Manager, Treasury Operations

3 weeks ago


Chicago, Illinois, United States Northern Trust Full time

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Manager, Treasury Back Office

Description

Responsible for managing a Team supporting Northern Trust's own Treasury department's funding, balance sheet management and liquidity/interest rate risk management strategies. The Treasury Back Office (TBO) Manager has a Team of 4 directs with close partnership with the broader Treasury Operations team including the Treasury Middle Office (TMO) and Treasury Derivative Operations (TDO) domestically and London's Treasury Operations team internationally - all working toward the common goal of supporting a complex investment and hedge portfolio. Success in this role will be a combination of leading a Team of operational professionals along with displaying an intellectual curiosity with a focus on managing risk and continuous improvement across all processes that impact our key stakeholder – NT's Corporate Treasury.

Major Duties

  • Responsible for leading the Team supporting the domestic clearing and maintenance of Northern Trust's security portfolio coordinating with the Settlements team (Fed, DTCC, & FICC).
  • Ensuring the Team perform the critical task of reporting how the security portfolio is encumbered under a wide array of collateral relationships.
  • Operates within and has in-depth knowledge of business unit, specific area of expertise and strong knowledge in accounting and general ledger processes.
  • Strategic in developing new controls collaborating with the TMO and driving projects forward that will optimize TBO processes with the goal of converting manual processes into critical analytical tools.
  • Works closely with our Middle Office executing on regulatory and audit deliverables
  • Collaborates with Senior Partners helping with business continuity planning/testing, resiliency and RCSA analyses.
  • Responsible for direct interaction with various governance committees and/or senior management

Qualifications

  • A College or University degree and 5+ years relevant proven work experience
  • Accounting experience involving fixed income securities (assets and liabilities) is required; hedge accounting a plus.
  • In-depth Functional / Industry Knowledge is required specific to fixed income derivatives and securities including repos, reverse repos and mortgage backed securities
  • Highly flexible and adaptable to change
  • Experience with business process and/or technology enhancement initiatives
  • Strong Microsoft Excel skills

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies Build your career with us and apply today.

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

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

For further information, and to apply, please visit our website via the "Apply" button below.


  • Manager, Treasury

    3 weeks ago


    Chicago, Illinois, United States CDW Full time

    Manager Treasury (Hybrid)The Treasury Manager (hybrid) is responsible for managing treasury activities for the company, including daily cash management and forecasting, banking operations and cash forecasting, and debt administration, and is an integral contributor to Treasury's forward-looking strategies. Key Areas of Responsibility Banking Administration:...

  • Manager, Treasury

    2 months ago


    Chicago, Illinois, United States CDW Full time

    Manager Treasury (Hybrid)The Treasury Manager (hybrid) is responsible for managing treasury activities for the company, including daily cash management and forecasting, banking operations and cash forecasting, and debt administration, and is an integral contributor to Treasury's forward-looking strategies. Key Areas of Responsibility Banking Administration:...


  • Chicago, Illinois, United States Experis Full time

    Our client, a leading provider of real estate and investment solutions, is seeking a Treasury Junior Manager to join their team. As a Treasury Junior Manager, you will be part of the Treasury Operations department supporting the treasury and back-office functions team. The ideal candidate will have strong leadership skills, excellent organizational...


  • Chicago, Illinois, United States Dyson Full time

    About us: Dyson is a global technology enterprise. We're growing fast and our ambition is huge - more categories, more locations and more people. Dyson launched in the US in 2002, and since then operations have grown exponentially. Our US headquarters is based in Chicago's Fulton Market neighborhood. We also have employees working in field sales, our service...


  • Chicago, Illinois, United States Equity Residential Full time

    Job Description Working for Equity Residential (EQR), an industry leading multi-family REIT, means being part of a community and striving to provide the best in apartment living, speaking boldly about new ideas for innovation, and inspiring creativity in the ways we work together. We've got the best people in the business, and our experience shows in our...


  • Chicago, Illinois, United States Aeris Communications Full time

    Aeris is at the forefront of the "Internet of Things" (IoT) industry, building networks and applications to enable Fortune 500 clients to fundamentally improve their businesses. We believe IoT will have a profoundly positive impact on the world for generations to come. The improvements made possible through IoT—improving patient care, preserving our...


  • Chicago, Illinois, United States First American Bank Full time

    Job DescriptionFirst American Bank was founded in Chicago, and over the years has expanded throughout Wisconsin and Florida. As the largest privately held bank in Illinois, we now have over 60 locations and assets of $5+ billion. We are a community bank at heart with international expertise, traditional values, and a forward-looking philosophy. Our employees...


  • Chicago, Illinois, United States Byline Bank Full time

    The Treasury Investment Manager is responsible for developing and implementing corporate investment portfolios including in house cash/investments and external portfolios with investment managers. Duties and responsibilities: Leads the design and development of corporate investment portfolios including in-house cash/investments and external portfolios with...


  • Chicago, Illinois, United States Northern Trust Full time

    The successful candidate coordinates sales, business support, and risk management functions for complex Treasury Management client relationships. Assists Treasury Management Consultants in developing additional business, making client presentations, Account Manager, Management, Treasury, Manager, Senior, Client Relations


  • Chicago, Illinois, United States Joseph T. Ryerson & Son, Inc Full time

    Position Description:Ryerson has an opportunity for a Senior Treasury Analyst. This position has an important impact on the cash and debt management of the company and requires an understanding of corporate treasury cash management operations, capital market transactions, managing banking relationships, and effective communication within the Treasury and...


  • Chicago, Illinois, United States Equity Residential Full time

    Working for Equity Residential (EQR), an industry leading multi-family REIT, means being part of a community and striving to provide the best in apartment living, speaking boldly about new ideas for innovation, and inspiring creativity in the ways we work together. We've got the best people in the business, and our experience shows in our dedication to...

  • Treasury Analyst

    6 days ago


    Chicago, Illinois, United States Salesforce Full time

    About Salesforce. Were Salesforce, the Customer Company, inspiring the future of business with AI Data CRM. Leading with our core values, we help companies across every industry blaze new trails and connect with customers in a whole new way. And, we Treasury, Analyst, Operations, Salesforce, Technology, Management


  • Chicago, Illinois, United States ServiceNow Full time

    At ServiceNow, our technology makes the world work for everyone, and our people make it possible. We move fast because the world can't wait, and we innovate in ways no one else can for our customers and communities. By joining ServiceNow, you are part of an ambitious team of change makers who have a restless curiosity and a drive for ingenuity. We know that...

  • Treasury Analyst

    5 days ago


    Chicago, Illinois, United States Golub Capital BDC Inc Full time

    Position Information Hiring Manager: Assistant Vice President Department: Treasury Department Overview The Treasury Department is responsible for the Firm's overall cash management, allocation of investment opportunities and maintenance of third-party lines of credit. Primary functions within Treasury include short and long-term cash forecasting, pre-trade...


  • Chicago, Illinois, United States Suntory Global Spirits Full time

    At Suntory Global Spirits, we craft spirits of the highest quality and deliver brilliant experiences to people around the world. Suntory Global Spirits has evolved into the world's third largest leading premium spirits company ... where each employee is treated like family and trusted with legacy. With our greatest assets - our premium spirits and our people...


  • Chicago, Illinois, United States Bank of America Full time

    Job Description:At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts,...


  • Chicago, Illinois, United States Bank of America Full time

    Job Description:At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts,...

  • Treasury Intern

    3 weeks ago


    Chicago, Illinois, United States Metropolitan Water Reclamation District Full time

    Introduction MWRD's Internship Program offers paid internship positions. While the main focus is on wastewater management, there are opportunities to gain knowledge and practical experience in a wide range of functions in each department.Paid InternsPaid interns are limited to 119 working days per calendar year and receive $18.00 per hour.Required...

  • Treasury Intern

    1 month ago


    Chicago, Illinois, United States Metropolitan Water Reclamation District Full time

    Introduction MWRD's Internship Program offers paid internship positions. While the main focus is on wastewater management, there are opportunities to gain knowledge and practical experience in a wide range of functions in each department.Paid InternsPaid interns are limited to 119 working days per calendar year and receive $18.00 per hour.Required...


  • Chicago, Illinois, United States Atlas Full time

    We believe in a world where growth thrives across borders and cultures. As an EOR, Atlas employs people to work for companies anywhere in the world. Before we came along, the only businesses offering a similar solution were essentially brokers. They'd outsource your HR and payroll services to third-party providers in different countries. Today, we're the...