Senior Analyst

Northern Trust Corp; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

Shift flexibility

Professional growth

Job summary

Northern Trust Bangalore invites applications for a Senior Analyst role in Entitlements and Tax. The team emphasizes accuracy, timely client deliverables, and adherence to REMS and CASS policies in a fast-paced environment.

The role requires a accounting background, willingness to work shifts, and 24+ months in an analyst role with progression to Analyst II. Join a global firm with strong governance and client focus.

Qualifications

• Bachelor’s degree with emphasis in Accounting, master’s degree is an added advantage.
• Flexible for shifts and extended working hours.
• At least 24+ months of experience in the current role as an Analyst and 12+ months completed as Analyst II at the time of application.
• Eligibility - Internal Partners 12 months as an Analyst II.

Responsibilities

• Monitor accuracy and timeliness of Client deliverables.
• Monitor & adhere to service levels and REMS/CASS policies.
• Train the new hire and cross training.
• Resolve complex inquiries and issues and escalate with stakeholders.
• Build relationships with TL & Managers and other partners.
• Support daily BAU to meet deadlines and improve efficiency.

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

The role of Senior Analyst – part of Entitlements, Tax requires good understanding of various investment instruments like Equities, Fixed Income Products, Repos, and Reverse Repos etc. Core responsibilities include processing/reconciliation activities of corporate action events, performing secondary approval, escalation & queries management, placing high emphasis on accuracy, timeliness and client servicing. The position requires experience and in-depth knowledge of security service industry and financial instruments.

GENERAL

• Monitor and ensure accuracy and timeliness of Client deliverables.
• Monitor & adhere to all service level deliverables.
• Adhere to the best practice and monitor the standards as agreed with the home location.
• Ability to train the new hire and cross training.

PROCESS MANAGEMENT

• Good understanding of financial products such as equities, bonds, Tax products etc.
• Maintain technical knowledge around the securities industry and instruments, understanding how they function as it relates to the markets, and integration with our other operation areas and client deliverables.
• Adherence to procedures, SD’s & REMS policies.
• Ability to act as a process expert, own and resolve complex queries and issues not only of self but also for the team.
• Assisting partners on daily BAU so that team is able to meet the deadlines.
• Ability to build and maintain strong relationships with all stakeholders.
• Generates ideas for operational efficiency and assesses impact Reduce rework and errors in line with measurable targets.

CLIENT MANAGEMENT

• Engage with internal clients and other partners across the enterprise to resolve escalations, inquiries, incidents and challenges as quickly as possible.

RISK MANAGEMENT

• All risk parameters are met while performing secondary approval activities.
• Identifying the Risk & evolve to TC & TL within stipulated time.
• Ensure to adhere to CASS regulations, REMS policy on exception management.

INFORMATION MANAGEMENT

• Hold/Participate regular meetings/huddles to keep staff informed on items relating to the department and global practice.
• Pro-actively communicate the procedure updates to the team.
• Ensures that all DPADs/BCP are kept up to date at all times.
• Escalate issues which may have a significant impact on client satisfaction with the appropriate sense of urgency.

SKILLS

• Good analytical and reasoning skills.
• Approachable and able to promote teamwork through creative solutions.
• Maintain professional demeanour and even approach at all times.
• Must be resilient to pressure and ability to adapt quickly.
• Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment.
• Proficiency in MS Office (particularly Excel, Power Point & Word).
• Excellent spoken and written English and the ability to write business correspondence.
• Ability to work effectively with TL & Managers within & across teams.
• Ability to evaluate priorities.

CORE COMPETENCIES

• Communication (Effective presentation, listening & oral communication skills).
• Self-management (adaptability and resilience, learning behaviour, integrity and ethics).
• Thinking (creative thinking, decision making, input seeking, logical thinking and Troubleshooting).

SHIFT SUPPORT

Flexible to work in shifts.

QUALIFICATION & EXPERIENCE

• Bachelor’s degree with emphasis in Accounting, master’s degree is an added advantage.
• Should be flexible for shifts and extended working hours.
• At least 24+ months of experience in the current role as an Analyst and 12+ months completed as Analyst II at the time of application.
• Eligibility - Internal Partners 12 months as an Analyst II.

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. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

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 Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees.

• Arrival Hub - Jungle
• GameZone
• Employee Experience Zone

Learn more. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

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 under 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.)

EEO Know Your Rights (U.S.)