CAREERS
📁
Operations/Securities
📅
81938 Requisition #

Summary


This role is based in the Global Markets team. The team provides operational support in respect of handling account opening at Sub-Custodian level, ensuring that account opening requests are acted upon within the required timeframe, ensuring that any market documentation requirements are met and assisting the team and internal partner areas with the account opening process at times of need. Support consulting services to internal partners who require guidance with technical issues related to the account opening process. Carries out complex activities with significant financial, client, and/or internal business impact. 
The team manages the relationships between the sub custodians and Northern Trust. In various markets, local law, market regulation or Northern’ s internal policies will require that clients' assets be held in the beneficial owner's name and therefore, must be kept segregated in individual accounts per each investor (known as "sub-accounts") at the sub custodian. 
The Position reports to the Team Leader of the Bangalore Global Markets Team with a focus on resolution of complex ‘at the market’ transactions, where expertise is required to interpret policies, guidelines and/or processes.  Full ownership should be taken for one or more processes, reports and/or procedures.  Analytically and procedurally competent, representing the team on cross-function process or project deliverables.  Emerging as an expert in a specific skill set but remains focused primarily on daily execution of Global Market Team responsibilities. 

 
Major Duties


Facilitates activities required to review and validate documentation. Ensures activities are completed in a timely and efficient manner
Full ownership for one or more processes, reports and/or procedures.
Handling and processing of transactions within predefined established guidelines
Responsible for checking and authorization of any account opening, ensuring that account opening requests are acted upon within the required timeframe, ensuring that any market documentation requirements are met and assisting the team with the account opening process at times of need 
Able to develop into a key subject matter expert and support other team members 
Works effectively as a team member but also independently perform process responsibilities 
Working towards becoming proficient in all areas of the job
Building effective working relationship with internal partners, off-shore partners, and external parties or with the clients to provide resolution to client issues and requests.
Delivers a work product that requires less revision
Able to facilitate discussions with internal and external parties and reach decisions through collaboration
Ability to handle client inquiries and discussions on the phone. Represent the Global Market processes and Team in such discussions/forums

Knowledge/Skills


Attention to detail, ability to perform stringent and exhaustive client servicing responsibilities, excellent communication and coordination skills. Ability to work in demanding situations with time sensitive deadlines and ability to interpret complex process guidelines/handle exceptions while processing. Understanding of Global Markets and specifically account opening process and the knowledge on Fundmaster will be an added advantage. Effective interpersonal skills required to consult with internal and external clients, including contacts at sub-custodians


Experience Required


A 0 - 1 years’ experience as an Analyst /Associate with NT with a proven track record  
People with relevant experience who have had an exposure on segregated account opening and works to ensure documentation exceptions are adhered to the market specific regulatory guidelines along with Global Sub-Custody Account opening process will be preferred.


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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

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