Technical Coordinator

Job Description

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.HEDGE FUND SERVICES- SENIOR ANALYST, RECONCILIATIONSFounded in Chicago in 1889, Northern Trust is one of the world s leading financial institutions. We specialise in providing asset servicing solutions and asset management to both institutional and personal clients. The delivery of products and services to this client base is supported through a network of offices around the globe.ROLEThe job requires working for a Global Hedge Fund Administrator, specializing in administering assets of complex hedge funds. The position requires good understanding of various investment instruments like Equities, Fixed Income Products, Derivatives, Swaps, CFDs, Repos etc. The position requires experience and knowledge in financial markets and back office functions.MAJOR DUTIESUnderstanding and reconciliations of transactions, security positions and cash activities. Financial instruments type include but not limited to:o OTC products Swaps, CFD, etc.o Equityo Fixed Incomeo Futures and Optionso Custody, Bank & Prime Broker Accounts Analyse security and cash positions to identify discrepancies between customer s position and counter party Good understanding of process flow for reconciliation process. Ensuring the processes are in adherence with SOPs and the same are updated as required. Should be capable of understanding various control checks. Should be able to timely escalate all the issues. Understand risks associated with breaks and trade mismatches. Understanding the settlement of cash flows associated with various financial instruments. Should be capable of handling queries in a high volume, time sensitive trading environment. Ability to work on ad-hoc activities. Should have the ability to maintain various MIS reports.ACCOUNTABILITIESEmployees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organised and controlled Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties Position reports to TLSKILLSGood analytical, numerical and reasoning skills Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment. Proficiency in MS Office (particularly Excel & Word) Excellent spoken and written English and the ability to write business correspondence. Ability to work effectively as a team Ability to evaluate priority and multi-task with minimal supervisionQUALIFICATIONS:Bachelor s degree with emphasis in Accounting, Master degree a plus Minimum 2 years of work experience in financial industry with at least 1 year in reconciliations related activities. Knowledge of accounting principles and procedures, familiarity with financial markets and instruments. Should be flexible for shifts and extended working hours.

• A College or University degree and/or some relevant work experience is required. Excellent oral and written communication skills are requiredFunctional / Industry.
• Knowledge is requiredAnalytical and problem solving skills are required
• Be able to work as part of a team with minimal supervision

Keyskills :
technical supportreporting troubleshootingcustomer relations back officefixed income process flowasset servicing