Consultant, Corporate Actions
Chicago, IL - USA
Job Summary
About Northern Trust:
Northern Trust a Fortune 500 company is a globally recognized award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the worlds most successful individuals families and institutions by remaining true to our enduring principles of service expertise and integrity. With more than 130 years of financial experience and over 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
Role Summary
Under general supervision (but works independently most of the time) responsible for coordinating global partnership across all operational functions (valuations/pricing attribution/performance data management reconciliation Corporate Actions).
This role requires excellent understanding of various investment instruments e.g. Equities and Fixed Income. As a Consultant you will provide valuable guidance and support to our clients in navigating corporate action events.
Primary Duties and Responsibilities
Responsibilities will include setting up of an Event Announcement Election Management Processing of Entitlements as well as Reconciliation Investigation and Resolution of Corporate Actions related issues.
Perform detailed analysis of all global Corporate Action event types including but not limited to Mergers Dividends Exchanges and Tenders to provide comprehensive insight to the internal and external partners.
Proactively identify potential risks and opportunities associated with Corporate Actions to develop process improvements or in support of initiatives that benefit division/department strategy
Responsible for ensuring all updates are incorporated into relevant Corporate Actions Procedures.
Cross-functionally collaborate with internal partners across the enterprise to resolve escalations inquiries incidents and challenges as quickly as possible.
Maintain and pro-actively communicate the BCP procedure updates to the team.
Adherence to Standards & Procedures and the promotion of best practices.
Maintain KPIs Volumes trend analysis and Error log for the process.
Should be highly agile to assume various cross-functional roles and responsibilities in alignment with business demands
Provides hands-on training for new staff and functional cross-training for experienced staff.
Generates ideas for operational efficiency and assesses impact.
Necessary Knowledge and Skills
Understanding of the Corporate Action Lifecycle processes and related Asset Management functions preferred.
Knowledge of global market nuances related to Corporate Action processing financial markets legal and regulatory requirements preferred.
Exceptional analytical and problem-solving skills.
Ability to lead and manage projects and system development changes.
Experience operating industry recognized platforms such as Aladdin and Eagle preferred
Excellent oral and written communication skills.
Necessary Experience and Education
Bachelors degree emphasis in Accounting/Finance preferred.
3-5 years of experience in Operations functions within Asset Servicing and/or Asset Management.
Experience in Corporate Actions is preferred.
Salary Range:
$66700 - 113300 USDSalary 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.
Working with Us:
As a Northern Trust partner greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.
Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at .
We hope youre excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Required Experience:
Contract
About Company
Discover Northern Trust’s trusted financial services for individuals, families, and institutions. Guided by service, expertise, and integrity since 1889, we offer wealth management, asset servicing, and investment solutions tailored to your goals.