Settings

CAREERS

Analyst, Derivatives (Repo Collateral)

📁
Operations/Securities
📅
75289 Requisition #
Apply for Job
Share this Job
Sign Up for Job Alerts
ANALYST, EMEA DERIVATIVES COLLATERAL MANAGEMENT
Global Derivative Operations Department
Metropolitan Area
Non-management position 
Reporting to Team Leader, Daily Margin Team
Full Time

DEPARTMENT OVERVIEW
Global Derivative Operations supports Northern Trust Custody and Investment Operations Outsourcing clients across the full range of Exchange Traded and Over-The-Counter Derivative products, providing operational functions and interfacing between both clients and in-sourced derivative operational areas. Derivative Operations consists of Trade Capture, Trade Confirmations, Settlements, Client Services, Valuations and Analytics, and Collateral Management services. Derivative Operations Teams are situated across the globe in locations including Melbourne, Bangalore, London, Frankfurt and Chicago.

Within this structure, the EMEA Collateral Management Team is an exciting and growth area of derivatives.  The Collateral Team is presented with new challenges every day from existing and potential new clients. The Collateral Team thrives on these challenges and partners work closely together supporting and cross training each other to be able to handle the demands of the clients.
  
JOB DESCRIPTION
As part of continued expansion and ongoing commitment to partner development and progression we have an opening for an Analyst in the EMEA Derivatives Collateral Management team. 
This is a varied role focussed on day to day services for OTC and Repo collateral, clearing margin for CCP and bespoke collateral services for outsourcing clients.
Working with a team of Collateral Analysts and Senior Analysts to service the day to day needs of our clients and drive performance and efficiency.
The Analyst will report directly to the Team Lead of Collateral and additionally provide support for global partners managing Collateral for clients across multiple regions.

KNOWLEDGE/SKILLS
Understanding of ISDA Credit Support Annex and GMRA documentation
Very strong attention to detail
Ability to work constructively under time pressure
Strong analytical and problem solving capabilities
Good client relationship management skills
Able to work effectively as part of a small team

MAJOR DUTIES
Monitoring day to day margin calls ensuring client exposures are covered
Ensuring controls on collateral management process are monitored and exceptions resolved in a timely manner
Work with global counterparts to ensure adequate coverage and all client queries answered
Working together with the global business team to provide excellent client service
Assist with client on-boarding and transition activity
Providing reporting to managers and clients
Ensuring timely escalation of any issues to senior management
Contribute to UAT testing for new products and change developments as needed
EXPERIENCE
Relevant experience in a Collateral or Derivative Operations role is preferred
Good Microsoft Office suite skills
Working knowledge of Colline of some benefit
Strong communication; written, verbal and presentation skills

About Northern Trust
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

As of December 31, 2018, Northern Trust Corporation had:

$10.1 trillion in assets under custody/administration
$7.6 trillion in assets under custody
$1.1 trillion in assets under management
$132 billion in banking assets 



Previous Job Searches

My Profile

Create and manage profiles for future opportunities.

Go to Profile

My Submissions

Track your opportunities.

My Submissions

Similar Listings

Ireland, Munster, Limerick

📁 Operations/Securities

Requisition #: 75157

Ireland, Munster, Limerick

📁 Operations/Securities

Requisition #: 74177

Ireland, Munster, Limerick

📁 Operations/Securities

Requisition #: 75129

Reasonable Accommodation
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 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC EEO Statement
    • APAC 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
    • 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
    • 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
    • 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, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement