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 cutting-edge 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.
- Founded 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._
Role
The job requires working for a Global Hedge Fund Administrator, specializing in administering assets of complex hedge funds.
This individual will have a strong technical Accounting background; experience working within the Financial Services industry. The position involves performing daily reconciliation of transactions, security positions and cash for all trading activity generated by clients.
Major DuTIES
- Confirmation of all OTC trades on electronic platforms or on paper (scanned) where required
- Liaison between trading desk, reconciliation and control group, and counterparties to resolve any economic discrepancies on trades in timely, efficient manner.
- Ensure timely receipt of OTC confirmations from trading counterparties.
- Ensure accuracy of transaction agreements and modifications.
- Liaison between trading desk, counterparties and legal department to resolve any legal language discrepancies on OTC trade confirmations.
- Assist swap confirmation team in covering all OTC products such as total return swaps, equity options, credit defaults, convertible