Consultant, Derivatives at Northern Trust in Chicago, Illinois

Job Description:

The Opportunity:

As a Consultant on the Derivatives Practice team, you will have broad, in-depth knowledge of the business, be technically competent to act as a first point of reference for day-to-day queries, and serve as a liaison to related areas. You will carry out relatively complex, extensive, high profile activities and direct interaction with committees and senior management. You will demonstrate excellent analytical, consultative, communication and judgment skills. You may manage a function, lead projects and/or train lower-level staff. In this role, you will operate until general supervision, but independently most of the time.

The Impact:

•Provides dedicated, specialized reconciliation break identification and resolution activity

•Be a single point of contact to understand operational health and support for client

•Performs timely exception resolution and narration on open break items

•Consistently works to reduce break resolution turnaround time

•Identifies recurring items and themes and works to mitigate issues and implement preventative measures

•Works effectively both as a team member and an independent, self-motivated individual

•Serves as a Subject Matter Expert and mentors junior level employees

•Identifies opportunities for improvement within existing technology applications and acts as a liaison with Partner areas to drive resolution

•Focuses on maintenance and implementation of policies and procedures in the function, building towards becoming an area expert

•Independently builds relationships with internal and client contacts

•Acts as escalation point of contact for client issues or inquiries

•Understands current Service Level Agreements (SLAs) that are directly related to job function(s)

The Minimum Qualifications:

•High School Diploma
•Excellent oral and written communication skills
•Proven ability to prioritize and multi-task
•Analytical with excellent problem solving skills
•Knowledge of financial services, asset management and/or investment operations
•Detail oriented
•Works with a sense of urgency

The Ideal Qualifications:

•Associate or Bachelor's Degree
•5+ years of relevant work experience
•Previous Financial Industry Operations, Asset Management and/or Investment Operations experience
•General knowledge of Derivatives
•Experience with exception resolution
•Exposure to business process and/or technology enhancement initiatives

Additional Information