Pune, Maharashtra, India
Onsite
About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
ROLE
Work within the GFS NA Custody Department serving the Operations function for a range of Custody clients. Incumbent will be responsible for managing end to end process BAU/ task administration & flawless delivery of process, accountable for proper change management support & process improvement. Continuously develop industry/product knowledge. Ability to understand customer segments and apply different servicing approaches based on customer knowledge level.
PRINCIPAL RESPONSIBILITIES
Understanding of the Client Service delivery and its importance to Internal Groups and External Clients.
Acts as the primary contact for investment management firms on domestic and/or international trade communication and settlement issues relating to client accounts held at the back.
Responsible for daily cash management of multiple currencies for international portfolios. Determine appropriate cash management actions to be taken.
To ensure all client queries are answered timely and accurately, trades are settled within the set deadlines, cash balances are reconciled with client book of records as per the set internal deadlines.
Proactively manage workflow, while striving for 100% accuracy, adhering to agreed turnaround to deliver to the client.
KNOWLEDGE / SKILLS
Basic knowledge of financial / capital markets demonstrated through good understanding of concepts, theoretical knowledge and accounting /product knowledge.
Hands-on experience with MS Office applications (primarily Word and Excel).
Good understanding and ability to articulate current role / functional process.
Demonstrate through examples/evidence, good written and verbal language skills, team playing capabilities, analytical aptitude, sense of urgency and attention to detail.
Understanding of Custody Operations- Trade Settlement / Cash Reconciliation.
Specific knowledge of Cash Equities, FI & Foreign Exchange Products, pre-matching, Fail’s Management.
Knowledge of investment management/asset servicing industry/custody operations, acquired through experience, is critical for this position.
Demonstrate client servicing capabilities and excellent communication skills.
Must be resilient to pressure and have the ability to adapt quickly.
Accuracy and attention to details at all times, and effectively manage deadlines. Timely escalation of unidentified items, risk issues and/or other control gaps within the process is a must.
Organizational skills are required to manage conflicting priorities and multi-task functions in a fast-paced team environment.
Have an understanding of regulation and risk environment as it applies to the team products.
General knowledge of financial products and their operations processing requirements.
EXPERIENCE
Shift Time: 6.30 PM to 3.30 AM
Eligibility - Internal Partners
12 months as an Analyst II
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
About Our Pune Office
The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe.
Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.
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