Northern Trust

Team Lead, Sec Lending

Job Location:  Bangalore
Job Description:  SkillSet: middle office, asset servicing, internal control, service industry, corporate actions.

Must possess excellent interpersonal and communication skills
Should be confident while conversing with people and audience
Should be an effective listener
Ability to adapt quickly to new situations and initiatives
Should respect diversity and create an atmosphere of inclusion in the team
Should have general awareness of market wide risk and compliance policies such as AML Information Security, BCP, Pandemic planning etc.
Ability to understand comprehend Risks associated with Securities Operations domain (lending preferred) and the implications on operations
Strong understanding of aspects of Internal Control, its effect on Operations and implementation
Comprehensive understanding of the Asset Servicing Practice and its effect on the Financial Service Industry
Custody Trade and Settlements, Income and Corporate Actions knowledge would be an added advantage
Financial knowledge on International and domestic markets would be an advantage
Should understand the concept ability to Driving Performance
Ability to set priorities and manage multiple deadlines, follow-ups escalate issues where necessary
Working knowledge or experience in an Settlements/ Collateral /Income / Corporate actions operations environment would be preferred

MAJOR DUTIES:
Serve as the first level of management
Should be able to understand organizational Division goals, strategies and should be able to help connect to the team s performance in achieving the same
Ensure that the SLA / KPIs are being performed in a timely manner
Timely updating of process related documentation and sign-off from on-shore managers
Responsible for allocation of work to the team and other Day-to-day management responsibilities
Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work
Responsible to engage team members through daily huddles, periodic team meetings
Work with the Section Manager to test internal controls not only within the sub function of Control but across all sub functions and report accordingly
Conducts performance management and provides monthly and regular feedback to staff on core task performance. If needed, escalates to the next level in case of staffing and disciplinary actions to be addressed
Should be in a position to maintain extremely high accuracy levels for the team (through supervision)
Displays extremely high ownership for both the team and the process. Steps up and makes effective decisions wherever and whenever required
Build and maintain strong relationships with Team members, Middle Office and other relevant partner areas such as Risk, Audit, and HR etc
Acts as a back-up for the Section Manager and also contributes to MI reporting
Responsible to coach/mentor team members to help them walk through employee journey at Northern, help build career development plans
Participates/drives project(s) at Division or Practice level

CORE COMPETENCIES:
Good interpersonal skills and understanding of NT and its business. Organisational Knowledge (business knowledge, expert knowledge and external events impact) NT Savvy (relationship builder, respectful, have good networking skills))
The role involves written and verbal communication with counterparties such as agents and borrowers. Candidate needs to have effective verbal and written communication skills - Effective Communication Skills
Thinking (creative thinking, decision making, input seeking, logical thinking and solution finding), Implementation skills - Innovative thinking, Excellence In Execution and Personal Courage
Client Service and Quality (quality, relationship building and client satisfaction) Focused client delivery
Administration (anticipates needs, execution, planning, process specialist, quality seeker and time management)
Self-management (adaptability and resilience, learning behaviour, integrity and ethics)
Self-Motivated ( leads by example drives high performance standards, achieving results and persistent)

ACCOUNTABILITIES:
Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role
Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organized and controlled
Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties

MINIMUM REQUIREMENTS
Graduate from Commerce discipline
Candidate having prior experience and background with Securities Operations would be preferred
Must be flexible to work in shifts

Additional Information
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Functional Area:  Finance / Accounts / Tax
Experience:  5 - 7 years
Qualification:  ("Other in Other")
Salary:  6 Lakh to 10 Lakh INR
 
Northern Trust
Job Ad publication date: 14 May 2021