Northern Trust—Associate Consultant, Omnium Services

Job description

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. 1. Ensure all transactions have been captured and accounted for correctly on internal client books and records are completed accurately within internal market and SLA deadlines 2. Track and execute lifecycle events from initial set-up to closeout; taking into account coupons, corporate actions, dividend payments and resets 3. Liaise directly with clients and other market participants to confirm and settle transaction. 4. Perform and review reconciliations between internal and external data sources. Timely resolution of exceptions 5. Respond to complex queries from external parties in relation to associated trades/positions 6. Represent the team in cross-functional initiatives and/or projects 7. Provide technical guidance to the team by successfully onboarding new hires, proactively addressing complex issues, critical clients and escalations 8. Act as SME and provide functional support and coverage for the team, providing direction on workflow prioritization and transaction approval when needed. Knowledge: • A keen awareness of the Financial Services Industry, Understanding of the derivatives markets is beneficial • Effective in the use of a variety of communication methods. Strong and clear written and verbal communication. • Highly numerate and analytical with an ability to learn quickly. • Ability to work on multiple initiatives concurrently and prioritize effectively • Basic understanding of custody and fund administration functions required • Creative and dynamic approach to problem solving • Ability to work on own initiative and adhere to strict deadlines • Professional approach and ability to develop relationships both internally and externally Experience • 1. 2-5+ years of professional experience in the relevant field • Bachelor's degree in an applicable field (finance, economics, mathematics, etc.) • Business or financial services qualification or studying for same. This is not essential but would be an advantage. 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.