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:
- Assist in different area functions such as processing payments, client-facing scenarios, analyzing documents for efficient processing, and identifying discrepancies related to payments.
- Support various groups in relation to processing international wires/money movement.
- Execute wire transfers, prepare and produce client disclosures, resolve client inquiries, and relay wire information to clients and Support Partners over the phone, ensuring adherence to Dodd-Frank regulations.
- Analyze letters of directions daily to ensure efficient processing from start to finish.
- Assist with inputting and approving various transactions using different accounts such as domestic and global.
- Initiate electronic movement of funds, wire transfers, checks, and Foreign Exchange involving trades, dividends, corporate actions, and journal postings under direct supervision.
- Execute transactions as requested and confirmed by clients/servicing partners within daily time frame deliverables.
- Facilitate electronic movements of funds and/or foreign exchange processing within defined procedures and timelines.
- Maintain a strong understanding of required steps involved with each activity in payment processing and proactively communicate with team leads, clients, and servicing partners to escalate complex problems.
- Address the requirements of each activity in a timely fashion, adhering to Northern Trust and Enterprise Operations Risk Management/Compliance guidelines, and escalate any issues to management.
- Review and maintain client records related to international wires processed, inclusive of any related documentation.
- Maintain/develop strong knowledge of complex business applications critical to all payment types.
- Handle repair exceptions for both incoming and outgoing wires.
- Work out of various queue-based sources such as email and wires for cancellations and confirmations.
- Identify service efficiency and delivery enhancements, participating in business unit initiatives related to process, technology, and system enhancements when directed by management.
- Assist in driving cross-skill initiatives to support multiple areas in payment operations.
- Work towards becoming proficient in all areas of the job.
Experience:
- A College or University degree and/or some relevant work experience is preferred.
- Related Industry qualification/or studying towards is preferred.
Knowledge:
- Strong work ethic and ability to work under high pressure.
- Excellent oral and written communication skills are required.
- Spanish speaking preferred.
- Analytical and problem-solving skills are required.
- Attention to detail and accuracy.
- Basic understanding of payment/banking knowledge including wire instructions.
- Good interpersonal skills are required.
- Strong Excel skills and usage of a Macro is a plus.
- Good understanding of using SharePoint when housing or retrieving documents.
- Must be comfortable speaking to clients via phone daily.
Holidays and Overtime:
- May be required to work overtime, holidays, and weekends based on business needs.
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.
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.
Reasonable Accommodation:
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.
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
For further information, and to apply, please visit our website via the “Apply” button below.
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