JOB DESCRIPTION / ROLE
Principal Responsibilities:
• Must possess excellent interpersonal and communication skills
• Should be confident while conversing with people and audience
• Should be an effective listener
• Should be able to adapt quickly to new situations and initiatives
• Should respect diversity and create an atmosphere of inclusion in the team
• Comprehensive understanding of the Trade life cycle
• Should be aware of market wide risk and compliance policies such as AML Information Security, BCP, Pandemic planning etc.
• Should have comprehensive understanding of the Asset Servicing Practice and role of the said practice in the Financial Service Industry as a whole
• Knowledge on systems used market wide such as TLM, SWIFT etc. is desirable
• Knowledge on systems used within Northern Trust would be an advantage
• Financial knowledge on International and domestic markets would be an advantage
Major Duties:
• Take ownership and serve as the Single Point of contact regarding the aforementioned projects and provide regular updates to relevant stakeholders. Support in taking them to closure
• Should be able to understand organizational goals, strategies and should be able to help the team’s performance in achieving the same
• Ensure that the SLA / KPIs are being performed in a timely manner
• Timely updating of process related documentation
• Active monitoring and timely reporting of exceptions
• Maintain technical knowledge of operations in order to resolve unusual and complex problems
• Displays extremely high ownership for both the team and the process. Steps up and makes effective decisions wherever required.
• Build and maintain strong relationships with Team members & Middle office
• Get involved in various new and on-going projects within the Trade and Settlements Division
• Develop and maintain specific subject expertise, Good understanding of Swifts instructions, swift tags and provide inputs as required
• Maintain risk management and control activities for their assigned group
• Aggressively investigate exceptions upon notification to ensure timely resolution to avoid aged exceptions and loss due to errors
• Pro-active & able to perform multi-task, provides hands on training for new staff and cross training for experienced staff
• Ensures response/resolution is completed within the established deadlines/SLAs and appropriate priority levels are applied to key client deliverables
• Maintains data for collation and provision of MIS
• Sustainable performance demonstrated through examples/evidence, the above listed core skills and competencies in the current role over a period of at least 24 months
REQUIREMENTS
Skills/ Qualifications:
• A Graduate from any discipline (Commerce background is preferred)
• Prior experience in Trade and Settlements area would be an advantage
• Candidate having prior experience and background with Asset Servicing/Financial services would be preferred
• Must be flexible to work in shifts and/or on a rotational basis
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 18,100 employees globally. We serve the world’s 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 June 30, 2018, Northern Trust Corporation had:
$135 billion in banking assets
$8.1 trillion in assets under custody
$10.7 trillion in assets under custody/administration
$1.1 trillion in assets under management
ABOUT THE COMPANY
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region, and 18,100 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
Our guiding principles not only survived but thrived during the Great Depression, two world wars and the 2008 financial crisis. 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.
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