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Northern Trust Corp is seeking a Finance Operations Analyst to support Trade and Settlements in Pune and Bengaluru. The role requires attention to detail, strong communication, and ability to multitask in a fast-paced environment.
You will work with global teams, perform quality checks, and contribute to process improvements while ensuring timely resolution of exceptions. Prior experience in financial services and SHIFTS is preferred.
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.
Overall knowledge & Competencies Required: Comprehensive understanding of the Trade Lifecycle/MFS Income & Re-reg/Daily Valuation operations Knowledge on Financial Instruments such as Equity, Bonds, Mutual Funds, 401K funds etc… Good understanding of Custody and Sub Custodian banking network Knowledge of the Asset Servicing Practice would be considered as an advantage Must have an eye for detail and should be able to carry out Quality Checks and report the same 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 Good understanding and demonstrate A-Approach
Contribute towards implementing controls & procedures to mitigate risks, derived by performing an error analysis, measured through resultant improvements Track & document process improvements including benefits, time saved & capacity utilization on a monthly basis Implement initiatives or redesign existing process structure for process betterment / operational efficiency 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 Perform an internal risk audit or FMEA analysis on a quarterly basis for team Aggressively investigate exceptions upon notification to ensure timely resolution to avoid aged exceptions and loss due to errors Building effective working relationship with off-shore partners and other relevant partner areas 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 Provide inputs 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 Custody workflow, Trade & Settlements,MFS,DV-OP`s and how the function relates to other operating areas Maintains data for collation and provision of MIS Participates /drives project(s) at Division or Practice level as assigned This position supports the Trade and Settlements Division and reports to the Team Leader.
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.
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 MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
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. 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.
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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), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.
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.
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.
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.
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.)