Current jobs related to Analyst, OTC/FX, Middle Office, Hedge Fund Services - Chicago, Illinois - Northern Trust
-
Hedge Fund Accounting Manager
2 weeks ago
Chicago, Illinois, United States SS&C Full timeJob SummaryWe are seeking a highly skilled Hedge Fund Accounting Manager to join our team at SS&C. As a key member of our financial services team, you will be responsible for supporting all aspects of ad-hoc reporting, performing month-end close processes, and accurate calculation of fund NAVs.Key ResponsibilitiesSupporting all aspects of ad-hoc reporting,...
-
Hedge Fund Accounting Associate Manager
4 weeks ago
Chicago, Illinois, United States SS&C Technologies Full timeSS&C is a leading global provider of investment and financial services and software tailored for the financial services and healthcare sectors. Recognized on the Fortune 1000 list as a top U.S. company by revenue, SS&C is headquartered in Windsor, Connecticut, employing over 20,000 professionals across more than 90 offices in 35 countries. Approximately...
-
Hedge Fund Accounting Associate Manager
4 weeks ago
Chicago, Illinois, United States SS&C Advent Full timePosition Title: Associate Manager, Hedge Fund AccountingCompany Overview: SS&C is a leading global provider of investment and financial services, as well as software solutions tailored for the financial services and healthcare sectors. Recognized on the Fortune 1000 list for its revenue achievements, SS&C operates from its headquarters in Windsor,...
-
Hedge Fund Services Consultant
3 weeks ago
Chicago, Illinois, United States Northern Trust Full timeAbout Northern Trust:Northern Trust is a prestigious financial institution, recognized globally and operating since 1889. As a Fortune 500 company, we are dedicated to delivering innovative financial solutions and expert guidance to a diverse clientele, including individuals, families, and institutions.With over 130 years of experience and a workforce...
-
Hedge Fund Services Consultant
3 weeks ago
Chicago, Illinois, United States Northern Trust Full timeAbout Northern Trust:Northern Trust is a prestigious financial institution, recognized globally and operating since 1889. As a Fortune 500 company, we are dedicated to delivering innovative financial solutions and expert guidance to a diverse clientele, including individuals, families, and institutions.With over 130 years of experience and a workforce...
-
Client Service Associate
4 weeks ago
Chicago, Illinois, United States Northern Trust Corporation Full timePosition Overview: Associate Specialist within Client Service Solutions, Hedge Fund Services at Northern Trust Role Summary:The Client Service Solutions (CSS) team at Hedge Fund Services (HFS) is dedicated to strengthening client relationships and optimizing operational efficiency. As a CSS Partner, you will serve as the main point of contact for clients,...
-
Client Service Solutions Associate
4 weeks ago
Chicago, Illinois, United States Northern Trust Corporation Full timePosition Overview: Associate Specialist within Client Service Solutions for Hedge Fund Services at Northern Trust Role Summary:The Client Service Solutions (CSS) team at Hedge Fund Services (HFS) is dedicated to fostering robust client relationships and enhancing operational efficiency at Northern Trust. As a CSS Partner, you will serve as the main point of...
-
Hedge Fund Administration Specialist
3 weeks ago
Chicago, Illinois, United States Northern Trust Full timeAbout Northern Trust:Northern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we have established ourselves as a trusted provider of innovative financial services and guidance to the world's most successful individuals, families, and institutions.We take pride in our enduring principles of...
-
Chicago, Illinois, United States Northern Trust Corporation Full timeOverviewThe Associate Specialist role within Client Service Solutions at Hedge Fund Services, Northern Trust, is pivotal in fostering robust client relationships and enhancing operational efficiency.Position Summary:As a key member of the CSS team, you will act as the primary point of contact for clients, ensuring their needs are met through effective...
-
Hedge Fund Services Senior Advisor
3 weeks ago
Chicago, Illinois, United States Northern Trust Corporation Full timeJoin a Prestigious Financial Services Firm:Become a vital part of a renowned financial services firm with a legacy of over 130 years in delivering cutting-edge financial solutions to elite clients globally. Engage with a dynamic team committed to upholding the precision and reliability of financial information for hedge funds and corporate entities.Core...
-
Senior Consultant, Hedge Fund Services
6 days ago
Chicago, Illinois, United States Northern Trust Full timeAbout Northern TrustNorthern Trust is a globally recognized financial institution with a rich history dating back to 1889. As a Fortune 500 company, we pride ourselves on providing innovative financial services and guidance to the world's most successful individuals, families, and institutions.Our commitment to service, expertise, and integrity has earned us...
-
Middle Office Operations Analyst
4 weeks ago
Chicago, Illinois, United States DRW Full timeCompany Overview:DRW is a prominent trading organization with over 30 years of expertise in integrating advanced technology and talented individuals to engage in global markets. We prioritize independence and the agility to adapt swiftly to seize opportunities, operating with our own capital and assuming our own risks.About the Role:The ideal candidate for...
-
Chicago, Illinois, United States OCR Alpha Full timeJoin Our Team at OCR AlphaWe are seeking a highly skilled Treasury Operations Specialist to join our team at OCR Alpha, a leading multi-strategy hedge fund. Our client operates a model that covers equity long/short, fixed income, commodities, and credit trading, with offices across Chicago, New York, London, and Singapore.The successful candidate will work...
-
Senior Treasury Analyst
4 weeks ago
Chicago, Illinois, United States Gilder Search Group Full timeThe Treasury Manager is responsible for ensuring that all treasury functions and associated internal controls, policies, and procedures are functioning effectively and efficiently on a global scale for Gilder Search Group. This role involves monitoring foreign exchange risk, collaborating with various business units to mitigate financial risks, and executing...
-
Senior Consultant, Hedge Fund Services
2 days ago
Chicago, Illinois, United States Northern Trust Full timeAbout Northern TrustNorthern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we have established ourselves as a trusted partner for individuals, families, and institutions seeking innovative financial services and guidance.Our commitment to service, expertise, and integrity has enabled us to...
-
Middle Office Analyst
4 weeks ago
Chicago, Illinois, United States Adams Street Partners Full timeAdams Street Partners is a distinguished global investment management firm specializing in private markets, overseeing $59 billion in assets. As a fully employee-owned organization, we cultivate a unique culture characterized by collaboration, integrity, and a commitment to professional growth. Recognized for six consecutive years as one of Pension &...
-
Chicago, Illinois, United States OCR Alpha Full timeJoin Our Team at OCR AlphaWe are seeking a highly skilled Treasury Operations Specialist to join our team at OCR Alpha, a leading multi-strategy hedge fund. Our client operates a global model with offices across Chicago, New York, London, and Singapore, covering equity long/short, fixed income, commodities, and credit trading.The successful candidate will...
-
Senior Consultant, Fund of Funds Administration
4 weeks ago
Chicago, Illinois, United States CEDENT Full timeAbout the RoleWe are seeking a highly skilled and experienced Senior Consultant to join our Fund of Funds Administration team at CEDENT. As a key member of our team, you will be responsible for overseeing and undertaking various activities related to fund trading, reporting, and rebalancing operations.Key ResponsibilitiesOperate independently with in-depth...
-
Senior Associate
2 weeks ago
Chicago, Illinois, United States SS&C Full timeAbout the RoleWe are seeking a highly skilled Senior Associate to join our Fund Accounting team, specializing in Hedge Fund or Private Equity Fund Accounting. As a key member of our team, you will be responsible for preparing and processing transactions and financial reports, exercising sound judgment regarding the application of accounting principles to...
-
Senior Financial Analyst
3 weeks ago
Chicago, Illinois, United States Kraft Heinz Company Full timeAbout the RoleWe are seeking a highly skilled and experienced Senior Analyst to join our Global Treasury team at Kraft Heinz Company. As a key member of our team, you will be responsible for managing the company's global foreign currency risk and providing expert advice on financial matters.Key ResponsibilitiesLead the global FX risk management function,...
Analyst, OTC/FX, Middle Office, Hedge Fund Services
3 months ago
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.
OTC Analyst, Northern Trust Hedge Fund Services
Northern Trust Hedge Fund Services offers world-class, scalable technology and dedicated expertise to serve Hedge Funds and large Institutional Investors with complex portfolios and product types. The business provides comprehensive middle office and administration services, including trade processing, asset servicing, valuation and profit and loss reporting, cash and collateral management, reconciliations, accounting and NAV calculations and investor servicing and reporting.
Job Description:
The OTC Analyst is responsible for the verification, settlement, life cycle event processing and break resolution related to all client OTC transactions. In addition, the Sr. Analyst is responsible for the affirmation/confirmation of all OTC trade types on electronic platforms and/or on paper as well as the completion of requested amendments related to all client OTC trade bookings.
Major Duties:
- Affirmation/Confirmation of all OTC trades on electronic platforms or on paper where required
- Manage the settlement of swap cash flows associated with OTC products, including unwinds, fees, resets, and premiums
- Assist in proper operational reflection of OTC trades
- Review booking of corporate actions and dividends/coupons to ensure accurate position and p/l attribution
- Efficiently identify and resolve transaction discrepancies between client and swap counterparties. Liaison between trading desk, control groups and counterparties to resolve any economic discrepancies on trades in a timely and efficient manner
- Process all aspects of periodic resets for vanilla and exotic IRS, CDS, and Equity OTC products
- Ensure timely receipt of OTC confirmations from trading counterparties
- Ensure accuracy of transaction agreements and modifications
- Work with IT in the development and enhancement of the trade management system
- Prioritize time accordingly to action trade breaks by end of day
- Understand and process trade activity in accordance with established operations policies and procedures; understand and minimize risk associated with trade mismatches
- Must be able to interact with coworkers and clients in a fast-paced trading environment.
- Should be intellectually curious, intuitive, and trustworthy and have the highest ethical standards
- Effectively address a number of internal and external audiences in a professional manner
- Assist in the training of personal internationally
- Perform other related duties as required
Knowledge/Skills:
Minimum Qualifications (Education, Experience, Skills):
- Minimum Bachelor's Degree
- Excellent people skills; ability to dynamically act as knowledgeable point of reference to co-workers domestically and internationally
- Proficiency in Microsoft Excel, VBA and Word
- Excellent math and analytical skills
- Excellent English, grammar, written and oral communication skills
- Ability to handle multiple tasks under extremely time sensitive conditions
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.
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.
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.
