Financial Services Specialist
4 weeks ago
With over 130 years of financial experience and a globally recognized reputation, Northern Trust is proud to provide innovative services and guidance to the world's most sophisticated clients. Our team is committed to delivering exceptional results, and we are seeking a skilled Financial Services Specialist to join our team.
Job DescriptionThe Financial Services Specialist will play a critical role in managing intra-day liquidity usage by utilizing the Bank of England Liquidity Savings Mechanism. This position requires strong analytical skills, attention to detail, and effective communication abilities.
Main Responsibilities:
- Managing intra-day liquidity usage and facilitating settlement while minimizing usage.
- Determining the drivers of GBP intraday liquidity usage and compiling monthly reporting for senior management.
- Crest positions within each PID, ensuring accurate funding transfers and re-balancing nostros without unnecessary closing balances.
- Proactively monitoring intraday transactional settlement across London, Luxembourg, and NTGS, taking remedial action to mitigate settlement risk.
- Working closely with the EMEA Treasury, Credit, and external custodian/sub-custodians to manage risk.
- Compiling Profit & Loss reporting, analyzing deltas, and providing commentary to management and Finance.
Requirements:
- Competency in Microsoft Excel.
- Demonstrated understanding of Global Custody and/or related Securities Industry Cash processing.
- Strong analytical skills and attention to detail.
- Effective communication and collaboration abilities.
Benefits:
- A competitive salary of $85,000 - $110,000 per annum, depending on experience.
- A comprehensive benefits package, including health insurance, retirement savings plan, and paid time off.
- Ongoing training and development opportunities to enhance your skills and career.
About Northern Trust:
Northern Trust is a Fortune 500 company that has been in continuous operation since 1889. We are committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation, please contact our HR Service Center.
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