CAREERS
📁
Operations/Securities
📅
78300 Requisition #
About Northern Trust
 

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

 
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 that is committed to strengthening the communities we serve!        

        

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.

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 ethical companies. Build your career with us and apply today.



Role Overview

The primary responsibility of the Team Leader is to supervise and support a team of Analysts and Senior Analysts within a function related to International Securities Lending operations. Functions include Trade Support, Income, Corporate Actions, Collateral, Client Directed Lending, Third Party Agent Lending and MIS & Billing activities. The Team Leader reports to the Securities Lending Team Manager and assists with workflow distribution and maximising the effectiveness of the team. Identifies opportunities to improve straight-through processing, ensuring best market practices. Conducts performance management and career development processes.


Duties and Responsibilities

  • Manage the work flow for the team. Ensure all reports and Borrower billing details are set up, disseminated and actioned in a timely manner. Review and authorize files and borrower instructions 

  • Support the Team Manager in ensuring operational efficiency of the team. Provide management reporting and escalation of aged or high risk issues 

  • Provide on the job technical training and coaching for all team members and brief staff regularly on issues relating to work carried out by the team and new initiatives 

  • Responsible for work flow distribution and the effective use of resources within the section 

  • Ensure all procedures are kept up to date and are adhered to on a daily basis. Assist the Team Manager in establishing goals and objectives for the team 

  • Generate process and system enhancement ideas and co-ordinate the introduction of these changes with supporting documented procedures 

  • Carries out complex activities with significant financial, client, and/or internal business impact 

  • May have direct interaction with committees and/or Senior Management 

  • Able to serve as a key subject matter expert and mentor to other more junior level employees 

  • Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work 

  • Conducts performance management and career development processes, and staffing and disciplinary actions




Qualifications

  • A College or University degree and/or 3-5 years of work experience in Securities Operations is required

  • Experience of Securities Lending in an operations environment is required 

  • Supervisory experience within Securities Operations is desirable 

  • Excellent oral and written communication skills are required.

  • The role will require the ability to deal confidently and articulately with external counterparties 

  • Analytical and problem solving skills are required 

  • Leadership and organizational skills are needed to prioritize assignments and provide feedback to staff 

  • Ability to set priorities and manage deadlines, escalating issues where necessary 

  • Good team player, self-starter, flexible, with the ability to work under pressure with minimal supervision Good PC skills, in particular, Excel


Work Schedule:
11AM-8PM M-F

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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), 1800-425-0333 (India), +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/India EEO Statement
    • 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
    • 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