Consultant, Banking & Liquidity

ACCA Careers; Chicago (IL); Hybrid; USD 61,000 - 100,000; Full time

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Parental and caregiver leave

Life & accident insurance

Discretionary bonus program

Job summary

Northern Trust is seeking a financial operations professional for hybrid work to manage funds movements, wires, and cheque issues within defined procedures. You will audit, participate in projects, and handle complex activities impacting clients and the business.

The role requires strong communication, analytical skills, attention to detail and knowledge of custody-related instruments. Prior experience is beneficial, with potential internal growth opportunities.

Qualifications

• Excellent oral and written communication skills are required.
• Analytical and problem solving skills are required.
• Attention to detail and accuracy is required.
• Knowledge on financial instruments and basic terminology related to custody services is preferred.

Responsibilities

• Facilitate electronic movements of funds, wires transfers and cheque issues.
• Audit document preparation for global accounts and compare against instructions.
• Participate in Cash Ops project groups.
• Handle complex activities with significant financial or client impact.
• Serve as SME and mentor to junior staff.
• Demonstrate broader knowledge and deliver high-quality outputs.

Skills

Communication

Analytical thinking

Attention to detail

Custody knowledge

Education

Bachelor's degree preferred

Industry qualification preferred

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Working Model: Hybrid

Hybrid

Major Duties

• Responsible for facilitating electronic movements of funds, wires transfers and cheque issues along with trade postings on behalf of the client within defined procedures
• Works and assists in audit document preparation pertaining to global accounts and identifies discrepancies vs. standard instructions
• Participation in groups that work on projects for the Cash Ops larger team
• Carries out complex activities with significant financial, client, and/or internal business impact
• Able to serve as a key subject matter expert and mentor to other more junior level employees
• More technically sound in area of expertise and has broader knowledge of other areas
• Delivers a work product that requires less revision
• Able to facilitate discussions and reach decisions

Knowledge

• Excellent oral and written communication skills are required
• Analytical and problem solving skills are required
• Attention to detail and accuracy is required
• Knowledge on financial instruments and basic terminology related to custody services is preferred

Experience

• A College or University degree and/or some relevant work experience is preferred.
• Related Industry qualification / or studying towards, is preferred

Salary Range

$60,700 - 100,100 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

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 committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.