Analyst, Corp Actions
7 days left
- Employer
- Northern Trust
- Location
- Boston, USA
- Salary
- Competitive
- Posted
- 15 May 2023
- Closes
- 14 Jun 2023
- Ref
- 19599132
- Job Function
- Operations
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Analyst will go through Northern Trust's training program and will be able to complete the daily valuation of their assigned Clients. The candidate will be supported in a team environment as they continue to build on their accounting skills. The candidate should be willing to learn and adapt to change, have the ability to work in a team environment, and have a basic conceptual understanding of the financial markets.
Major Duties
Major Duties
- Determine Net Asset Value (NAV) for defined contribution plans on a daily basis.
- Evaluate and reconcile funds including mutual, benchmark, commingled, and collective for production of client month-end reports for daily valuation.
- Analyze the impact of transactions, income positions, accruals, and corporate actions on the portfolio investment options.
- Audit and resolve exceptions on assigned accounts according to procedures and within scheduled timeframes.
- Assist in the timely preparation of reports and financial statements in accordance with generally accepted accounting principles and performance standards.
- Record and respond to partner and client inquiries resolving exceptions related to accounts.
- Value funds on a daily, weekly, or monthly basis.
- Provide client portfolio and reporting.
- Serve as a resource to clients, partners, and members of the team for clarity, understanding, and information regarding your relationships.
- Utilize knowledge of client needs and business operations to assist with special requests of clients or other partner areas.
- Be part of all transitions, conversions and plan changes for each of your clients. i.e. Attend all meetings and stay involved with transition from start to finish.
- Assist Technical Coordinator in the nightly NAV review process.
- A College or University degree and/or some relevant work experience is preferred
- Analytical, attention to detail, as well organizational skills are required to research and resolve inquiries within scheduled timeframes to meet client deadlines while maintaining accuracy
- Good oral and written communication skills are required
- Campus : Early Career