Senior Analyst

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.

Senior Analyst – RRG

Job Description: 

The Recordkeeper Relationship Group is responsible for facilitating the strategic and tactical relationship for our Corporate and Institutional clients’ Third-Party recordkeepers in order to support their Defined Contribution and Defined Benefit investment operations.  The Recordkeeper Relationship member serves as the primary contact for recordkeepers in overseeing daily participant investments and trading activity, which includes effectively communicating with recordkeepers, investment managers, clients and internal partner groups to ensure that service needs and expectations are being met.

Product knowledge:         

• Good understanding of basic financial instruments like Fixed Income, Equities, Derivatives securities etc.
• Trade Lifecycle
• Specific knowledge of Fund of fund structure, Pension fund, Fund accounting, Transfer Agency, Trade life cycle, Custody, Middle office operations, Unitization, 401K retirement plan, Defined contribution and defined benefit plans

Generic Skills :

• Logical & Analytical thinking, problem solving skills and consultative/solution oriented approach to identify, research and resolve inquiries/data.
• Organizational skills are required to complete the allocated work and the responsibilities within scheduled timeframes.
• Flexible approach towards changing work environment and technology.
• Ability to develop effective and positive relationships within the team and internal partners, promoting co-operation and inclusiveness.
• Can-do approach towards embracing change.
• Accuracy & attention to detail
• Excellent time management skills with the ability to prioritize daily tasks and meet the deadlines at all times.
• Strong verbal and written communication skills to coordinate with internal and external counterparties.
• Knowledge of SQL, Visual Basics, sharepoint and Power BI will have added advantage

Key Responsibilities :

• Manage and strengthen daily recordkeeping relationships for assigned book of business.
• Oversee the daily participant investment activity. Works closely with Institutional Fund Accounting and Daily Valuation operations teams to resolve any issues in a timely manner.
• Reviews company stock liquidity trades for clients and acts as reviewer of liquidity calculations and transactions initiated by Recordkeeping Relationship Analysts.
• Manages rebalancing process for client portfolios, including the calculation and initiation of Mutual Fund, Collective Fund trades as well as associated cash movements.
• Receives inquiries from recordkeeper and partners, oversees transaction processing (including stock liquidity processing), handles inquiry resolution, obtains appropriate documentation and ensures accurate and timely follow-up with recordkeepers and partners.
• Researches and resolves complex exceptions and coordinates corrective entries and preventative processes.
• Communicates daily, or as needed, with recordkeeper and partner areas, especially client service teams regarding client account activity.
• Works with recordkeeper and partner areas on client structural changes, including maintaining action plans related to client changes.
• Calculate, review and initiate client activities related to cash flow and investment needs.
• Coordinates process initiatives/communication with Client Servicing and Compliance.
• To ensure process documentation are up to date and in line with the current process followed.
• To identify opportunities for process optimization and drive continuous improvement initiatives, enhancing product offerings.
• To ensure process controls and procedures are diligently followed at all times.
• Any issues or potential issues must be promptly reported or escalated to line managers, following the escalation protocol.  Demonstrate abilities to be extremely flexible to the business needs and provide round the clock monitoring when required.
• Should work closely with the management and keep them updated to raise any concerns/issues/escalations and manage the work without any delays

Eligibility for internal Partner

• Should have completed 1 year as Analyst II
• Lateral application - should have completed 1 year in the current role.

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.