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.

Role Overview:

Senior Analyst in Investment Operations Outsourcing, Market Operations is responsible for supporting trade lifecycle processes, ensuring timely and accurate trade settlements, and mitigating operational risks. This role requires strong analytical skills, expertise in trade operations, and the ability to resolve trade discrepancies.

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Key Responsibilities

• · Support trade processing activities including prematching, confirmation, and settlement across asset classes (equities, fixed income, FX,etc…).
• · Support the entire trade lifecycle from confirmation to settlement, ensuring accuracy and timely processing.
• · Validate and match trade details (equities, fixed income, FX) with counterparties, custodians, and clearing houses.
• · Investigate and resolve trade breaks, fails, and discrepancies with counterparties, brokers, and internal teams.
• · Ensure adherence to market cut-offs and regulatory guidelines for trade settlements.
• · Identify and mitigate settlement risks, counterparty risks, and currency risks.
• · Implement internal controls and best practices to minimize operational risk.
• · Ensure compliance with local and global regulations (e.g., CSDR, TMPG, MiFID II.).
• · Escalate unresolved issues to senior partners while providing potential solutions.
• · Act as the key point of contact for brokers, custodians, Investment managers, and internal teams.
• · Provide training and guidance to junior partners and peers, ensuring knowledge transfer and best practices.
• · Perform processing of cash postings to books of accounts and notify breaks and ensures timely resolution.
• · A proactive approach to problem solving, taking ownership of issues and having the determination to follow through.

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Experience & Qualifications

• · A College or University degree and/or relevant work experience is required.
• · 3+ years of experience in Banking and investment operations experience with trade or cash support, or settlements within financial institution.
• · Strong knowledge of Trade, Cash, FX operations, and settlement cycles.
• · Minimum 2+years in the current role as Analyst role or lateral role with 1+years of experience.
• · Familiarity with settlement platforms (e.g., SWIFT, CLS, DTCC, Euroclear, Crest).
• · Strong analytical and problem-solving skills for query and issue resolution.
• · Ability to work under pressure and meet tight deadlines in a fast-paced environment.
• · Strong communication skills to interact with internal and external stakeholders.
• · Flexible to support NA shifts (7:30 PM or 10:30 PM)

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Soft Skills & Key Competencies

• · Analytical & Problem-Solving: Ability to assess discrepancies and provide effective solutions.
• · Attention to Detail: High accuracy in trade processing and risk assessment.
• · Communication: Excellent verbal and written communication skills for stakeholder engagement.
• · Time Management: Ability to manage multiple priorities under tight deadlines.
• · Process Improvement Mindset: Proactive approach to automation and efficiency enhancements.
• · Client Management: Excellent client management skills

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.

Experience Level

Senior Level