24 months of experience in the Financial Services Industry / Asset Servicing Experience will be preferred (Please mention if previous work experience involved, relevant to Financial Services Industry)
Must be flexible to work in shifts and/or on a rotational basis
OVERALL, KNOWLEDGE
Comprehensive understanding of the Securities Lending Trade Lifecycle
Good working knowledge or experience in Asset Servicing. Knowledge or prior experience in Securities lending, settlements and collateral management would be an added advantage.
Overall understanding of the risk associated with Lending domain in specific and Asset Servicing practice in general
Must have an eye for detail and should be able to carry out Quality checks and report the same
Operational knowledge on systems such as GSL, CREST, Euro clear, TLM would be preferable
Good verbal & written communication skills is a must
Must possess and demonstrate qualities of a team player
Should be able to multitask and handle pressure situations
Should understand the concept of Driving Performance
Ability to set priorities and manage multiple deadlines with minimum supervision, escalating issues where necessary
MAJOR DUTIES:
Develops and maintains specific subject expertise and provide inputs as required
Liaise with internal teams to resolve issues and minimize exposure. This would also include Securities Lending Trade desk.
Maintains good working relationship with borrowers and collateral Tri-party agents.
Act as a process expert in International and Domestic markets where trade settlement & Collateral teams operate.
Maintains risk management and control activities for the assigned group
Building effective working relationship with offshore partners and other relevant partner areas
Provides hands on training for new staff and cross training for experienced staff
Ensures response/resolution is completed within the established deadlines/SLDs and appropriate priority levels are applied to key client deliverables
Provide input towards continuous improvement of procedures to maintain highest possible efficiency and risk mitigation
Assists client, partners and staff with complex problem resolution. Maintains technical knowledge of Securities Lending Operations and how the function relates to other operating areas
Maintain data for collation and provision of MIS
Participates/drives project(s) at Division or Practice level as assigned
CORE COMPETENCIES:
Interpersonal skills (Good Team player and organizational savvy)
Communication (Effective written &, oral communication skills)
Self-Motivated (Maintain high performance standards, achieving results and persistent)
Client Service and Quality (quality, relationship building and client satisfaction)
ACCOUNTABILITIES:
Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role
Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organized and controlled
Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties
