at Northern Trust Company in Chicago, Illinois, United States
Job Description
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 world's 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 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Major Duties:
In your role as an Analyst within Cash Operations you are responsible for assisting in different area functions such as processing payments, assist with client facing scenarios, analyze documents to ensure efficient processing for clients, and identify any discrepancies as it relates to payments.
When supporting our client facing role you will be responsible for supporting various groups in relation to processing international wires/money movement. Primary activities include, but are not limited to executing wire transfers, preparing, and producing client disclosures, resolving client inquiries, relaying wire information to clients and Support Partners over the phone, as well as ensuring accurate and complete information when presenting client disclosures with regards to their international wires, also ensuring adherence to Dodd Frank regulations all functions completed through phone interaction with clients.
When supporting our processing team, you will be responsible for supporting various groups as it relates to processing client payments. primary activities include analyzing letter of directions daily to ensure efficient processing is completed from start to finish. Working in duality with remote site to assist with inputting and approving various transactions using different accounts such as domestic and global. Under direct supervision responsible for initiating electronic movement of funds, wires transfers, checks and Foreign Exchange involving Trades, dividends, corporate actions, and journal postings.
Primary job functions include but aren't limited to.
Executing transactions as requested and confirmed by client/servicing partners within daily time frame deliverables.
Facilitate electronic movements of funds and/or foreign exchange processing within defined procedures and timelines.
Maintains a strong understanding of required steps involved with each activity in payment processing, proactively communicates with team leads, clients, and servicing partners to escalate more complex problems.
Addresses the requirements of each activity in a timely fashion and in strict adherence to Northern Trust and Enterprise Operations Risk Management/Compliance guidelines and procedures, promptly escalating any issues or concerns to management and adhering to policy and procedure.
Adhere closely to schedule to be readily available to support client needs through calls.
Reviews and maintains client records in relation to international wires processed, inclusive of any related documentation pertaining to Cash operations.
Maintains/develops strong knowledge of complex business applications critical to all payment types.
Work under direct supervision while handling repair exception for both incoming and outgoing wires.
Working out of various queue-based sources such as email and wires for cancellations and confirmation.
Will be required to work overtime, some holidays and weekends based on business needs.
Strives to identify service efficiency and delivery...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
