Analyst X 3 - Hedge Fund Services (OTC Derivatives)

Role The job involves working for a Global fund administrator, specializing in administering assets of complex hedge funds. Familiarity with OTC products would be advantageous. The successful candidate is a strong performer who takes ownership of responsibilities and achieving objectives.  Team focus and the ability to function independently in a fast-paced, dynamic and demanding environment is essential. This person is proactive in resolving conflict and demonstrates exemplary follow-through. He/she adds value by working on a number of simultaneous tasks/projects with minimal supervision while paying special attention to detail. The ideal candidate is an effective communicator and works well with partner areas.  Familiarity/Knowledge of OTC markets, products and settlements is extremely beneficial. Responsibilities Efficiently identifies and resolves transaction discrepancies between firm and swap counterparties Ensuring timely receipt of electronic-based OTC confirmations from trading counterparties Reviewing swap confirmations covering all OTC products such as total return swaps, equity options, structured equity products, convertible bond options, credit defaults, rates and fixed income products Managing the settlement of swap cash flows associated with OTC products, including unwinds, quarterly fees, resets, upfront fees, coupons and premiums Assisting in monitoring daily trade capture of OTC trades and exception queue monitoring Reviewing corporate action bookings and dividends/coupons to ensure correctly affecting position Assisting in development and implementation projects which promote automation and efficiency as well as work with IT in the development/enhancement of trade entry Processing all aspects of periodic resets for vanilla and exotic IRS, CDS, and TRS products Carrying out complex activities with significant financial, client, and/or internal business impact Communicating effectively with both internal partners and clients, tailoring info to audience as required Skills / Experience Proven work experience in an operational role desirable. All other relevant experience taken into account. Excellent written and oral communication skills Proven team player, taking ownership for own role while contributing to wider team efforts Knowledge of basic accounting principles and procedures, familiar with financial markets and instruments and Hedge Fund structures Client service experience desired Ability to work under pressure and to deadlines in a demanding and fast growing department Highly flexible and adaptable to change Undergraduate degree in Finance, Accounting or related subject About Northern Trust For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands. We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater. Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion. As of September 30, 2017, Northern Trust Corporation had: $131 billion in banking assets $7.8 trillion in assets under custody $9.7 trillion in assets under custody/administration $1.1 trillion in assets under management