Sr Analyst, Capital Markets at Northern Trust in Manila

Job description

About Northern Trust As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. Role This role is based in Bangalore Securities Lending Trade Support & Collateral team. The team provides operational support in respect of trade settlement and Collateral requirements for Northern Trust’s clients in all markets in which Northern Trust operates & also supports Northern Trust’s agency lending program, a number of Client Directed Lending arrangements and Third-Party lending activities. The position is responsible for ensuring that all clients of Northern Securities Lending program have adequate collateral maintained in their accounts at all the time based on their lent portfolio and all steps are taken to receive collateral from brokers before releasing the trades in the market. The Position reports to the Team Leader. Minimum Requirements 24 months of experience in the Financial Services Industry / Asset Servicing Experience will be preferred (Please mention if previous work experience involved, relevant to Financial Services Industry) Should be at least a valued partner in the previous ARC (for internal candidates) Must be flexible to work in shifts and/or on a rotational basis 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 le