Consultant, Product Control, Integrated Portfolio Services (IPS)

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

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.

Work Authorization

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).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.