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You will be updated with latest job alerts via emailAbout 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.
Role
This role is based in Bangalore Securities Finance team. The team provides Securities Finance front office (Trading & Account Management) support from Bangalore. This role will be leading a group of 9 partners team which provide processing support for SF portfolio evaluations SF borrower reviews delivering client metrics and other front office support activities.
Minimum Requirements
Candidate having prior experience and background with Securities Finance Operations Client portfolio data analysis would be preferred
Must be flexible to work in shifts
Other as per HR guidelines
Overall knowledge
An indepth background/exposure to managing teams (including conflict resolution problem solving) is essential
Good understanding of Securities Finance business and Operations. Knowledge of Client reporting regulatory and risk reporting is preferred
Technical knowledge on MS Office suite PowerBI and small code application like Alteryx is preferred
Knowledge of International & Domestic markets from the Securities Lending perspective will be preferred.
Good understanding of the Securities Lending/ Custody Trade & settlements Entitlements functions globally is an added advantage
Should have a clear understanding of the existing Internal Controls Risks within the Securities lending business
ExcellentTeam Leadership staff management and organizational skills
Strong analytical & communication skills
Major Duties:
Workflow Management:
Assesses team workloads and allocates work as appropriate in conjunction with Team Lead
Prioritises & monitors work in a daily / weekly / monthly timeframe
Develops & set periodic goals & priorities. Ability to build long & short term strategies for the team & lead them from the front.
Ensures adequate staffing levels on a daytoday basis including adequate training and cross training.
Management Support / Performance Management:
Actively support Northerns performance and appraisal process
Monitors performance of staff including absenteeism and work standards
Advises line management of performance issues and provides documented evidence where necessary
Staffing Development:
Ability to drive engagement and inclusion across the team and the Division.
Responsible for managing the team under direct supervision including conducting the performance management process and providing input for staff and disciplinary actions
Develops and maintains specific subject expertise within the team
Supports the teammates in achieving their best and seeks support from management wherever and whenever required
Responsible for career progression mentoring & development of the team members
Process Management:
Lead & drives Innovative Thinking and Excellence in contributing to Driving Performance
Displays a complete understanding of the day to day business of SL Trade support and collateral on requirement acts as approvers for output from the process
Displays extremely high ownership for both the team and the process. Steps up and makes effective decisions at all times.
Management Information:
Understanding & ownership of the Business Continuity & Pandemic plans for the processes
Manages the delivery of appropriate MI for senior management
Owns all output generated from the function for the Securities Lending Business
Builds up strong relationships with Team members Middle Offices Front Offices & external borrowers
Technical:
MS Office suite MS access database PowerBI hands on experience is a must as the role is involved in data extraction and analysis for client portfolio
Identify and escalate issues. Resolve and/or escalate to the appropriate team for resolution
Develops and maintains overall subject matter expertise for all the Securities Lending & specifically of Trade & Settlements & Collateral
Responsible for interacting with various business areas to determine automation needs and provide ongoing systems support
Control / Compliance:
Should be aware of market wide practices such as BCP Pandemic planning etc.
Ensures adequate controls are in place such that key daily deadlines are met
Good Understanding of the risks associated with the functions & ensure that adequate controls are in place to cover them
Own and ensure adequate access controls for the proprietary systems for the staff
Informs Reporting Manager when procedures are breached or when there is risk of loss to the Bank or client
Core Competencies:
Good interpersonal skills and understanding of NT and its business. Organisational Knowledge (business knowledge expert knowledge and external events impact) NT Savvy (relationship builder respectful & have good networking skills)
Well versed with MS office Suite and PowerBI. Building PowerBI codes decoding previous built models on powerBI
The role involves written and verbal communication with counterparties such as agents and borrowers. Candidate needs to have effective verbal and written communication skills Effective Communication Skills
Thinking (creative thinking decision making input seeking logical thinking and solution finding) Implementation skills Innovative thinking Excellence in and strong analytical skills with great attention to detail.
Client Service and Quality (quality relationship building and client satisfaction) Focused client delivery
Administration (anticipates needs planning process specialist quality seeker and time management)
Selfmanagement (adaptability and resilience learning behaviour integrity and ethics)
SelfMotivated (leads by example & drives high performance standards achieving results and persistent)
Eligibility
3 years as a Team leader to move as a Section Manager currently at an officer Level
Movement within Senior Consultant and Section Manager is applicable if they have prior 36 months of people management experience
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 and apply 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.
Required Experience:
Manager
Full-Time