Analyst Securities Lending, Trade Support Analyst Securities Lending, Trade Support …

Northern Trust
in Limerick, Munster, Ireland
Permanent, Full time
Be the first to apply
Northern Trust
in Limerick, Munster, Ireland
Permanent, Full time
Be the first to apply
Northern Trust
Analyst Securities Lending, Trade Support
This role is based in the Securities Lending Trade Support team in Limerick, reporting to the Team Leader.
The team provides equity and fixed income trade support services for Northern Trust's Securities Lending program. The team's main areas of responsibilities involve:
- settlement of EMEA Equity and Fixed Income lending activity
- reallocation and recall of loans related to client sales or account restructures

The Analyst role involves daily liaison with our SL Trading and Collateral Management desks, counterparts at our borrowers (typically global prime brokers) and the local sub-custodians / central securities depositories.

The role requires an individual with the ability to work in a fast paced, deadline driven environment. There is a strong emphasis on risk identification and reduction.

Qualities required include a strong attention to detail, a logical mind, and strong communication skills.

 Through effective liaison with the relevant internal partners (e.g. trading and collateral desks) and external counterparts (e.g. borrowers and sub-custodians) ensure Securities Lending trades settle on a timely basis.
 Manage failing settlements through close liaison with the Trading Desk, Trade Support and other relevant operational areas.
 Monitor client sales and breach levels and act to ensure timely loan reallocation / recall.
 Look to provide assistance where possible to team colleagues in times of high volumes.
 Demonstrate flexibility through cross training / support production activity with the SL Collateral team
 Ensure daily KPIs are met.
 Through your daily responsibilities, demonstrate accountability and attention to detail..
 Provide appropriate, accurate input to management reporting.
 Help to foster a positive team spirit and environment. Actively participate in team meetings.
 Experience in a banking/ custody operations environment is beneficial but not essential
 A basic understanding of Settlements / Securities Lending would be beneficial.
 Experience in Securities Finance / Securities Lending Operations advantageous.
 Ability to work under pressure with minimal supervision.
 Able to work to set deadlines, escalating issues where necessary.
 Ability to grasp new concepts quickly.
 Good written and verbal communication skills are essential. This role requires the ability to deal confidently and articulately with external counterparties.
Ability to grasp new concepts quickly.
An eye for accuracy with strong attention to detail.
Good questioning skills to determine nature of a problem and assess implications.
Able to work in a changing environment, recognise opportunities for improvement and make constructive suggestions.
Good PC skills, in particular, Excel.

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.