocks, bonds, warrants as well as listed options and futures
- Liaison between clients' trading desks, prime brokers, exchanges and counterparties to ensure efficient resolution of breaks and open reconciling items to guarantee timely settlement.
- Monitor trade posting process and upload trades to prime brokers
- Resolve fails with Prime Brokers after settlement date, by working with counterparties to facilitate delivery
- Cross train with other areas within Clearing and Settlements
- Perform other related duties as required
- Work with the Reconciliation & Control team to ensure the accuracy of internal books and records
- Build and maintain internal and external relationships
Minimum Qualifications (Education, Experience, Skills):
- Experience in exchange traded securities settlement operations preferred, but not required
- Experience with OASYS Global and Central Trade Manager Applications preferred not required
- Proficiency in Microsoft Office, Bloomberg
- Excellent written and oral communication skills
- Ability to handle multiple tasks and meet deadlines in an extremely time sensitive conditions
- Knowledge of basic accounting principles and familiarity with financial markets and instruments
Education:
Bachelor's degree in Finance, Accounting or related field