Analyst
Northern Trust
Total years of experience :2 years, 5 Months
Northern Trust
FINANCIAL ANALYST May 2011 - Present
Northern Trust Corporation is a leading provider of investment management, asset and fund administration and banking solutions for corporations, institutions and individuals worldwide. Northern Trust, a multi-bank holding company based in Chicago, has a network of 85 offices in 18 U.S. states and has international offices in 12 locations in North America, Europe and the Asia-Pacific region. Northern Trust is also one of the largest global custodians in the world, serving the asset servicing needs of corporate and public retirement, foundations, endowment, fund managers, insurance companies and government funds.
Role: Analyst
Process: Securities Lending (Entitlements)
Securities lending program: Clients who avail custody services from Northern Trust are enrolled in to the program for which they will earn fees for the same and their shares/stocks are lent out to the borrower.
Operational Experience as Analyst: ✓ Income dividend collections, Agency Lending and Corporate actions
✓ To make sure that risk exposures are minimum
✓ Borrower relationship: includes enhancement of services to borrowers and to receive and send claims in a timely manner to avoid any delays in payments.
✓ To update the team on any market changes.
✓ Liaising with the Global Custody team, Investment Management groups, Custodians and brokers across the globe.
✓ All European and Asian markets handled.
DBOI (Deutsche Bank Operations India): Services include sales, trading, and origination of debt and equity; mergers and acquisitions (M&A); risk management products, such as derivatives, corporate finance, wealth management, retail banking, fund management, and transaction banking".
Offers financial products and services for corporate and institutional clients along with private and business clients,
Role: Analyst
From May 2011 till Sep 2022
Process Securities Lending Income dividend collections, Agency Lending and Corporate actions
To make sure that risk exposures are minimum
Borrower relationship: includes enhancement of services to borrowers and to receive and send claims in a timely manner to avoid any delays in payments.
To update the team on any market changes.
Liaising with the Global Custody team, Investment Management groups, Custodians and brokers across the globe.
Process: FX Margins (Collateral Management and Valuations)
Tenure: August 2010 - Till May 2011
✓ Operational Experience as Analyst: ✓ Manage FX A/C of clients to ensure that FX trades settle on time.
✓ Process FX Payments on behalf of clients.
✓ Manage collateral, mark to market
Trades to ensure that clients are fully collateralized.
✓ Monitor FX trades.
✓ Book traders in internal system and processes SWIFT's
✓ Interact with investment managers in case of any discrepancy.
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✓ B. Com Finance and Banking University of Kashmir 2007 - 2010