Job Description

About Northern Trust Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world\'s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world\'s most sophisticated clients using leading technology and exceptional service. Summary Responsible for processing activities of Derivatives operations would include assisting Team Leader in the day to day operations. Acts as a subject matter expert and supports the team in understanding concepts relating to the process. Responsible for ensuring day to day process deliverables are met, without compromising on quality and accuracy. Further, provides input and support to TL/Manager in achieving common goals. Analytically and procedurally competent in representing the team/process deliverables. Basic knowledge of procedure docs. Major Duties Processing of OTC Derivatives products like IRS, CDS, Equity Swaps, Options etc. into trade capture application. Processing cash payments using Swifts. Ensures Day to day SLA & Quality parameters are met. Checklists are prepared and submitted to the supervisor on a daily basis Ability to handle, escalate & resolve queries in a timely manner Builds a strong depository of the Operations and Domain knowledge in the team To actively be involved in creating/ capturing process updates/ workflows pertaining to business & process To perform route cause analysis of errors and suggest/ implement controls in consultation with the Supervisor/ Manager To provide training sessions to new joiners and existing partners in the team To actively work on identifying and implementing process improvements in consultation with the Supervisor To actively participate in Audits/ BCP exercises and to help the supervisor to ensure awareness in the team To assist the supervisor/ Manager in conducting Risk/ BCP/ Compliance awareness sessions Knowledge/ Skills Excellent written & oral communication skills Excellent knowledge on life cycle of OTC Derivatives products is must. Knowledge on margin/payments processing. Knowledge of all the OTC Derivatives Products. Possesses good analytical skills Proven ability to build strong relationships with partners on site/ across business lines/ juniors and seniors A proactive approach to problem solving, taking ownership of issues and having the determination to follow through. Escalate issues as appropriate A client focused approach Possesses working knowledge of MS Office Exposure and understanding of Risk, Audit and Compliance factors Knowledge of Capital Markets with exposure to Derivative products (OTC and ETD), Custodian operations, Reconciliations, Accounting would be an added advantage Experience Required Industry experience of minimum 2 years (Derivatives) and should be open to work in shift (07.30pm-04.30am IST). Working With Us As a Northern Trust partner, greater achievements await. 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. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. https://www.northerntrust.com/content/dam/northerntrust/pws/nt/images/careers/taleo-india.png 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 sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [HIDDEN TEXT]. We hope you\'re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater. Additional Information

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