About Northern Trust:

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

Northern Trust is proud to provide innovative financial services and guidance to the world’s 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 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Job Description for Technical Coordinator, IOO_Market Operations

Role Overview:Technical Coordinator in Investment Operations Outsourcing, Market Operations is responsible for providing deep technical expertise in Market operations including Trade, Forex, Cash processing and Settlements end to end, resolving complex operational issues, and driving process improvements. Acts as SME and work closely with internal teams, solutions, clients, oversight, and technology partners to enhance efficiency, ensure compliance, and implement best practices. This role requires strong industry knowledge and the ability to mentor junior team members.

Key Responsibilities

• Act as the go-to expert for trade, cash, forex, transitions, and settlements including claims lifecycle processes across multiple asset classes.
• Support trade processing activities including prematching, confirmation, and settlement across asset classes (equities, fixed income, FX, etc.…).
• Understanding of upstream and downstream activities
• Strong knowledge of financial products and their operations processing requirements
• Ensure compliance with regulatory changes such as T+1 settlement, CSDR penalties, EMIR, MiFID.
• Understanding and adherence of client SLAs
• Identify inefficiencies in middle-office operations and propose automation solutions.
• Leverage data analytics to identify trends and reduce trade failures.
• Stay updated on market updates, regulatory developments, and industry trends, ensuring adherence to market standards.
• Act as the key point of contact for brokers, custodians, Investment managers, and internal teams. Provide training and guidance to junior partners and peers, ensuring knowledge transfer and best practices.
• Must be resilient to pressure and can adapt quickly.
• Adherence of escalation and reporting status/progress on time
• Assist in implementing internal controls to minimize operational risks.
• Identify areas for process enhancements and drive automation initiatives.
• Develop documentation and SOPs for new and complex scenarios.
• A proactive approach to problem solving, taking ownership of issues, and having the determination to follow through.

Experience & Qualifications

• 4-7 years of experience in Banking and investment operations, trade support, or middle office.
• In-depth knowledge of trade lifecycle, settlements, corporate actions, and market operations.
• Strong understanding of regulatory requirements affecting investment operations.
• Bachelor’s or master’s degree in finance, Economics, or Business.
• Proficiency in industry tools such as Bloomberg, SWIFT, DTCC, CTM, Finastra, CLS….
• Minimum 2+years in the current role as Senior Analyst or lateral role with 1+years of experience.
• Flexible to support NA shifts (7:30 PM or 10:30 PM)

Soft Skills & Key Competencies

• Analytical Thinking: Ability to assess exceptions and provide solutions.
• Attention to Detail: High accuracy in trade processing and risk assessment.
• Communication & Stakeholder Engagement: Ability to work across teams and influence stakeholders.
• Client Management : Excellent client management skills
• Technical Proficiency: Strong understanding of investment systems and automation tools.
• Collaboration: Ability to work across teams and engage with stakeholders effectively.
• Problem-Solving: Expertise in resolving complex trade and settlement issues.

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.

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 sustainable companies! Build your career with us and apply today. #Made For Greater

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 MyHRHelp@ntrs.com.

We hope you’re 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.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office, space, we offer fantastic amenities which include our Arrival Hub – Jungle, the Game Zone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.