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Senior Analyst, Sec Lending

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.

The key responsibilities of the role include:

Under general supervision (but works independently most of the time) responsible for handling and processing transactions for the Securities Finance 3rd Party Lending team for Equities, Fixed Income and FED trades. Demonstrates a clear understanding of the Securities Lending product and the process flow.

Under direct supervision, responsibility for handling and supporting routine transactions and support functions including:

·     Timely market settlement of incoming and outgoing Transfers for 3rd Party Custodian relationships
·     Process and review of daily client Sale activity
·     Reconciliation of internal accounts
   
Works with internal teams as well as outside counterparties in an environment that encourages employee participation, engagement, and effective communication. Candidate must be comfortable working in a fast-paced environment and able to meet tight deadlines. Candidate willwork within the securities finance operations group and follow procedures, guidelines and best practices. Candidate will work with partners in Chicago as well as our Bangalore office. Responsible for following established guidelines and identifying and resolving problems.


The successful candidate will benefit from having: 

· College or University degree and / or relevant Securities Operations / stock loans work experience is preferred.
· Excellent oral and written communication skills are required.
· Highly flexible and adaptable to change.

Salary Range:

$63,200 - 94,800 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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. #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 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.

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CEO of Northern Trust
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Average salary estimate

$79000 / YEARLY (est.)
min
max
$63200K
$94800K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Analyst, Sec Lending, Northern Trust

At Northern Trust, we're looking for a highly skilled Senior Analyst for our Securities Lending team based in Chicago, IL. This is a fantastic opportunity to join a Fortune 500 company that has been a leader in financial services since 1889. As a Senior Analyst, you'll play a critical role in handling transactions for our Securities Finance 3rd Party Lending operations, working independently most of the time with limited supervision. You'll master the nuances of the Securities Lending product while processing and managing various transactions related to both Equities and Fixed Income. Your responsibilities will include ensuring timely market settlements for transfers, reconciling internal accounts, and processing daily client sales activity. Collaboration is key, so you’ll engage with internal teams and external counterparties effectively, contributing to a dynamic workplace that encourages employee participation and growth. We're looking for an individual who thrives in a fast-paced environment and can meet tight deadlines. A degree in a related field or previous experience in Securities Operations is preferred, along with exceptional communication skills. Join us at Northern Trust and contribute to our mission of providing innovative financial services while building your career in a supportive and flexible environment. Explore the future with us where your ideas can lead to significant impacts!

Frequently Asked Questions (FAQs) for Senior Analyst, Sec Lending Role at Northern Trust
What are the primary responsibilities of a Senior Analyst at Northern Trust?

The Senior Analyst position at Northern Trust involves managing transaction processing and support functions for our Securities Finance 3rd Party Lending team. This includes timely settlement of market transactions, reconciliation of internal accounts, and processing client sale activities in both Equities and Fixed Income.

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What qualifications are preferred for a Senior Analyst role at Northern Trust?

Ideal candidates for the Senior Analyst role at Northern Trust generally hold a college or university degree, and relevant experience in Securities Operations or stock loans is strongly preferred. Strong oral and written communication skills are essential for success in this role.

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How does Northern Trust support the career development of Senior Analysts?

Northern Trust promotes a culture of movement and growth, encouraging Senior Analysts to explore new ideas and career paths. Senior leaders are accessible, making it easier for employees to seek guidance and mentorship as they advance in their careers.

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What kind of work environment can a Senior Analyst expect at Northern Trust?

The work environment for a Senior Analyst at Northern Trust is flexible and collaborative. Employees engage in effective communication and contribute to a supportive culture, which fosters participation and encourages the sharing of ideas.

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Are there any benefits for Senior Analysts at Northern Trust?

Yes, Northern Trust offers a comprehensive benefits package for Senior Analysts that includes retirement benefits, health coverage, paid time off, discretionary bonuses, and various well-being benefits to ensure a balanced work-life experience.

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Common Interview Questions for Senior Analyst, Sec Lending
Can you describe your experience with securities lending transactions?

In your response, highlight relevant experience with handling securities lending, such as specific transactions you've processed, your understanding of market settlements, and how you've contributed to improving processes in previous roles.

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What steps do you take to ensure accuracy in transaction processing?

Discuss your attention to detail, your methods for cross-referencing data, and any tools or software you utilize to verify transaction accuracy. Providing an example of a time you identified and resolved an error would strengthen your answer.

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How do you manage tight deadlines in your work?

Emphasize your time management skills and ability to prioritize tasks effectively. You can mention specific strategies you use, such as breaking tasks into manageable sections or using productivity tools to stay organized.

Join Rise to see the full answer
Describe a time you worked collaboratively with a team.

Share an example that showcases your teamwork, emphasizing how your contributions led to a successful outcome. Highlight any specific roles you took on or how you facilitated communication among team members.

Join Rise to see the full answer
What do you understand about the Securities Lending product at Northern Trust?

Display your knowledge of the Securities Lending product by discussing its components, process flows, and how it serves both clients and operations. Showing that you've researched Northern Trust's offerings can set you apart.

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How do you respond to changing regulations in securities finance?

Explain your approach to staying updated with industry regulations and how you adapt your processes accordingly. Mention resources or networks you rely on for compliance insights.

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How would you handle a dispute with a client or counterparty?

Detail your conflict resolution skills, focusing on communication, active listening, and maintaining professionalism. Share a relevant experience where you successfully resolved a dispute.

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What makes you a good fit for the Senior Analyst position at Northern Trust?

Take this opportunity to connect your skills and experiences to the role's requirements. Mention your relevant background in securities operations, strong communication skills, and adaptability to align with Northern Trust's values.

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What tools or software are you familiar with that pertain to securities operations?

List relevant software or systems you have experience with. Elaborate on how you’ve applied these tools in prior jobs to enhance efficiency in transaction processing and reporting.

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Where do you see yourself in the next five years within the finance industry?

Articulately express your career goals and how the Senior Analyst role at Northern Trust aligns with your aspirations. Show enthusiasm for growth within the company and your interest in expanding your expertise.

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Join a Team That’s Made for Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the dri...

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Full-time, on-site
DATE POSTED
April 13, 2025

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