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.

Overall knowledge

Comprehensive understanding of the Securities Lending Trade Lifecycle

Good working knowledge or experience in Asset Servicing. Knowledge or prior experience in Securities lending, settlements and collateral management would be an added advantage.

Overall understanding of the risk associated with Lending domain in specific and  Asset Servicing practice in general

Must have an eye for detail and should be able to carry out Quality checks and report the same

Operational knowledge on systems such as GSL, CREST, Euro clear, TLM would be preferable

Good verbal & written communication skills is a must

Must possess and demonstrate qualities of a team player

Should be able to multitask and handle pressure situations

Should understand the concept of Driving Performance

Ability to set priorities and manage multiple deadlines with minimum supervision, escalating issues where necessary

Major Duties:

Develops and maintains specific subject expertise and provide inputs as required

Liaise with internal teams to resolve issues and minimise exposure. This would also include Securities Lending Trade desk.

Maintains good working relationship with borrowers and collateral Tri-party agents.

Act as a process expert in International and Domestic markets where trade settlement & Collateral teams operate.

Maintains risk management and control activities for the assigned group

Building effective working relationship with off-shore partners and other relevant partner areas

Provides hands on training for new staff and cross training for experienced staff

Ensures response/resolution is completed within the established deadlines/SLDs and appropriate priority levels are applied to key client deliverables

Provide input towards continuous improvement of procedures to maintain highest possible efficiency and risk mitigation

Assists client, partners and staff with complex problem resolution. Maintains technical knowledge of Securities Lending Operations and how the function relates to other operating areas

Maintain data for collation and provision of MIS

Participates/drives project(s) at Division or Practice level as assigned

CORE COMPETENCIES:

Interpersonal skills (Good Team player and organizational savvy)

Communication (Effective written &, oral communication skills)

Self-Motivated (Maintain high performance standards, achieving results and persistent)

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 organized and controlled

Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties

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.