Senior Reconciliation & Controls Consultant, Portfolios

Quest Oracle Community; Chicago (IL); On-site; USD 83,000 - 141,000; Full time

Benefits offered by this job

401k & pension

Health, dental, vision benefits

Paid time off

Parental and caregiver leave

Life & disability insurance

Well-being benefits

Discretionary bonus/equity

Job summary

Northern Trust is seeking a diligent reconciliation professional to perform daily transactions and positions reconciliations across a wide range of securities. You will analyze discrepancies, coordinate with clients and custodians, and support onboarding for new client accounts, while driving efficiency and strengthening controls across global teams.

The role emphasizes independent work, rigorous attention to detail, and leadership in complex, cross-functional initiatives within a trusted

Qualifications

• College degree or relevant professional experience preferred.
• ACCA or similar qualification preferred.
• Experience with securities reconciliation, cash and position breaks, and operational controls preferred.
• Experience working across multiple teams, locations, and business functions is beneficial.

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.
• Manage the handoff between India and Chicago reconciliation teams and follow up on outstanding issues.
• Partner with the Implementation team to ensure seamless onboarding and setup of new client accounts.
• Perform daily reviews of reconciliations and execute required controls.
• Support projects focused on increasing operational efficiency and strengthening the control environment.
• Operate independently with in-depth knowledge of the business, function, and related processes.
• Serve as a subject matter expert, providing in-depth technical guidance, consultation, and leadership to team members and business partners.
• Lead activities that are broad in scope, cross-functional, and technically complex.
• Balance high-level operational execution with the development and execution of strategic business priorities.
• Support the development, implementation, and administration of programs and initiatives within the functional area.

Skills

Excellent communication

Industry knowledge

Analytical skills

Adaptability

Independent work

Attention to detail

Education

Bachelor's degree

ACCA (preferred)

Tools

PeopleSoft

Job description

Northern Trust is seeking a diligent reconciliation professional to perform daily transactions and positions reconciliations across a wide range of securities. You will analyze discrepancies, coordinate with clients and custodians, and support onboarding for new client accounts, while driving efficiency and strengthening controls across global teams.

The role emphasizes independent work, rigorous attention to detail, and leadership in complex, cross-functional initiatives within a trusted