Consultant, Derivatives-Limerick

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

The mission of The IOO OTC Trade Capture team is to support and facilitate the capture and reporting of OTC trades to client books and records and interested 3rd parties.

This includes capture, affirmation, and lifecycle events.

The key responsibilities of the role include:

• End-to-end lifecycle management of OTC trades
• Lead reconciliation and break resolution activities
• Investigate complex trade and lifecycle exceptions
• Provide support and guidance to junior team members
• Act as operational contact point for clients and stakeholders
• Produce and review management information (MI)

Controls & Risk

• Ensure adherence to control frameworks and audit requirements
• Perform second-level checks and reviews

Systems / Platforms

• Omnium (trade capture)
  • ERAM
  • GG Browser
  • GTX
  • GFIN
  • Reset Manager
  • GPX
• DDM (Derivatives Data Management Hub)
• TriResolve (reconciliation)
• Fundmaster / accounting systems

The ideal candidate should have a fair amount of the following skills & experience:

• Applies general knowledge of business developed through education or past experience
• Exchanges straightforward information, asks questions and checks for understanding
• Proven ability to work effectively within strict deadlines
• Demonstrated ability to process large and variable volumes accurately whilst consistently meeting external and internal deadlines
• Thorough knowledge of the Derivatives market, complex products and operating conventions, including product lifecycles
• Experience using Derivative market platforms and utilities
• Ability to identify and pursue improvement opportunities
• Demonstrates a drive for accuracy, to work systematically to meet and maintain standards and adhere to established procedure.
• Takes initiative to accomplish tasks and make decisions according to risk, priorities and deadlines.
• Focuses on Client needs (internal and external) and works proactively to create mutually beneficial long-term solutions and relationships
• Appreciates and seeks to leverage different perspectives and opinions, creating an inclusive environment.
• Demonstrates the ability and drive to work cooperatively with others towards shared goals.
• Challenges assumptions in order to drive continual improvement. Thinks creatively and develops new ideas or ways of doing things without increasing costs or risk.
• Demonstrates commitment to personal leadership and growth. Seeks feedback in order to improve own and team performance.
• Seeks to understand the audience and their perspectives to clearly convey written and oral information and build understanding.
• Excellent MS Excel/Word skills

Work Authorization

Applicants must have the right to work in Ireland at the time of application and for the duration of employment.

Please note that Northern Trust is unable to provide employment permit sponsorship for this role. This includes Critical Skills Employment Permits, General Employment Permits, Intra-Company Transfer Employment Permits, Stamp 1G permissions, and other employment permits under Irish immigration frameworks.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.