Senior Analyst, Trade Settlements (Pune & Bangalore) Multiple position

About Northern Trust:

Northern Trust a Fortune 500 company is a globally recognized award-winning 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.

Job Description for Senior Analyst IOOMarket Operations

Role Overview:

The Senior Analyst in Investment Operations Outsourcing (IOO) Market Operations is responsible for independently executing and overseeing trade lifecycle activities ensuring timely and accurate settlements and proactively mitigating operational risks. The role requires strong product and process knowledge across Trade FX Cash and Settlements with the ability to resolve complex exceptions and support governance and control requirements.

Key Responsibilities

• Independently support prematching confirmation settlement and postsettlement activities across equities fixed income FX and related asset classes.
• Own endtoend processing from confirmation through settlement ensuring accuracy timeliness and adherence to market cutoffs.
• Validate and match trade details with brokers custodians clearing houses and internal systems.
• Investigate and resolve trade breaks settlement fails cash breaks and discrepancies coordinating with counterparties and internal teams.
• Identify and mitigate settlement risk counterparty risk and currency risk escalating material or aged issues appropriately.
• Act as the first point of escalation for Analysts providing guidance and resolution support before further escalation to Technical Coordinators or Team Leaders.
• Provide clear status updates and recommended actions when escalating unresolved or highrisk items.
• Execute processes in line with approved SOPs and DPAD documentation ensuring control discipline and audit readiness.
• Ensure operational adherence to applicable regulations and market standards.
• Support internal controls and best practices designed to minimize operational financial and client risk.
• Perform and oversee ledger postings to books of accounts identify cash and stock breaks and ensure timely investigation and resolution.
• Identify recurring issues manual touchpoints and control gaps; propose process improvements and efficiency enhancements.
• Support automation and change initiatives by providing functional insights test support and BAU validation.
• Provide training coaching and daytoday guidance to Analysts supporting skill development and consistent execution of best practices.
• Act as an operational contact for brokers custodians investment managers and internal stakeholders for issue resolution and clarifications.
• Collaborate effectively with Front Office Risk Compliance and internal Operations teams to resolve market operations queries.
• Demonstrate resilience and sound judgement while operating in a highvolume timecritical environment.

Experience & Qualifications

• Bachelors degree or equivalent relevant work experience in Finance Economics Business or a related field.
• 3 years of experience in banking or investment operations with exposure to Trade Cash FX or Settlements.
• Strong working knowledge of trade and forex lifecycle processes settlement cycles and cash flows.
• Familiarity with settlement and market infrastructure platforms such as SWIFT CLS DTCC Euroclear CREST or equivalent.
• Strong analytical and problemsolving skills with the ability to manage multiple priorities.
• Flexibility to support North America shifts (7:30 PM or 10:30 PM IST).
• For internal minimum 2years in the current role as Analyst or lateral role with 1years of experience.

Skills & Key Competencies

• Analytical & ProblemSolving: Ability to assess complex discrepancies and drive effective resolution.
• Attention to Detail: High accuracy in trade processing cash handling and risk assessment.
• Communication: Clear and professional verbal and written communication with internal and external stakeholders.
• Time Management: Ability to manage multiple priorities under tight deadlines.
• Process Improvement Mindset: Proactive approach to identifying efficiency and control enhancements.
• Client Awareness: Strong understanding of client impact SLAs and service expectations.

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.

About Our Bangalore Office

The Northern Trust Bangalore office established in 2005 is home to over 5600 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.