Senior Analyst, Global Fee Management

About Northern Trust

Northern Trust is a global leader providing innovative wealth management, asset servicing, asset management, and banking services to a worldwide clientele including individuals, families, corporations, and institutions. Established in 1889, the company is guided by its enduring principles of Service, Expertise, and Integrity. Employing over 24,000 partners and leveraging more than 135 years of financial experience, Northern Trust uses advanced technology and distinguished service to cater to sophisticated clients globally.

Role Overview

The Senior Analyst in the Fees Division handles intricate aspects of Accounts Receivable, including account set-ups, preparing all period-end invoices for designated clients, applying cash payments, auditing account openings and closures, and managing billing-related special projects. Acting as a primary contact, the Senior Analyst assists with fee calculations, analysis, and inquiries, ensuring accuracy and efficiency. This role requires a thorough understanding of fee processes, associated risks, and their effects on the bank’s financial statements and client services. Investigation and resolution of billing concerns are crucial, alongside adherence to compliance and internal audit standards. The Senior Analyst also aids the Fee Leadership Team in maintaining best practices.

Key Responsibilities

• Manage complex Accounts Receivable tasks, including client account set-ups, period-end invoicing, cash applications, account audits, and participation in billing special projects.
• Continually review fee reports for calculation errors, data inaccuracies, and fee variations across periods for assigned accounts.
• Provide expertise and training support to new fee analysts within the team.
• Organize daily priorities to meet productivity, accuracy, and timeliness standards established by the Fees Division.
• Collaborate with business partners to ensure clients receive correct and prompt invoices and resolve billing discrepancies.
• Address fee-related inquiries from clients and partners promptly.
• Serve as a key interface among Fee Billing, SOX compliance, internal and external auditors, and operational units, offering analytical and procedural insights.
• Gain experience by cross-training in multiple fee-related areas to develop comprehensive skills.
• Respond to internal and external information requests related to fees.
• Investigate complex fee transactions thoroughly.
• Engage in initiatives and projects aimed at improving processes and enhancing operational efficiencies.
• Communicate and escalate issues effectively to Fee Management and the Leadership Team when necessary.
• Update and maintain policies, procedures, and best practice guidelines within the division.

Candidate Profile

• Experience in Accounts Receivable, Accounts Payable, or Payroll functions is preferred.
• Detail-oriented and collaborative with strong analytical and problem-solving skills.
• Excellent verbal and written communication capabilities.
• Proficient in managing time, multitasking, setting priorities, and providing feedback timely to management.
• Self-driven and adaptable, capable of thriving in a dynamic and fast-changing environment.
• Strong organizational and planning skills with a keen eye for detail.
• Ability to perform well under pressure and meet stringent deadlines.
• Solid mathematical aptitude with proficiency in Microsoft Excel.
• Holding a Bachelor’s degree is preferred, or equivalent knowledge of the Financial Services sector.

Work Authorization

Applicants must currently possess and maintain the right to work in Ireland throughout their employment tenure. Northern Trust does not offer employment permit sponsorship for this position, including but not limited to Critical Skills, General or Intra-Company Transfer Employment Permits, or Stamp 1G permissions.

Work Environment and Values

Joining Northern Trust means becoming part of a flexible, cooperative culture underpinned by financial stability and strength. The company fosters career mobility and accessibility of senior leaders, promotes an inclusive workplace, and encourages community service. Philanthropy is a core element of the corporate culture, with employees worldwide contributing time and talent to their communities.

Reasonable Accommodation

The company is committed to supporting individuals with health concerns or disabilities by providing reasonable accommodations during the employment process. Applicants may contact the HR Service Center for such requests or discuss requirements with their recruiter.