The Northern Trust Company seeks a Manager, MO Trade Processing, HFS to manage the Middle Office Trade Processing group within Hedge Fund Services. Manage the team responsible for daily reconciliation of balances and positions within OTC derivative or swap accounts involving global equities, fixed income, cash, and other complex derivative instruments. Conduct complex break investigations for all security and case position differences related to reconciliations. Coordinate issue resolutions between clients, operations teams, IT, and external counterparties. Develop training support for related processes between reconciliations teams and follow up on outstanding issues. Ensure seamless setup of new accounts and underlying strategies. Conduct performance management and career development processes. Develop periodic goals, set short-term priorities, and ensure timely and accurate completion of work.

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Position requires a Bachelor's degree in Finance, Business Administration, or a related field, followed by 5 years of progressively responsible experience working within global financial markets from a risk and control perspective. Experience must include a minimum of: 3 years of experience performing daily review of reconciliation and controls across a broad spectrum of asset classes including Fixed Income, Equity, Commodity and Exotic derivatives; 3 years of experience dealing with exchange traded and bilateral derivatives from a diverse array of counterparties, including prime brokers, banks, and centralized clearing houses/exchanges; 3 years of experience analyzing security and cash positions to identify discrepancies between client and broker positions and troubleshooting issues; and 3 years of experience executing and developing new technological solutions to continually enhance the Client Service experience.

Job location: Chicago, IL. To apply, please visit https://careers.northerntrust.com and enter job requisition number 21119 when prompted. Alternatively, please send your resume, cover letter, and a copy of the ad to: K. Clemens, 50 South LaSalle Street, Chicago, IL 60603.

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