Jamie Douglas
Plainfield,IL
Summary
Accomplished professional with more than 12 years of back office operational experience for a leading financial institution. Determined and experienced in client relationships and implementing successful processes and analytical skills.
Overview
12
12
years of professional experience
Work History
New Business - Senior Consultant ( Officer)
Northern Trust Bank
01.2017 - Current
- Serves as main point of contact for the onboarding process of new clients onto the Northern Trust custody platforms for domestic & global transitions.
- Process & reconcile new business and or additional business from prior custodians to Northern Trust . Monitors entire event from trade date to 90 days of closing file.
- Liaison between custodians, communicate with prior fund managers, prior custodians and record keepers . Communicate with our internal business units as required to obtain the necessary event information in preparation for trade & settlement date. Agree upon settlement date based upon Atlas holiday schedule. Also, communicate with sub-custodians in various countries in order to settle trade discrepancies.
- Process full or partial domestic & global distributions; Events varied per client. Equities, Fixed income & Separately Managed accounts.
- Events include trade processing and settlement via DTC & FED settlement instructions.
- Familiar with Bloomberg; Asset & Mortgage back securities.
- Prepared Global and USD wires for distribution; run projected cash reports, create wires & wire template to provide to custodian for daily, weekly and monthly monitoring. Process incoming & outgoing wires.
- Review custody file for account number, Isin/Cusip/Sedol, Nominal Shares, Cost, MV.
- Prepare global upload for trade processing, verify D/S/R, SSIs, local sub account numbers and agent bank details and ensure all trades settled in market.
- Assist in writing & updating procedures as well as training new staff.
- Review statements from prior investment managers; analyze and evaluate in order to prepare for reconciliation.
TBA TEAM - Associate Consultant
Northern Trust Bank
01.2015 - 01.2017
- Transferred cash and par value assets for internal accounts upon instructions from client administration.
- Provided daily reconciliations on all assets transferred previous business day.
- Updated Cost and Market values per admin’s request or if values are missing.
- Monitored TBA mailbox and assign work as needed when TC is unavailable.
- Researched any deliver timely resolutions for exceptions assigned.
- Perform all transfers between accounts.
Analyst
Northern Trust Bank, Mutual Fund Services
01.2010 - 01.2015
- Responsible for following established guidelines as well as identifying and resolving problems.
- Verify share balances daily with Fund Company by way of telephone, email, and website in addition to manually input fund positions that have changed by 12p.m deadline.
- Research, identify and adjust entries in a timely, accurate and appropriate manner.
- Communicated daily with account managers, record keeper and consultants for daily valuation and non-valuation accounts.
- Reconciled over 70+ Guaranteed Investment Contracts (GICs) for 401K plans.
- Assist in training new partners on all Mutual Fund daily functions.
- Review internal procedures then suggest way to enhance workflow to management.
Education
Associate of Science -
Joliet Junior College
Joliet, ILSkills
- Excellent Performer Under Pressure
- Collaborative Team Player
- Attentive to Details
- Reporting capabilities
- Processes and procedures
- Client Service/ relationships
- Ability to multi-task
- Critical thinking
- Time Management
- Excellent communication
- Trade settlements
- DTC & FED Securities
- Gobal Cash & security settlement
Timeline
New Business - Senior Consultant ( Officer)
Northern Trust Bank
01.2017 - Current
TBA TEAM - Associate Consultant
Northern Trust Bank
01.2015 - 01.2017
Analyst
Northern Trust Bank, Mutual Fund Services
01.2010 - 01.2015
Associate of Science -
Joliet Junior College
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