Sr Analyst, OTC - Hedge Fund Accounting

The role at Northern Trust involves working for a Global Hedge Fund Administrator, with a focus on administering assets of complex hedge funds. The ideal candidate will possess a strong technical Accounting background and have experience within the Financial Services industry. Daily responsibilities include reconciling transactions, security positions, and cash related to all trading activities conducted by clients. Key duties include confirming OTC trades, managing swap cash flows, processing periodic resets for various products, liaising between different departments and counterparties to resolve discrepancies, ensuring timely receipt of OTC confirmations, and assisting in the development of projects and software to enhance automation and efficiency. Additionally, the role involves analyzing economic breaks, minimizing trade mismatches, and reviewing corporate actions and dividends/coupons for accurate position and P/L impact. The employee is expected to comply with regulatory requirements, exercise due care and diligence, uphold proper standards of conduct, and report to the Team Leader or Section Manager. Skills required for the role include promoting teamwork, analytical and numerical abilities, time management, process improvement expertise, advanced Excel knowledge, and excellent communication skills. Qualifications for the position include a minimum of 2+ years of experience in a Financial Services environment, preferably in OTC affirmation and settlement processes. Experience with Hedge Funds, Investment Management, or Financial Services is advantageous, along with a Bachelor's degree in Accounting, Finance, or a related discipline. Familiarity with complex derivative products and clearing platforms is also desirable. Working at Northern Trust offers a collaborative and flexible work culture, with opportunities for career advancement and a commitment to community assistance. The company values inclusivity and flexibility, encouraging employees to discuss their flexible working requirements. If you are interested in joining a reputable and sustainable organization, apply today to explore the possibilities of working with Northern Trust.,