Consultant, Investment Operations - Urgent

We are looking to hire a capable Consultant, Investment Operations to join our awesome team at Northern Trust in Melbourne.
Growing your career as a Full Time Consultant, Investment Operations is a terrific opportunity to develop useful skills.
If you are strong in project management, decision-making and have the right mindset for the job, then apply for the position of Consultant, Investment Operations at Northern Trust today!

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.   

 

Role Summary

 

As the Consultant on the Investment Operations Outsourcing (IOO) team, you will have broad, in-depth knowledge of the business and acts as the first point of reference for day-to-day queries as well as serves as a liaison to related areas. 

 

You will work on relatively complex, high profile activities and projects involving committees and/or senior management and clients. Focus areas include maintenance and implementation of policies and procedures, while building towards becoming an area expert.

 

This role will report to the Manager of Transitions and Reconciliations within the IOO Australia group.

 

We are open to considering professionals in both Melbourne and Sydney locations.

 

What you will do

 

Responsible for providing client service through the execution of daily functions and tasks within the IOO team

Liaising with clients, market counterparties and other business areas to clear and investigate issues through to resolution for the explanation of these to clients  as well as acting as a liaison with client service teams to drive issue resolution

Responsible for providing timely response to queries and finding resolution to avoid repetitive actions

Responsible for oversight of offshore production of operational activity across middle office records

Track all issues by managing operational logs with offshore teams, working with them to remediate all service issues encountered with a proposed plan for resolution

Identify opportunities for improvement within existing process and/or technology applications while acting as a liaison with partner areas to drive resolution

Understand and responsible in enhancing and maintaining operating procedures and controls, and cross train on other functions as well as provide back up

Responsible for understanding client’s business needs and deliverables, including working on fund launches and transition activity events across a range of middle office and fund administration services

Ensure accurate execution of planned transition event activity through all Northern Trust services, reviews event for accuracy and provides sign off to client

Establish, build  & maintain effective working relationships with key partners internal and external to the organization,  and drive the engagement of other partners as appropriate to solve client inquiries/issues

Understand reconciliations of daily cash and stock positions across middle office and custody book using TLM Premium (Smart Stream application) to ensure accurate portfolio holdings are available to traders and portfolio managers

Identify potential risk items and exposure on a timely basis with a view to close these areas of risk

Understand client Service Level Agreements (SLAs) that are directly related to job function(s)

Assisting with build, completion and delivery of monthly internal and client KPIs, as well as production of daily & monthly MIS for senior management

Ensuring correct control procedures are adhered to and a full audit trail is recorded and maintained at all times.

 

About You

 

A good knowledge of the asset servicing industry, acquired through experience in both middle office and custody records is critical for this position

Good Knowledge of Middle Office operations specifically on trade lifecycle, matching, settlement and reconciliation

Demonstrated client servicing capabilities and excellent communication skills are also required for success in this role

Proven experience within investment management/asset servicing industry with the majority of this working directly in an investment operations team

Excellent oral and written presentation skills are required

Must be resilient to pressure and must have the ability to adapt quickly.

Strong analytical skills are required to research and resolve inquiries/issues. 

Organizational skills are required to manage conflicting priorities and multitask functions in a fast-paced team environment

Experience with Global Equities, Fixed Income, FX and Money Market Asset Classes (good to have)

 

 

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.   

 

In Australia, we are actively involved in many ways with both community and diversity organisations, which includes paid volunteer days. For families, we offer a very generous parental leave scheme, and all staff have access to subsidised health insurance if they choose.    

 

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today! #MadeForGreater  

Want to learn more about our company? Visit www.northerntrust.com

We are a leading global financial institution - Click here to check out our company accolades! 

Benefits of working as a Consultant, Investment Operations in Melbourne:

● Learning opportunities
● Opportunities to grow
● Attractive package