Senior Consultant, Middle Office, Hedge Fund Services

Northern Trust

. Affirms OTC trades from prior trade date .

Posted 4/22/2026full-timeChicago • Illinois • 🇺🇸 United StatesSenior💰 $83,100 - $141,300 per yearWebsite

About the role

Key responsibilities & impact

Affirms OTC trades from prior trade date
Ensures timely receipt of electronic-based OTC confirmations from trading counterparties
Ensures accuracy of transaction agreements and modifications
Assists swap confirmation team in covering all OTC products
Manages the settlement of swap cash flows associated with OTC products
Assists in proper operational reflection of OTC trades
Reviews booking of corporate actions and dividends/coupons
Assist in developing and implementing projects and software
Efficiently identifies and resolves transaction discrepancies
Processes all aspects of periodic resets for vanilla and exotic products
Assists in the training of staff globally
Operates independently; has in-depth knowledge of business unit / function
Provides comprehensive, in-depth consulting and leadership to team and partners

Requirements

What you’ll need

A College or University degree and/or relevant proven work experience is preferred
Related Industry qualification (e.g. ACCA) is preferred
Excellent oral and written communication skills are required
In-depth Functional / Industry Knowledge is required
Highly flexible and adaptable to change
Technical skills / systems knowledge (e.g. Peoplesoft) is required

Benefits

Comp & perks

Retirement benefits (401k and pension)
Health and welfare benefits (medical, dental, vision, spending accounts and disability)
Paid time off
Parental and caregiver leave
Life & accident insurance
Other voluntary and well-being benefits
Discretionary bonus program that may include an equity component

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

OTC trade affirmationtransaction accuracysettlement of swap cash flowstransaction discrepancy resolutionperiodic resets processingproject developmentsoftware implementation

Soft Skills

communication skillsflexibilityadaptabilityleadershipconsulting

Certifications

ACCA