Analyst,SecLending

Northern Trust • Chicago, IL

35d

About The Position

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. The key responsibilities of the role include: Under general supervision (but works independently most of the time) responsible for handling and processing transactions for US Collateral Cash, Non Cash, Tri-Party, CAD, as well as market settlements across DTC, FED, and Canadian Depositories. Demonstrates a clear understanding of the Securities Finance product and the process flow. Under direct supervision, responsibility for handling and supporting routine transactions and support functions including: - Timely settlement of Collateral and securities transfers. - Process and review of stock and cash exceptions - Reconciliation of internal accounts as well as external Depository activity Works with internal teams as well as outside counterparties in an environment that encourages employee participation, engagement, and effective communication. Candidate must be comfortable working in a fast-paced environment and able to meet tight deadlines. Candidate will work within the Securities Finance operations group and follow procedures, guidelines and best practices. Candidate will work with partners in Chicago as well as our Bangalore office. Responsible for following established guidelines and identifying and resolving problems.

Requirements

• College or University degree and / or relevant Securities Operations / stock loans work experience is required
• Excellent oral and written communication skills are required
• Highly flexible and adaptable to change.

Responsibilities

• Handling and processing transactions for US Collateral Cash, Non Cash, Tri-Party, CAD, as well as market settlements across DTC, FED, and Canadian Depositories.
• Timely settlement of Collateral and securities transfers.
• Process and review of stock and cash exceptions
• Reconciliation of internal accounts as well as external Depository activity
• Following established guidelines and identifying and resolving problems.

Benefits

• Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits.
• Northern Trust also provides a discretionary bonus program that may include an equity component.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees