About Northern Trust
As a globally recognized, award-winning financial institution, Northern Trust has been in continuous operation since 1889. This Fortune 500 company has a proud history of providing innovative financial services and guidance to some of the world’s most successful individuals, families, and institutions. Northern Trust has remained true to their enduring principles of service, expertise, and integrity, serving the world’s most sophisticated clients with over 130 years of financial experience and a team of over 22,000 partners. The institution utilizes leading technology and exceptional service to meet the needs of their clients.
Job Description: Analyst
Bank Debt, Middle Office Asset Servicing, Omnium Global Services
The position of Analyst at Northern Trust Hedge Fund Services is an exciting and rewarding opportunity for ambitious self-starters. This rapidly expanding global fund administrator specializes in administering assets of complex hedge funds, private equity funds, and CLOs. The successful candidate will play a crucial role in supporting the bank loan closing process as well as life cycle event processing. The position requires excellent daily client service through operational process execution and professional communication.
Key Duties and Responsibilities:
The Analyst role encompasses a variety of responsibilities, including:
- Supporting multiple clients within a fast-paced, challenging environment
- Liaising with clients, counterparties and agents to facilitate the closing of syndicated bank loan trading activity on ClearPar
- Verifying, processing and reconciling trading and life cycle activities
- Monitoring and maintaining bank debt positions to ensure accurate P&L for financial reporting
- Building and strengthening internal and external relationships
Knowledge / Skills:
Prospective candidates should possess the following skills and knowledge:
- Ability to work independently and cooperatively within a team environment
- Client focus
- Ability to handle multiple tasks simultaneously and with accuracy
- Excellent written and oral communication skills
- Ability to meet time-sensitive deadlines with appropriate sense of urgency
- Detail and process orientation
- Proficiency in Microsoft Excel and other MS Office applications
- Experience with ClearPar, bank loan trade closing and CLOs is strongly preferred, and familiarity with LSTA closing documents is preferred
Experience:
- Candidates should have a Bachelor’s degree in Finance, Accounting or a related field with a 3.0 GPA or higher
- Operations experience in the financial services industry or relevant proven work experience is preferred
Salary and Benefits
The salary range for the Analyst position at Northern Trust is $48,000 – 72,000 USD. Furthermore, Northern Trust provides a comprehensive benefits package that includes 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. There is also a discretionary bonus program that may include an equity component.
Working with Northern Trust
By becoming 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 exploration of 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! Build your career with us and apply today. More information is available Here.
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 . Northern Trust values an inclusive workplace and understands that flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.
