Northern Trust India | Senior Analyst

Principal responsibilities

• This role will be part of Bangalore Brokerage Operations team.
• The role involves financial control responsible for ensuring the integrity of financial reporting, maintaining internal controls, and supporting compliance with accounting policies and regulatory requirements.
• The current role is for late EMEA shift and candidate is expected to be open for supporting this shift
• 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.
• Establishing and documenting reasoning for variance and control analysis periodic thresholds.
• Reviewing thresholds regularly and adjusting as needed for changes in business environment or practices.
• Ensuring proper resolution of escalated issues.
• Respond to and resolve queries on a timely basis from the Business (Front office trading, operations), finance control and middle office stakeholders.
• Audit Management: Coordinate with internal and external audits to ensure compliance with statutory, risk & control requirements.
• Reconciliation: Reconcile vendor statements and resolve discrepancies in invoice data, such as number of trades, rate applied, duration, markets, asset type and other information.
• Escalating issues such as material errors requiring adjustment, inappropriate accounting practices, planned or foreseeable exceptions to policy, or any issue that may compromise financial reporting integrity.
• Produce periodic (month / quarter/year-end) analytics report and trend data to assist with the review and validation of financial results.
• Invoice Processing & Management: Receive, verify, code, and enter broker / vendor invoices, ensuring proper approval before payment.

Requirements

• Strong planning and organizational skills.
• Strong written and verbal communication skills.
• Strong analytical skills and good attention to detail.
• Ability to react and respond on a timely basis.
• Ability to adapt and react positively in a changing and dynamic work environment.
• Experience will be preferred (Please mention if previous work experience was relevant to Financial Services Industry).
• Good technical skills, most notably MS office (Word, Excel, Powerpoint, Outlook), Power BI & SQL are key requirements.
• Ability to adapt quickly to change

Northern Trust

Northern Trust Corporation is a US financial services company founded in Chicago in 1889 and still headquartered there; its shares trade on Nasdaq under the symbol NTRS. It works for institutional investors, corporations and wealthy families and individuals, and its business spans asset servicing (custody, fund administration and fund accounting for pension funds, asset managers, insurers and other institutions), wealth management, asset management through Northern Trust Asset Management, and banking. The company calls its employees "partners".

In India, Northern Trust works from Bengaluru and from Pune, where its office in Kharadi opened in 2016. These teams support the global business in asset servicing and wealth management operations: fund accounting and NAV calculation for mutual, hedge and private equity funds, transfer agency, trade settlements, reconciliations, anti-money-laundering checks and client reporting, alongside risk, finance and technology roles. Work of this kind suits B.Com, M.Com, MBA (Finance), CA, CFA and ACCA profiles.

• Industry: Financial services — asset servicing, wealth management, asset management and banking
• Headquarters: Chicago, Illinois, USA
• In India: Offices in Pune and Bengaluru