Senior Analyst

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.

About Process/Team

: Fund Accounting – Trades Team.At large, Fund Accounting Department is responsible for end to end to NAV calculation and Trades Team (A sub-team) within Fund Accounting Department is responsible for Trades piece of NAV Calculation.The trade processing team is responsible to ensure all trades are processed in applicable systems (accurately in timely manner) and perform applicable reconciliations.

Role Description

: Under general supervision (but works independently most of the time) responsible for handling of routine transactions of Fund Accounting – Trades Team, accurately in timely manner as per standard operating procedures. This includes following trade related activities but not limited to: Handling of trades exceptions, processing of Trades (Booking & Validation), reconciliation (Trades, positions and URGL) against golden source as applicable and handling of queries. Expected to use initiative but refer more complex issues to the experts/supervisor.

Strong Trades processing knowledge (Fund Accounting) around Equity, Fixed Income, FX, Futures and Options - and knowledge of End To End NAV Calculation is plus point.

Major Duties / Key Responsibilities

• Handling of routine transactions of FA Trades Service HUB (from various applicable sources) as per SOP which includes: Monitoring and handling of trade exceptions, processing of trades, reconciliation (Trades, positions, URGL) tasks
• Carries out complex activities with significant financial, client, and/or internal business impact
• Query handling/issue resolution. Interact with internal and external clients to provide operational and administrative support. Independently addresses and researches complex issues and demonstrates ability to reach an effective and timely resolution
• Serve as a key subject matter expert and mentor to other more junior level employees
• Sound knowledge of process, systems and knowledge of interdependencies of systems/processes/departments
• Able to facilitate discussions and reach decisions
• Complete required process reporting and update applicable database/trackers
• Manage and escalate operational risks arising from processes
• Collect, enter and extract data and undertake analysis as directed
• Knowledgeable of the core aspects of the job, procedures and systems
• Working towards becoming proficient in all areas of the job
• Works effectively as a team member but also independently. Assist other colleagues as and when required
• Seek to learn quickly and continually improve service offered
• Deliver high quality service to clients by completing all tasks assigned or implicitly responsible for including above but not limited to, accurately in timely manner. May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role). May have direct interaction with committees and/or Senior Management
  

Core Skills & Competencies Required

• In-depth Functional (Trades) / Industry Knowledge is required.
• Strong Trades processing knowledge (Fund Accounting) around Equity, Fixed Income, FX, Futures and Options - and knowledge of End To End NAV Calculation is plus point
• Excellent oral and written communication skills
• Analytical, team player, quick learning, problem solving, sense of urgency, attention to detail, highly flexible and adaptable to change
• Hands-on experience with MS Office applications (primarily Excel, outlook)
• Good understanding and ability to articulate current role / functional process
• Partner should be flexible for different shifts and work location (Bangalore and Pune)
  

Experience

• A College or University degree – Required
• Relevant proven work experience - Required
• Related Industry qualification / or studying towards - Preferred
  

Eligibility for Internal Partners

Should have completed 1 year as Analyst IILateral application - should have completed 1 year in the current role.

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.

About Our Pune Office

The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe.Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.