Jobs at Northern Trust

Lead a Hedge Fund Services product control and relationship management team overseeing valuation, P&L reporting, pricing substantiation, positional risk reporting, staffing and performance management. Assign client accounts, monitor client profitability, partner with sales and internal stakeholders, present quarterly consolidated results, recommend policy/workflow changes, and drive service delivery, efficiency, and process improvements.

Lead and grow NTAM's Overlay business by designing, implementing and managing multi-asset derivative hedging solutions. Oversee portfolio management, operational controls, client reporting and trade implementation, present capabilities to clients, collaborate with trading, ops and sell-side, and manage a team executing overlay strategies across equity, rates, currency, credit and commodity asset classes.

Perform and validate reconciliations (TLM, Nostro, Open Position, Rate, Broker invoicing); investigate and escalate discrepancies; support audits, regulatory engagements, RCSA and BCP; maintain control documentation and SLAs; produce risk/control reporting, KPIs/KRIs and support Swap Dealer monitoring. Use Murex and reconciliation tools and analyze large datasets using Power BI, Power Automate, Excel and AI platforms.

Provide administrative, operational, logistical and project support across multiple business units. Prepare and run reports, compile and analyze data for presentations, maintain business unit procedures, support client servicing action plans, and act as a technical resource for business applications. Work under direct supervision, resolve routine issues, and develop proficiency across job functions.

Lead design, implementation, and management of disaster recovery and business continuity programs across on-premises and cloud. Build and test DR architectures, run ransomware recovery exercises, integrate DR with incident response, ensure compliance, lead DR testing and audits, and drive continuous improvement and training.

Manage large-scale client programmes within Global Client Change Practice, coordinating multiple projects, resources, budgets and stakeholders to deliver client, operational and regulatory changes. Provide client communication, governance, risk tracking, requirements elicitation, and ensure timely, quality delivery while building strong relationships across Northern Trust and clients.

Lead compliance for NTGS SE on Luxembourg regulations (excluding AML/CTF): map rules, perform Compliance Risk Assessments, run and coordinate monitoring, advise business stakeholders, prepare internal and regulatory reports, manage interactions with CSSF, support policy reviews and trainings, and represent Compliance in governance and regulatory change forums.

Prepare daily financial reports for regulatory and trust reporting, maintain the general ledger, post entries, reconcile accounts, resolve routine processing issues, support meetings with internal/external partners, and assist with special projects and research.

Manage complex, high-net-worth trust and individual investment portfolios; develop and execute tailored investment strategies; collaborate with client service teams, legal and consultants; maintain best practices and risk controls; lead projects and provide thought leadership to improve investment solutions and client outcomes.

Lead design, development, and delivery of full-stack digital solutions for Client Onboarding & Lifecycle Management. Provide hands-on technical leadership, mentor teams, drive DevOps/CI-CD and cloud practices, ensure code quality, optimize application/data/event stores, monitor system health, and enforce security and governance standards to maintain scalable, reliable financial services applications.

Lead review and preparation of fund financial statements and schedules, coordinate audits and SEC filings (N-CSR, N-MFP, N-PORT Part F), serve as technical resource on derivatives and new investments, supervise staff, and support onboarding and ad hoc projects.

Manage fiduciary and agency client relationships, deliver high-quality trust services, advise on estate and financial planning, ensure compliance, grow relationships, mentor junior staff, and collaborate with internal teams to meet client goals.

Provide fund accounting expertise on complex, high-profile projects; act as first point of reference for day-to-day queries; liaise with related teams and senior management; lead projects and train junior staff; and maintain and implement policies and procedures to build area expertise.

Manage strategic hedge fund client relationships, coordinate fund administration, middle office, accounting and investor services, lead escalations and service reviews, advise senior stakeholders, identify growth opportunities, oversee pricing and profitability, and drive service delivery improvements in an alternative investments environment.

Manage and service a portfolio of wealth management clients: execute account activity, respond to client requests, coordinate with internal and external advisors, identify opportunities for relationship growth, support business development and client presentations, and develop advisory skills and product knowledge.

Perform oversight of depositary processes by reviewing and analyzing documentation, reconciling positions to documentation values, investigating system exceptions, and reviewing junior team members' work for accuracy and compliance.

Lead and oversee global KYC/EDD processes in the second line of defense, provide AML/KYC subject-matter expertise, support KYC transformation, manage risks and escalations, advise first line, support audits/regulatory exams, enhance reporting, and lead projects to improve controls and consistency across regions.

Lead strategy, roadmap, and execution of Client360 product capabilities to deliver a consistent client view across Wealth Management. Drive market analysis, product lifecycle (strategy, pricing, go-to-market), cross-platform alignment, data governance, and stakeholder collaboration. Track post-launch performance, P&L, KPIs, and adoption. Coordinate with Technology, Data, Operations, and sales to reduce duplication, improve data quality, and manage cross-team dependencies and delivery risks.

Perform monthly fund closings, prepare and analyze financial statements, interact with clients and auditors, resolve accounting questions, research complex accounting policies (U.S. GAAP/IFRS), automate processes, test integration releases, and act as subject-matter expert on HFS systems.

Lead sourcing strategy and category analytics for technology applications. Manage RFx processes, contract drafting/negotiation, supplier performance, compliance (e.g., OFAC, FCPA), procurement metrics, and ERP/ECM administration. Partner with business stakeholders to implement sourcing solutions, supplier rationalization, and demand management.