Manager, Inv Ops Trade Sup

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 world’s 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 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

INVESTMENT OPERATIONS OUTSOURCING: Operations Manager - Market Operations, BANGALORE
ROLE 
 
Northern Trust is Looking for a Ops Manager - Market Operations in India to manage the continued growth and responsibilities being carried out to support the service and operational delivery needs for the Investment Operations Outsourcing (IOO) clients globally. The role requires an in-depth understanding of the capital market, different financial instruments and their processing requirements. Should have a good understanding of financial markets, the regulations that govern them. Should have proven leadership experience in motivating, leading and managing large teams. Knowledge of business strategy development is necessary to provide long term planning and to manage the profitability/performance of a major business segment  
 

Qualifications - External

PRINCIPAL RESPONSIBILITIES 
 
§ Effective communication to key relationship stakeholders; § Lead, and take staffing decisions, including performance management and administration § Take a lead role in transition planning and execution § Participate in and understand IOO’s long term global strategy to effectively support the growth § Oversee the financial and staff resources, including developing and managing expense budgets, and ensuring that resources are available to accomplish the objectives set for the area; § Assume full accountability for the performance/profitability of the area as compared to the plan; § To bring in best practice into the team in all areas and leverage external relationships § Act as a subject area expert, develop and maintain specific subject expertise within the team.  § Understand in-depth the inherent risk within key procedures, and partner with Risk Management, Control and Audit team, in assessing and managing the efficacy of the control structure. § Display a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity 

 

SKILLS / EXPERIENCE

• Relevant experience of about 12-15 years in the financial securities industry of which, operations experience of at least 6-8 years in supervising teams with managerial responsibilities. Trade Support – Confirmations and Settlements experience would be an added advantage
• High level of understanding of different financial products, financial markets and regulations that govern them.
• Relevant computer literacy ( and especially Excel and Powerpoint ).
• Excellent communication skills.
• Effective coaching/ training skills.
• Client service orientation, quality focus, organisation and planning skills § Resiliency and effective change management skills 
• 3 years as a Section Manager and currently a 2VP , Senior Consultant should have 6 years of people management and a 2VP Currently
• Relevant business experience (Trade Operations/middle office support functions) with a minimum 8 years of people management experience
• Project management skills (Experience handling global projects will be an added advantage)
• Stakeholder management (Experience managing multiple stakeholders and driving key results)

Eligibility for Internal Partners

•3 years as a Section Manager and currently a 2 VP and Senior Consultant should have 6 years of people management and a 2VP currently

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.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s 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 MyHRHelp@ntrs.com.

We hope you’re 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 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.