Senior Reconciliation & Controls Consultant

Northern Trust Corp; Chicago (IL); On-site; USD 83,000 - 141,000; Full time

Benefits offered by this job

401(k) plan and retirement benefits

Comprehensive health and welfare plans

Discretionary bonus program

Job summary

Northern Trust Corp is looking for a reconciliation-focused professional to manage daily reconciliation of multi-asset transactions and positions from equities to private securities in our Chicago-area teams.

You will analyze differences, coordinate with clients and internal teams, and help implement robust controls while supporting ongoing process improvements and efficiency initiatives.

Qualifications

• College or university degree and/or relevant professional experience preferred.
• ACCA or similar qualification preferred.

Responsibilities

• Perform daily reconciliation of transactions and positions across equities, corporate bonds, CMOs, TBAs, pools, bank loans, and private securities.
• Analyze and resolve security and cash position differences identified through the reconciliation process.
• Coordinate break resolution between clients, internal operations teams, and custodian banks.
• Lead onboarding and setup of new client accounts with the Implementation team.
• Provide leadership and guidance to team members on functional processes and controls.

Skills

Communication

Analytical thinking

Problem solving

Attention to detail

PeopleSoft knowledge

Independent yet collaborative

Education

Bachelor’s degree or equivalent

ACCA (preferred)

Tools

PeopleSoft

Job description

Northern Trust Corp is looking for a reconciliation-focused professional to manage daily reconciliation of multi-asset transactions and positions from equities to private securities in our Chicago-area teams.

You will analyze differences, coordinate with clients and internal teams, and help implement robust controls while supporting ongoing process improvements and efficiency initiatives.