Major Duties:
1. Manages the daily P&L and valuation process covering various cash securities and derivative products.
2. Prepares daily P&L and risk reports, as well as P&L attribution and explanation to clients.
3. Prepares and manages monthly (or more frequently as required) price verification process and associated reporting.
4. Manages any necessary model review process and associated documentation.
5. Coordinates monthly close process with corporate/fund accounting.
6. Engages with clients and valuation vendors to complete review of new products.
7. Prepares presentations and analysis as required on trading strategies, process improvement, and valuation analysis.
8. Designs and implements process improvements to improve daily P&L and price verification process.
9. Operates independently; has in-depth knowledge of business unit / function.
10. As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.
11. Carries out activities that are large in scope, cross-functional and technically difficult.
12. Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.
13. Strategic in developing, implementing and administering programs within functional areas.
Knowledge:
Excellent oral and written communication skills are required
In-depth Functional / Industry Knowledge is required
Highly flexible and adaptable to change
Technical skills / systems knowledge is required
Experience:
A College or University degree and/or relevant proven work experience is preferred. Related Industry qualification (e.g. ACCA) is preferred
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)
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Salary Range:
$74,200 - 126,200 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
