Northern Trust India | Senior Analyst, Trade Settlements (Pune & Bangalore) - Multiple position

Key responsibilities

• The Senior Analyst in Investment Operations Outsourcing (IOO), Market Operations, is responsible for independently executing and overseeing trade lifecycle activities, ensuring timely and accurate settlements, and proactively mitigating operational risks.
• The role requires strong product and process knowledge across Trade, FX, Cash, and Settlements, with the ability to resolve complex exceptions and support governance and control requirements.
• We hope you’re excited about the role and the opportunity to work with us.
• Own end‑to‑end processing from confirmation through settlement, ensuring accuracy, timeliness, and adherence to market cut‑offs.
• Validate and match trade details with brokers, custodians, clearing houses, and internal systems.
• Investigate and resolve trade breaks, settlement fails, cash breaks, and discrepancies, coordinating with counterparties and internal teams.
• Identify and mitigate settlement risk, counterparty risk, and currency risk, escalating material or aged issues appropriately.
• Act as the first point of escalation for Analysts, providing guidance and resolution support before further escalation to Technical Coordinators or Team Leaders.
• Provide clear status updates and recommended actions when escalating unresolved or high‑risk items.
• Execute processes in line with approved SOPs and DPAD documentation, ensuring control discipline and audit readiness.
• Ensure operational adherence to applicable regulations and market standards.
• Support internal controls and best practices designed to minimize operational, financial, and client risk.
• Perform and oversee ledger postings to books of accounts, identify cash and stock breaks, and ensure timely investigation and resolution.
• Identify recurring issues, manual touchpoints, and control gaps; propose process improvements and efficiency enhancements.
• Support automation and change initiatives by providing functional insights, test support, and BAU validation.
• Provide training, coaching, and day‑to‑day guidance to Analysts, supporting skill development and consistent execution of best practices.
• Act as an operational contact for brokers, custodians, investment managers, and internal stakeholders for issue resolution and clarifications.
• Collaborate effectively with Front Office, Risk, Compliance, and internal Operations teams to resolve market operations queries.
• You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
• Build your career with us and apply today. #MadeForGreater.
• Process Improvement Mindset: Proactive approach to identifying efficiency and control enhancements.

Requirements

• Strong working knowledge of trade and forex lifecycle processes, settlement cycles, and cash flows.
• Familiarity with settlement and market infrastructure platforms such as SWIFT, CLS, DTCC, Euroclear, CREST, or equivalent.
• Strong analytical and problem‑solving skills with the ability to manage multiple priorities.
• For internal, minimum 2+years in the current role as Analyst or lateral role with 1+years of experience.
• Analytical & Problem‑Solving: Ability to assess complex discrepancies and drive effective resolution.
• Attention to Detail: High accuracy in trade processing, cash handling, and risk assessment.
• Communication: Clear and professional verbal and written communication with internal and external stakeholders.
• Time Management: Ability to manage multiple priorities under tight deadlines.
• Client Awareness: Strong understanding of client impact, SLAs, and service expectations.

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