Analyst - Global Fee Management

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.

As part of the Fees Division, the Analyst position is an entry level role responsible for various aspects of Accounts Receivable, from set-ups, generation of all period-end invoicing for designated clients, to cash application. This role is a primary contact for all fee related calculations, analysis and inquiries for these invoices. The Analyst must accurately and efficiently complete all assigned fee related tasks and responsibilities, as well as 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 Analyst will investigate billing issues as they arise and drive them to resolution to ensure we provide accurate and timely billing.

Major Duties:

• Responsible for the various aspects of Accounts Receivable, from set-ups, generation of all period-end invoicing for designated clients, to cash application within department deadlines
• Proactively monitor fee information on reports for errors with calculations, input, and variances in fees for assigned accounts from one period to another.
• Prioritize daily tasks to ensure productivity, accuracy and timeliness expectations are met in accordance with 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.
• Cross train on multiple fee areas to build a well-rounded experience.
• Work within set guidelines/procedures defined to complete each transaction with accuracy.
• Communicate and escalate issues to Fee Management/Leadership Team as required.
• Research moderately complex billing transactions and reporting issues with some guidance from the subject matter expert.
• Participate in projects and initiatives focused on process improvements and efficiency.
• Maintain policies and procedures and utilize best practices.

Knowledge:

• 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.

Experience:

Bachelor's degree preferred or demonstrates knowledge of the Financial Services industry, with 2-3 years of related experience in Accounts Receivable, Accounts Payable or Payroll.

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 [email protected].

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.