Job Description

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.

About Process/Team Fund Accounting – Trades Team.

At large, Fund Accounting Department is responsible for end to end to NAV calculation, and Trades Team (a sub-team) within Fund Accounting Department is responsible for Trades piece of NAV Calculation.

The trade processing team is responsible to ensure all trades are processed in applicable systems (accurately in timely manner) and perform applicable reconciliations.

Under general supervision (but works independently most of the time) primarily responsible to review and, provide analytic and administrative support.

Good understanding of following products and strong knowledge/understanding of trade processing and reconciliation of following products from the perspective of Fund Accounting is a must, and knowledge of End To End NAV Calculation is plus point.

Equity,

Fixed Income,

FX,

FX Hedging

CFDs

Futures and Options

Major Duties / Key Responsibilities

• Review the work of junior partners
• Provide day-to-day support and guidance for Trade Support Analysts
• Supports Team Manager in ensuring operational efficiency, focuses on the day-to-day operation of the department. Responsible for work flow distribution and the effective use of resources within the section.
• Identify and document new procedures and controls
• Provides on-the-job technical training and coaching for junior partners
• Carries out complex activities with significant financial, client, and/or internal business impact
• Query handling/issue resolution. Interact with internal and external clients to provide operational and administrative support. Independently addresses and researches complex issues and demonstrates ability to reach an effective and timely resolution
• Serve as a key subject matter expert. Sound knowledge of process, systems and knowledge of interdependencies of systems/processes/departments
• Able to facilitate discussions and reach decisions
• Complete required process reporting and update applicable database/trackers
• Manage and escalate operational risks arising from processes
• Collect, enter and extract data and undertake analysis as directed
• Knowledgeable of the core aspects of the job, procedures and systems
• Working towards becoming proficient in all areas of the job
• Works effectively as a team member but also independently. Assist other colleagues as and when required
• Seek to learn quickly and continually improve service offered
• Deliver high quality service to clients by completing all tasks assigned or implicitly responsible for including above but not limited to, accurately in timely manner. May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role). May have direct interaction with committees and/or Senior Management

Core Skills & Competencies Required

• In-depth Functional (Trades) / Industry Knowledge is required. Good understanding of following products and strong knowledge/understanding of trade processing and reconciliation of following products from the perspective of Fund Accounting is a must, and knowledge of End To End NAV Calculation is plus point.

Equity,

Fixed Income,

FX,

FX Hedging

CFDs

Futures and Options

• Excellent oral and written communication skills
• Be able to work as part of a team with minimal supervision
• Accuracy and attention to detail
• Analytical and problem solving
• Team player, quick learning, sense of urgency, highly flexible and adaptable to change
• Hands-on experience with MS Office applications (primarily Excel, outlook)
• Good understanding and ability to articulate current role / functional process
• Partner should be flexible for different shifts and work location (Bangalore and Pune)

Experience:

• A College or University degree – Required
• Relevant proven work experience - Required
• Related Industry qualification / or studying towards - Preferred

Eligibility for Internal Partners

• •24 months as a Senior Analyst to move as a Technical coordinator/Associate Consultant.
• •Movement within TC and Associate Consultant is 12 months

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.