About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

About the role:

As part of the Fees Division, the Senior Analyst role is responsible for the complex aspects of Accounts Receivable, from set-ups, generation of all period-end invoicing for designated clients, cash application, account openings and closing audits, to billing related special projects. This role serves as one of the primary contacts for all fee related calculations, analysis and inquiries from our business partners. The Sr. Analyst must accurately and efficiently complete all assigned fee related tasks and responsibilities, demonstrate a firm understanding of our processes, the risk associated with them, their impact to the Bank’s financial statements and to our clients. The Sr. Analyst will investigate billing issues as they arise and drive them to resolution to ensure we provide accurate and timely billing. The Sr. Analyst will adhere to the compliance guidelines and internal auditing requirements of the Bank and assist the Fee Leadership Team with ensuring best practices are being followed.

The key responsibilities of the role include;

Responsible for the complex aspects of Accounts Receivable, from set-ups, generation of all period-end invoicing for designated clients, cash application, account openings and closing audits, to billing related special projects
Proactively monitor fee information on reports for errors with calculations, input, and variances in fees for assigned accounts from one period to another
As the subject matter expert, assist with the training and development of new fee analysts
Prioritize daily tasks to ensure productivity, accuracy and timeliness expectations are met in accordance to the established guidelines of the division
Work in collaboration with our business partners to ensure accurate and timely invoicing to the client and solving billing related issues
Resolve client/partner fee related inquiries in a timely manner
Serve as a key liaison between Fee Billing, SOX, internal and external auditors, and other operational areas to provide analytical and procedural expertise
Cross train on multiple areas in Fees to build a well-rounded experience
Provide support for internal and external requests
Research complex fee transactions
Participate in projects and initiatives focused on process improvements and efficiency
Communicate and escalate issues to Fee Management/Leadership Team as required
Maintain policies and procedures and utilize best practices

Skills/Experience;

The successful candidate will benefit from having;

Related experience in Accounts Receivable, Accounts Payable or Payroll.
Detailed-oriented, team player with an analytical mind, and good problem solving capabilities
Excellent oral and written communication skills
Good time management, ability to multi-task, prioritize work and provide timely feed-back to management
Self-motivated, self-starter, ability to thrive in a fast-paced, dynamic and demanding environment with a flexible approach towards changing work methods, deadlines and variable workloads
Strong planning, organizational and problem solving skills with attention to detail
Ability to work under pressure and to deliver to tight deadlines
Strong mathematical skills, proficient with Excel
Bachelor’s degree preferred or demonstrates knowledge of the Financial Services industry

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Senior Analyst, Global Fees Management

Job Description