Sr. Analyst, Securities Services

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. This individual will be working within the Mutual Funds and Daily Valuations team; the individual is responsible for the onboarding and set-up of new clients that trade Mutual Funds and CIT’s via automated platforms or direct with the funds. They will be responsible for understanding the various system that are utilized within the Company and external Fund companies to execute the account set-ups. They will also work directly with clients, internal partners record-keepers and external funds in processing complex transactions and executing various operational functions. The team also serves as a first point of contact for client facing partners and Relationship Managers covering all business segments at Northern Trust. The role will focus on asset movement and account set-up, NSCC and Settlement agreement, client restructures, exchange funds, and stock movement; or new account client onboarding and maintenance; as well as piloting and testing new products and systems. The focus of this role can change based on the needs of the operations team and it is likely to include the need to participate in projects and train other team members The successful candidate must have the knowledge to interpret policies/procedures, an ability to work under pressure completing time-critical tasks, be comfortable working on their own and as part of a team and possess an eye for detail. The candidate will need to demonstrate sound judgment, know when to elevate exceptions and issues to Management, possess strong analytical and communication skills, and the approach of getting all tasks right first time. Knowledge/skills: Processing and approving the following transactions; domestic and international wires; retirement distributions, conversions, free deliveries, DWACs, and DRS. Completion of Incoming account transfer asset reviews. Initiate and monitor account transfers. Establishing new accounts and updating accounts as per clients' instructions. Support front office institutional and retail registered representatives by navigating them through systems and procedures. Timely and accurate execution of workflow/control related activities. Coach and develop junior level partners as subject matter expert. Take initiative to identify and implement process improvement opportunities to increase processing effectiveness and efficiencies. Other ancillary duties as assigned. Qualifications Experience 1-3 years of Industry experience Experience working Knowledge of 401K, Retirement planning, Mutual Funds, NSCC, Fund of Funds and Exchange Funds. Salary Range $47,500 - 71,300 USD Salary 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 View email address on click.appcast.io, or alternatively you can discuss your individual requirements with the recruiter you are working with. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America 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 View phone number on click.appcast.io (North America), +630-276-5353 (Asia Pacific), View phone number on click.appcast.io (India), View phone number on click.appcast.io (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. 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 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 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 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 or gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.) #J-18808-Ljbffr Northern Trust