Senior Consultant, Collateral Management, Middle Office

🕒 April 28

🏢🏡 Chicago – Hybrid

💵 $83.1k - $141.3k / year

⏰ Full Time

🟠 Senior

💼 Consultant

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

Apply Now

Find Similar Remote Jobs

Receive Emails For Remote Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

Northern Trust

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1889

💸 Finance

🏦 Banking

🏢 Enterprise

Finance • Banking • Enterprise

Northern Trust is a trusted financial advisor known for its commitment to service, expertise, and integrity. The company provides financial services to a diverse range of clients including family offices, financial advisors, corporations, and nonprofits. With a focus on integrated trading solutions and insights into economic challenges, Northern Trust offers a comprehensive range of services tailored to the needs of various financial entities. It also emphasizes research and client engagement to help shape economies and optimize fund operations. Founded in 1889, Northern Trust continues to build on its reputation as a leader in the finance industry.

📋 Description

• Manage the daily margin process across OTC (bilateral and centrally cleared), Repo and Futures for Middle Office clients • Respond quickly and accurately to requests in a high volume, time sensitive trading environment • Lead key client implementations to onboard Collateral clients in accordance with SLA • Review and setup of client collateral terms based upon ISDA, GMRA or similar docs • Administer process to deliver and exchange securities in accordance with client’s eligibility rules • Direct month-end collateral interest process from reconciliation to settlement • Oversee margin reconciliations and resolution of breaks through TriResolve platform

🎯 Requirements

• 4-6+ years of work experience with direct experience in Collateral Management • Experience in project management and client interaction • Understanding of basic accounting principles and procedures • Familiarity with Hedge Fund structures, products and financial instruments • Excellent written and oral communication skills

🏖️ Benefits

• 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 • other voluntary and well-being benefits • discretionary bonus program that may include an equity component