Senior Analyst Settlement Processing

Job Summary

About Northern Trust:

Northern Trust a Fortune 500 company is a globally recognized awardwinning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Role/ Department:

Reporting to Custody Operations Team Lead. The candidate will manage trade settlement process corporate actions/income management accounts opening and any other operational activities to support Custody Operations.

The key responsibilities of the role include:

Trade/Settlement

• Manage Middle Eastern Trade and Settlement activities.
• Have appropriate level of oversight on cash and stock reconciliations ensuring regulatory compliance
• Manage Proxy voting activity ensuring nil errors
• Maintain excellent working relationships with internal stakeholders in various locations to maximize delivery to our clients that meets the service level agreements
• Maintain relationships with different counterparties.
• Analyse internal reports received raising appropriate queries to ensure the delivery to clients is accurate and compliant with local regulation
• Participates in relevant custody operations related meetings with other locations to maintain and develop your subject matter expertise
• Resolve queries and/or take action on all queries with in set standard and timeframe.
• Deliver all required documentation and information to the auditors facilitating smooth audit processes and ensuring compliance and regulatory standards.
• Participate in preparing monthly and quarterly KPIs.
• Escalate all issues where appropriate and ensure that all appropriate lines of communication are open at all times.
• Update operational procedures to reflect all changes in the process
• Work closely with Local Depository.

Skills/Qualifications:

• Experience in investment operations (custody operations is preferred) with fair knowledge of Saudi market
• Excellent Arabic and English communication skills
• Proven proactive approach having ownership of issues until resolution
• Ability to Multitask with Analytical/problem solving through organization and time management
• Good risk management and regulations knowledge/understanding
• The ability to operate within a team

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds 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 .

We hope youre 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.

Required Experience:

Senior IC

Key Skills

• Freelance Writing
• Lab
• DCS
• Investment
• Administration Support
• Import & Export

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