Associate Consultant

085 Northern Operating Srvs Pvt Ltd; Pune District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Northern Trust in Pune is seeking an experienced operations professional to join our global team. You will ensure accurate transaction capture, lifecycle events, reconciliations, and client communications, while supporting cross‑functional projects and onboarding new hires.

The role requires a bachelor’s degree in finance/economics/math and 2–5+ years in financial services, with strong numeracy, analytical skills, and the ability to meet strict deadlines in a fast paced environment.

Qualifications

• Understanding of the Financial Services Industry and derivatives markets is beneficial.
• Strong written and verbal communication skills.
• Highly numerate and analytical with ability to learn quickly.
• Ability to work on multiple initiatives and prioritize.

Responsibilities

• Ensure all transactions are captured and accounted for correctly within internal market deadlines.
• Track and execute lifecycle events from setup to closeout, including coupons, corporate actions, dividends and resets.
• Liaise with clients and market participants to confirm and settle transactions.
• Perform and review reconciliations between internal and external data sources; resolve exceptions timely.
• Respond to complex queries from external parties regarding trades/positions.
• Represent the team in cross-functional initiatives and projects.
• Provide technical guidance to onboarding and handling escalations.
• Act as SME and provide functional support and workflow prioritization.

Skills

Financial services knowledge

Numerical ability

Analytical thinking

Communication skills

Deadline oriented

Education

Bachelor's degree in Finance/Economics/Mathematics

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.

Responsibilities

1. Ensure all transactions have been captured and accounted for correctly on internal client books and records are completed accurately within internal market and SLA deadlines
2. Track and execute lifecycle events from initial set-up to closeout; taking into account coupons, corporate actions, dividend payments and resets
3. Liaise directly with clients and other market participants to confirm and settle transaction.
4. Perform and review reconciliations between internal and external data sources. Timely resolution of exceptions
5. Respond to complex queries from external parties in relation to associated trades/positions
6. Represent the team in cross-functional initiatives and/or projects
7. Provide technical guidance to the team by successfully onboarding new hires, proactively addressing complex issues, critical clients and escalations
8. Act as SME and provide functional support and coverage for the team, providing direction on workflow prioritization and transaction approval when needed.

Knowledge

• A keen awareness of the Financial Services Industry, Understanding of the derivatives markets is beneficial
• Effective in the use of a variety of communication methods. Strong and clear written and verbal communication.
• Highly numerate and analytical with an ability to learn quickly.
• Ability to work on multiple initiatives concurrently and prioritize effectively
• Basic understanding of custody and fund administration functions required
• Creative and dynamic approach to problem solving
• Ability to work on own initiative and adhere to strict deadlines
• Professional approach and ability to develop relationships both internally and externally

Experience

• 1. 2-5+ years of professional experience in the relevant field
• 2. Bachelor's degree in an applicable field (finance, economics, mathematics, etc.)
• 3. Business or financial services qualification or studying for same. This is not essential but would be an advantage.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

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.

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Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure - North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources' decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources' decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)