Senior Analyst Corporate Actions

About Northern Trust:

Northern Trust a Fortune 500 company is a globally recognized awardwinning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Founded in Chicago in 1889 Northern Trust is one of the worlds leading financial institutions. We specialise in providing asset servicing solutions and asset management to both institutional and personal clients. The delivery of products and services to this client base is supported through a network of offices around the globe.

Role

This role is based in the Securities Lending Corporate Actions team. The team provides operational support in respect of manufactured corporate action entitlements for Northern Trusts clients primarily in the US Canadian and Brazilian markets. The team supports Northern Trusts agency lending program client directed lending and 3rd party lending arrangements.

The primary responsibility of the Securities Lending Corporate Actions Senior Analyst is to process all forms of corporate event entitlements for securities on loan.

The role requires excellent analytical and investigative skills previous experience in corporate actions processing and effective communication skills. There is an expectation that the individual will have the ability to identify appropriate opportunities to improve straightthrough processing and look to enhance best practice.

The role requires close liaison with a number of Securities Lending areas (including Trading Desk Client Services Reconciliation Teams and other operations teams in London and Bangalore) other internal partners such as Custody Corporate Actions and external counterparts at our subcustodians borrowers and lending agents.

Major duties

• Monitor corporate event notifications received from subcustodians regional custody entitlements teams and borrowers.

• Liaise with borrowers to ensure they are duly preadvised of corporate events for securities on loan.

• Ensure borrowers are promptly advised of client election instructions and that entitlements are accurately processed in a timely manner.

• Liaise with the regional Custody Entitlements teams and other Securities Lending areas (e.g. Trading Desks Collateral Desk Trade Support Control) as necessary to minimize NTs exposure.

• Ensure exceptions (stock cash and suspense) are reviewed and cleared on a timely basis escalating issues where appropriate. Ensure exception narrations as entered in Northern Trusts exception monitoring applications are selfexplanatory logical uptodate and according to business standards.

• May manage daily operational activities and supervise dayto day work of junior level employees (but not a formal management role)

Skills

• A basic understanding and experience of processing various types of Corporate Actions events a plus.

• Some experience in a Securities Lending processing environment is beneficial.

• Knowledge of reconciliation processes is advantageous.

• Accuracy with a strong attention to detail.

• Delivers a work product that requires less revision

• Able to facilitate discussions and reach decisions

• Strong questioning skills to determine nature of a problem and assess implications.

• Strong written and verbal communication skills are essential. This role will require the ability to deal confidently and articulately with external counterparties.

• Able to set priorities and manage deadlines escalating issues where necessary.

• Good team player selfstarter flexible with the ability to work under pressure with minimal supervision.

• Able to work in a changing environment recognize opportunities for improvement and make constructive suggestions.

• Proficiency with Microsoft Office products.

Experience

• College/University degree and/or some relevant work experience is preferred.
• Related Industry experience or qualifications is preferred.
• Two or more years of Securities Operations experience is preferred.

Salary Range:

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits 401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and wellbeing benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply 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 .

We hope youre 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.