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Analyst, Income Process

Analyst, Income Process

Northern TrustChicago, IL, US
1 day ago
Job type
  • Full-time
Job description

Northern Trust Financial Position

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

  • Responsible for the collection, verification and processing of income related entitlements in an accurate timely manner
  • Cleanse data, analyzing impact of events and processing approach required
  • Set up and process events on the accounting system(s)
  • Identifying and resolving issues, or escalating to Team Leader where required
  • Actively participate in team discussions and make suggestions that lead to quality, resource and target orientated improvements
  • Maintain documented procedures to ensure team compliance with industry regulation and best practice
  • Ensure that the Incident / regulatory breach reporting procedure is followed
  • Contribute to effective team-working and the overall efficiency of the team by assisting in the day-to-day training and coaching of less experienced members of the team
  • Handles complex operating issues within the team
  • Carries out complex activities with significant financial, client, and / or internal business impact
  • May have direct interaction with committees and / or Senior Management
  • Able to serve as a key subject matter expert and mentor to other more junior level employees

Knowledge

Excellent oral and written communication skills are required. Functional / industry knowledge is required, specifically income processing. Understanding of income event types across major markets and across all instrument types. Analytical and problem solving skills are required.

Experience

A college or university degree and / or some relevant work experience is required.

Salary 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.

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.

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 sustainable companies! Build your career with us and apply today.

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 MyHRHelp@ntrs.com.

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Analyst • Chicago, IL, US

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