Job 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.
The key responsibilities of the role include:
Under general supervision (but works independently most of the time) responsible for handling and processing transactions for the Securities Finance Client Directed Lending team.
Demonstrates a clear understanding of the Securities Lending product.
Under direct supervision, responsibility for handling and supporting routine transactions and support functions including:
- timely settlement of trades.
- process and review of stock and cash movements
- reconciliation of accounts
Works with both direct and indirect teams as well as outside counterparties in an environment that encourages employee participation, engagement, and effective communication. Candidate must be comfortable working in a fast-paced environment and able to meet tight deadlines. Candidate will work within the securities lending operations group and follow procedures, guidelines and best practices. Candidate will work with partners in Chicago as well as our Bangalore office.
Responsible for following established guidelines and identifying and resolving problems.
Skills/ Qualifications:
- The successful candidate will benefit from having:
College or University degree or relevant Securities Operations/stock loans
Excellent oral and written communication skills are required
Highly flexible and adaptable to change.
Salary Range:
$57,400 - 86,200 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.