Associate Consultant

Northern Trust; Philippines; On-site; PHP 600,000 - 900,000; Full time

Job summary

Northern Trust is seeking a professional with 2-5+ years of experience to manage financial transactions and liaise with clients effectively. This role requires strong analytical skills, a bachelor's degree in finance or related fields, and the ability to handle multiple tasks concurrently.

Candidates should have a basic understanding of custody and fund administration, along with excellent communication and problem-solving abilities.

Qualifications

• 2-5+ years of relevant professional experience.
• Ability to work on multiple initiatives and prioritize effectively.
• Basic understanding of custody and fund administration functions.

Responsibilities

• Ensure transactions are accurately recorded.
• Liaise with clients to confirm and settle transactions.
• Perform reconciliations between internal and external data.

Skills

Professional experience in finance or similar fields

Strong communication skills

Numerical and analytical abilities

Understanding of derivatives markets

Education

Bachelor's degree in finance, economics, or mathematics

Job description

Responsibilities

1. Ensure all transactions have been captured and accounted for correctly on internal client books and records are completed accurately within internal market and SLA deadlines
2. Track and execute lifecycle events from initial set-up to closeout; taking into account coupons, corporate actions, dividend payments and resets
3. Liaise directly with clients and other market participants to confirm and settle transaction.
4. Perform and review reconciliations between internal and external data sources. Timely resolution of exceptions
5. Respond to complex queries from external parties in relation to associated trades/positions
6. Represent the team in cross-functional initiatives and/or projects
7. Provide technical guidance to the team by successfully onboarding new hires, proactively addressing complex issues, critical clients and escalations
8. Act as SME and provide functional support and coverage for the team, providing direction on workflow prioritization and transaction approval when needed.

Qualifications

• 2-5+ years of professional experience in the relevant field
• Bachelor's degree in an applicable field (finance, economics, mathematics, etc.)
• Business or financial services qualification or studying for same. This is not essential but would be an advantage.
• A keen awareness of the Financial Services Industry; Understanding of the derivatives markets is beneficial
• Effective in the use of a variety of communication methods. Strong and clear written and verbal communication.
• Highly numerate and analytical with an ability to learn quickly.
• Ability to work on multiple initiatives concurrently and prioritize effectively
• Basic understanding of custody and fund administration functions required
• Creative and dynamic approach to problem solving
• Ability to work on own initiative and adhere to strict deadlines
• Professional approach and ability to develop relationships both internally and externally

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 [e-mail].