CAREERS

Team Leader, Derivatives - Collateral

📁
Operations/Securities
📅
78837 Requisition #
About Northern Trust:
Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. 

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 that is committed to strengthening the communities we serve!                
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018. 
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today.

ROLE
To manage day to day operations of Derivatives Collateral Management team. Organizes work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work. Possesses the leadership and organizational skills required to prioritize assignments and provide feedback to the staff. Conducts performance management and career development processes. Provides input and support to management in achieving common organizational goals.

KNOWLEDGE & SKILLS
The candidate should possess the following skills:
Understands Derivatives trade lifecycle and associated functions.
Understands the way Collateral Management function and more closely has an understanding of derivatives markets
Understands the role this function plays in the entire Derivative system / set-up
Understands functions performed by Collateral Management and Collateral Managers.
Must have extremely good product knowledge about various derivative products
Exposure to cash and trade settlements.
Must be capable of implementing controls related to set-up of a Derivative product on our systems
Excellent attention to detail, and giving extreme importance to timelines and        deliverables
Ability to work constructively under time pressure.
Ability to communicate with clients (Both internal and external)
Excellent communication skills both written & verbal
Having experience with any of Custodial and/or Investment Management firms in a Derivatives processing area will be an added advantage
Adaptable to change
Ability to multitask and work with calm under crunch situations
Excellent interpersonal skills for liaising with related departments and Middle Offices
Excellent client handling skills
PRINCIPAL RESPONSIBILITIES
The principle responsibilities of the Team Lead may include, but may not be limited to, the following;

Take responsibility of daily functions / operations of the Collateral Management team.
Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work. 
Certifies the accuracy of the sign-off or tasks that get performed on a daily basis
Reviews various documents  with utmost accuracy and with a control perspective in mind
Periodically reviews the procedure documents / checklists
Frequently comes up with process enhancements / control measures and suggestions of improving the existing process flows 
Possesses very good leadership and organizational skills required to prioritize assignments and provide feedback regularly to staff
To manage a team of Analysts & Sr. Analysts and ensures that any people or operational issues are handled as per the guidelines provided both at an organizational level and specific process level
If the situation so demands then timely escalation of the matter to the next level of management
Adherence to procedures and SLAs
Identifies and manages resolution of service delivery root causes
Ability to act as a process expert and own and resolve complex queries and issues not only of self but also for the immediate sub process
Build and maintain strong relationships with all related departments and Middle Offices
Review the work performed by other analysts and senior analysts
Ability to train and mentor new hires on the process
Pro-actively communicate the procedure updates to the team. Ensures that all DPADs/client profiles are kept up to date at all times
EDUCATION & EXPERIENCE
Bcom/BBM/MBA (Finance)
6 to 8 yrs relevant experience, preferably with team handling exp.

OTHER REQUIREMENTS
Candidates are expected to be flexible to support business requirements across multiple shifts.

Previous Job Searches

My Profile

Create and manage profiles for future opportunities.

Go to Profile

My Submissions

Track your opportunities.

My Submissions

Similar Listings

India, Karnataka, Bangalore

📁 Operations/Securities

Requisition #: 75523

India, Karnataka, Bangalore

📁 Operations/Securities

Requisition #: 78485

India, Karnataka, Bangalore

📁 Operations/Securities

Requisition #: 77162

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.

Equal Employment Opportunity Statements
  • APAC/India EEO Statement
    • APAC/INDIA 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