Northern Trust
Financial Services
SeniorConsultant,ProductControl,HFS
“Senior Consultant, Product Control, HFS at Northern Trust. Skills: Collateral Management, Middle Office, Hedge Funds Services. Manage daily margin process. Issue and respond to margin calls”
Industry & Context.
Investigating exceptions; Resolving disputes; Resolving breaks
No visa sponsorship
What They're Looking For.
Must Have
4-6+ years Collateral Management experience, Bachelor's degree, Authorized to work in U.S. without sponsorship
Nice to Have
MBA desired, CPA desired, CFA desired, Project management experience, Client interaction experience, Familiarity with Hedge Fund structures, Familiarity with Hedge Fund products, Familiarity with financial instruments, Familiarity across Futures margin, Familiarity across OTC margin, Familiarity across Repo margin, Familiarity across PB margin
What You'll Do.
Manage daily margin process
Issue and respond to margin calls
Investigate margin exceptions
Escalate margin disputes
Respond to requests in trading environment
Lead client implementations
Onboard Collateral clients
Manage client engagement
Highlight service level
Highlight key controls
Highlight dependencies
Identify client deliverables
Identify client notifications
Investigate bespoke requests
Review client collateral terms
Determine eligible securities
Agree collateral process
Deliver and exchange securities
Process cash transactions
Process securities transactions
Track transactions for settlement
Handle post-settlement
Direct month-end collateral interest process
Reconcile month-end interest
Settle month-end interest
Develop collateral reports
Provide collateral reports
Publish collateral reports
Oversee margin reconciliations
Resolve margin breaks
Resolve disputes with clients
Resolve disputes with counterparties
Resolve disputes with internal partners
Capture client requirements
Formalize client requirements
Support development of collateral offering
Expose additional solutions
Prioritize development
Test collateral management development
Implement collateral management development
Liaise with clients during onboarding
Establish connectivity with counterparties
Administer account implementation
Communicate status to internal partners
Communicate with team members
Communicate with internal groups
Communicate with external counterparties
Define business requirements for IT projects
Define business requirements for enhancements
How You'll Work.
Team & Collaboration
Work with clients; Work with partner areas; Work with business development; Work with business owners; Work with SMEs; Work with IT; Work with internal partners; Work with counterparties; Work with team members; Work with internal groups; Work with external counterparties
Communication Scope
Written communication; Oral communication; Effective communication
Process & Methodology
Project management
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