Senior Analyst - Securities Lending Operations

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

Job summary

Northern Trust in Bengaluru is hiring for a Senior Analyst in Securities Lending. The role requires oversight of Sponsored Repo operations, settlements, and reporting, with responsibilities spanning risk management and process improvements.

The candidate should have a Commerce degree, 2+ years in financial services, and exposure to Securities Lending lifecycle and collateral management. Night shift experience is noted in the description.

Qualifications

• 12 months as Analyst II
• Graduate from Commerce discipline with 24 months of Financial Services experience
• Experience with Securities Lending lifecycle, asset servicing risk awareness and control practices

Responsibilities

• Develops and maintains subject matter expertise; liaises with internal teams to resolve issues.
• Maintains good relationships with borrowers and collateral tri-party agents.
• Acts as a process expert for International and Domestic markets where trade settlement and collateral teams operate.
• Maintains risk management and controls for the assigned group; drives data for MIS.
• Participates in continuous improvement initiatives to increase efficiency and mitigate risk.

Skills

Securities Lending

Trade settlement

MIS reporting

Risk awareness

Education

Commerce degree

Tools

GSL

DTC

TLM

Job description

Sr Analyst, Sec Lending

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 is based in Bangalore Securities Lending Sponsored Repo Operations. The team provides operational support in respect of Sponsored Repo requirements for Northern Trust’s clients in all markets in which Northern Trust operates & also supports Northern Trust’s Sponsored Repo program, The position is responsible for Provide oversight of daily Sponsored Repo activities, including trade settlement, clearing fund management, reconciliations, and funding obligations. Review and validate operational outputs, ensuring accuracy of trade bookings, settlements, cash movements, and client reporting. Investigate and resolve complex exceptions such as settlement breaks, unmatched trades, reconciliation discrepancies, and funding issues. Monitor operational risks, ensure adherence to controls and procedures, and escalat...

Prepare and maintain KPI, MIS, and management reporting, providing insights into team performance and operational health. Support stakeholder engagement, process improvements, training, and knowledge sharing to enhance efficiency and service delivery.

Minimum Requirements

For internal applications - 12 months as Analyst II Graduate from Commerce discipline 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 The current role is for Night shift 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 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, DTC, 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 minimize 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 offshore 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 level as assigned

CORE COMPETENCIES

• Interpersonal skills (Good Team player and organizational savvy)
• Communication (Effective written & , oral communication skills)
• Self-Motivated (Maintain high-performance standards, achieving results and persistent)
• Client Service and Quality (quality, relationship building and client satisfaction)

Accountabilities

Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organized and controlled Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties

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. Learn more.

Experience Level

Senior Level