Senior Analyst

  • Company:
    Northern Trust Corp Ltd
  • Location:
  • Salary:
    negotiable / month
  • Job type:
  • Posted:
    3 weeks ago
  • Category:
    Financial Services/Stockbroking

Skill: workforce , communication , decision making , policies , interpersonal skills , learning , communication skills , presentation skills; Exp: 2-5 years; This role is based in Bangalore Securities Lending Entitlements team. The team provides operational support to Northern Trusts clients in terms of their Manufactured Income and Corporate Action requirements for their shares on loan in all markets in which Northern Trust operates and supports Northern Trusts agency lending program, Client Directed Lending arrangements and Third Party lending activities. The position is responsible for ensuring that manufactured Income and Corporate Action proceeds of clients of Northern Securities Lending program are collected / reconciled in timely manner. The primary responsibility of this Senior Analyst is to provide subject matter expertise and help a team of Analysts and support other Senior Analysts in SL NOS Entitlements team with claims & exceptions management. The Senior Analyst will report to the Securities Lending Team Leader and assist TCs with enhancing the team knowledge levels, expertise and maximising the effectiveness of the team. The role requires close relationship with external counterparts such as sub-custodians and borrowers and many Securities Lending areas like including Trading Desk, Account Managers and other operations teams across locations. It also involves close liaison with other internal partner areas such as Custody Income and Tax, Control, Global reconciliation team. Overall Knowledge Comprehensive understanding of the Securities Lending business. Should have general awareness of market wide risk and compliance policies such as AML Information Security, BCP etc. Ability to understand & comprehend risks associated with the Securities Lending domain and the implications on operations. Comprehensive understanding of the Asset Servicing Practice and its effect on the Financial Service Industry. Ability to adapt quickly to new situations and initiatives Knowledge on systems used such as Fundmaster, IMS, TLM, SWIFT, GSL, WCM, Intranet reporting, etc. would be an advantage. Financial knowledge on International and domestic markets would be an advantage. End to End understanding of Securities Lending is preferred/added advantage. Major Duties Should be able to understand organizational & divisional goals, strategies and should be able to help connect to the teams performance in achieving the same Ensure that the SLA / KPIs are being adhered and reported in a timely manner Timely updating of process related documentation Responsible for allocation of work to the team and other day-to-day process related responsibilities Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work Maintain technical knowledge of operations in order to resolve unusual and complex problems. The role demands working with borrowers, agents, tri-party custodian, trading desk, middle office and support teams to resolve complex issues and ensure timely resolution within available timeframe Timely resolution to ERM/ Email queries Work with the Technical Coordinator/Team Leader to test internal controls not only within Entitlement and report accordingly Adhere to the existing controls and continuous review of the process to implement new controls to mitigate risk. Should be in a position to maintain extremely high accuracy levels for the self/team. Displays extremely high ownership for the process. Steps up and makes effective decisions wherever and whenever required. Build and maintain strong relationships with Team members, Middle Office and Borrowers, Agents, Clients custodians and trading desk Acts as a back-up for the Technical Coordinator and also contributes to MI reporting Core Competencies Attention to detail Interpersonal skills (relationship builder, respectful, & have good networking skills) Communication (presentation skills, listening skills, oral communication skills, allows others to express themselves and written communication skills) Self-management (adaptability and resilience, learning behaviour, integrity and ethics) Self-Motivated ( leads by example & drives high performance standards, achieving results and persistent) Innovative Thinking (Ability to Think outside the box to drive performance ,effective decision making, input seeking, logical thinking and solution finding) Organisational Knowledge (business knowledge, expert knowledge and external events impact) Client Service and Quality (quality, relationship building and client satisfaction) Accountabilities Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organised and controlled Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties Minimum Requirements Graduate from Commerce discipline Minimum 2 Years of experience as an Analyst Prior experience in the same role would be an added advantage Candidate having prior experience and background with Securities Operations would be preferred. Must be flexible to work in night shifts. About Northern Trust For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the worlds most-sophisticated clients from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands. We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater. Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion. As of September 30, 2018, Northern Trust Corporation had $10.8 trillion in assets under custody/administration $8.2 trillion in assets under custody $1.2 trillion in assets under management $132 billion in banking assets



Experience: 2-5

Function: Human Resource / IR / Training & Development