Analyst, SecLending

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.

The Analyst is responsible for supporting the daily processing and monitoring of securities finance collateral activities, including cash, non-cash, tri-party, and Canadian collateral management. The role requires a strong understanding of securities finance products, settlement processes, and depository activity, while ensuring timely and accurate execution of operational responsibilities.

• Process and monitor daily collateral movements, including cash, non-cash, tri-party, and Canadian market activity.
• Ensure timely settlement of collateral and securities transfers across DTC, FED, and Canadian depositories.
• Investigate and resolve stock, cash, and settlement exceptions.
• Perform daily reconciliations of internal accounts and external depository activity.
• Monitor collateral sufficiency and assist in managing collateral exposures and shortfalls.
• Communicate with borrowers, counter parties, custodians, and internal business partners to resolve operational issues.
• Support corporate action processing and collateral impacts associated with market events.
• Maintain compliance with departmental procedures, operational controls, and risk management requirements.
• Participate in process improvement initiatives and identify opportunities to enhance efficiency and reduce operational risk.
• Collaborate with global partners, including Chicago and Bangalore teams, to ensure seamless operational coverage and service delivery.

• Bachelor's degree in Finance, Accounting, Business, Economics, or a related field, or equivalent securities operations experience.
• 0-3 years of experience in securities finance, collateral management, custody, settlements, or financial operations.
• Understanding of securities lending, collateral management, and settlement processes preferred.
• Strong analytical and problem‑solving skills.
• Excellent verbal and written communication skills.
• Ability to work effectively in a fast‑paced, deadline‑driven environment.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Strong attention to detail and commitment to operational excellence.

$57,400 - 86,200 USD

Salary range is a good faith estimate of base pay.

• retirement benefits (401k and pension)
• health and welfare benefits (medical, dental, vision, spending accounts and disability)
• paid time off
• parental and caregiver leave
• life & accident insurance
• other voluntary and well‑being benefits
• discretionary bonus program that may include an equity component

Applicants must be authorized to work in the U.S. without the need for employment‑based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment‑based visa).

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of…