Analyst, reconciliationsNorthern Trust

The Analyst requires working for a Global Hedge Fund Administrator, specializing in administering assets of complex hedge funds. The role requires good understanding of various investment instruments like Equities, Fixed Income Products, Derivatives, Swaps, CFDs, Repos etc. The role also requires experience and knowledge in financial markets and back office functions.
Major Duties:
Understanding and reconciliations of transactions, security positions and cash activities. Financial instruments type include but not limited to: OTC products - Swaps, CFD, etc.
Knowledge of Equity, Fixed Income, Futures and Options, Custody, Bank & Prime Broker Accounts
Analyse security and cash positions to identify discrepancies between customer's position and counter party
Good understanding of process flow for reconciliation process.
Ensuring the processes are in adherence with SOPs and the same are updated as required.
Should be capable of understanding various control checks.
Should be able to timely escalate all the issues.
Understand risks associated with breaks and trade mismatches.
Understanding the settlement of cash flows associated with various financial instruments.
Should be capable of handling queries in a high volume, time sensitive trading environment.
Ability to work on ad-hoc activities.
Should have the ability to maintain various MIS reports.
Skills:
Good analytical, numerical and reasoning skills
Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment.
Proficiency in MS Office (particularly Excel & Word)
Excellent spoken and written English and the ability to write business correspondence.
Ability to work effectively as a team
Ability to evaluate priority and multi-task with minimal supervision.
Qualifications:
Bachelor's degree with emphasis in Accounting, Master degree a plus
Minimum 2 years of work experience in financial industry with at least 1 year in reconciliations related activities.
Knowledge of accounting principles and procedures, familiarity with financial markets and instruments.
Should be flexible for shifts and extended working hours.
Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
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 that is committed to strengthening the communities we serve!
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021:
Gender Equality Index Member, Bloomberg
Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine
We'd love to learn more about how your interests and experience could be a fit with one of America's best banks and most sustainable companies! Build your career with us and apply today.
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.
If, because of a medical condition or disability, you need reasonable accommodation for any part of the employment process, please email us at APAC_Talent_Acquisition_Communications@ntrs.com
Additional Information
Northern Trust

Manila City, Metro Manila
Permanent
Full-time