Sr Analyst, Derivatives

About Northern Trust As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. Major Duties Trade processing and settlements of ETD trades on NT applications. Ensures Day to day SLA & Quality parameters are met. Checklists are prepared and submitted to the supervisor on a daily basis Ability to handle, escalate & resolve queries in a timely manner Builds a strong depository of the Operations and Domain knowledge in the team To actively be involved in creating/ capturing process updates/ workflows pertaining to business & process To handle small clusters within the team where deliverables of the cluster are monitored To perform route cause analysis of errors and suggest/ implement controls in consultation with the Supervisor/ Manager To provide training sessions to new joiners and existing partners in the team To actively work on identifying and implementing process improvements in consultation with the Supervisor To initiate and lead team building activities within the team To actively participate in Audits/ BCP exercises and to help the supervisor to ensure awareness in the team To assist the supervisor/ Manager in conducting Risk/ BCP/ Compliance awareness sessions Actively manage and mitigate risk with respect to job assigned Follow all policies and procedures at all the times designed to help identify, assess, monitor, and control risk Zero tolerance to errors and deviations from established procedures in performing tasks (including review and approvals) in respect of self to achieve 100% process quality and accuracy Understanding of overall business model and impact of various sub processes on the business. Allocation and manage the volume assigned; Assists others to complete their work in time. All the discrepancies are researched and articulated Averse/Adapt to the change and initiatives Active Participation in assignments completed within and outside of your team Act with client satisfaction at all times. Understand clients requirements, special procedures if any, impact of missing a process deliverables Ensure accountability towards the day to day deliverables is demonstrated at all the time Exhibit the team work to ensure to meet the fluctuating volume Taking initiatives to execute the critical/pending tasks including migrations with utmost accuracy within desired timelines Active Participation in assignments completed within and outside of your team Knowledge/ Skills Excellent written & oral communication skills Possesses good communication & analytical skills Proven ability to build strong relationships with partners on site/ across business lines/ juniors and seniors A proactive approach to problem solving, taking ownership of issues and having the determination to follow through. Escalate issues as appropriate A client focused approach Possesses working knowledge of MS Office Exposure and understanding of Risk, Audit and Compliance factors Working knowledge of the business and financial services industry Develops a network of colleagues, peers and other stakeholders Demonstrate a positive attitude and accepts changes as they occur in team/division Analyze existing client data and make recommendations for increased client satisfaction Understand clients requirements, special procedures if any, impact of missing a process deliverables With