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Analyst, Securities Lending

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Operations/Securities
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76567 Requisition #
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The key responsibilities of the role include:

Under the Securities Lending Division, candidate is responsible for daily processing of Third Party Lending activity and Client Directed Lending activity. 

Independently resolving stock and cash reconciliations with the Lending Agents and Borrower. 

Will have direct contact with other Lending groups, external brokers, Traders, and Lending Agents. 

Able to serve as a key subject matter expert for Sec Lending product as it relates to Settlements Activity once trained. 

Manages daily operational activities and work with TC and manager to manage day to day workflow.   

Monitor daily loan, return, transfer exceptions.

Correspond with Traders, Sub-Custodians, and borrowers in markets including but not limited to DTC, FED, Canadian(CDS), Mexico, and Brazil.

End of day balancing for stock and cash.

Process wires, DTC SPO charges, and transfers between accounts.

Reconcile, resolve, and narrate TLM exceptions for Cash and Stock. 

Resolve DML and Contract Compare breaks daily.

Carries out complex activities with significant financial, client, and internal risk.

Manage daily operational activities and escalate when assistance is needed.

Technically skilled in Trade Settlement a plus.

Able to facilitate discussions and present decisions to management on process improvements.

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

 

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.


As of March 31,2019, Northern Trust Corporation had:


$10.9 trillion in assets under custody/administration

$8.2 trillion in assets under custody

$1.2 trillion in assets under management

$122 billion in banking assets

 


The successful candidate will benefit from having:

College or University degree and/or some relevant work experience is preferred. Excellent oral and written communication skills are required. 

Functional / Industry Knowledge, analytical and problem solving skills are required. 

Candidate must be able to multi-task.  Work independently.  Accuracy and attention to detail are critical.  Knowledge of stock and cash reconciliations are a plus.

Securities lending or trade settlements background is 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), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC EEO Statement
    • APAC EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement