Custody Operations Consultant

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.

Role/ Department

This role sits within Operations department in Saudi office in Riyadh and reports into Head of Operations. This is a mid-senior role where the successful candidate will be self-motivator, have ability to work in team or individually.

The successful candidate will be looking after Account opening covering GCC and QFIs and entitlement activities.

The Key Responsibilities Of The Role Include

• To manage Middle Eastern Trade and Settlement activity
• To have appropriate level of oversight on cash and stock reconciliations ensuring regulatory compliance
• Manage Proxy voting activity ensuring nil errors
• Possess a good knowledge and understanding of Account opening in Saudi market for GCC and QFI institutions.
• Maintain excellent working relationships with internal stakeholders, in various locations, to maximise delivery to our clients that meets the service level agreements
• Analyse internal reports received, raising appropriate queries, to ensure the delivery to clients is accurate and compliant with local regulations
• Participates in relevant custody operations related meetings with other locations to maintain and develop your subject matter expertise
• Resolve queries and/or take action on all queries with in set standard and timeframe.
• Manage, train and give guidance to more junior staff in the team on a day to day BAU activities
• Ensure business resiliency is up to date and tested regularly
• Work with Head of Operations on any other task that is assigned.
  
  

Skills / Qualifications

The successful candidate will benefit from having,

• Middle Eastern market knowledge specially Saudi Arabia
• Extensive technical and/or business knowledge within the Securities Processing function.
• Provides support and guidance for Internal partners on daily issues and with Project Implementation.
• Liaises with the rest of the business to improve efficiency, effectiveness and productivity.
• Carries out complex initiatives involving multiple disciplines and/or ambiguous issues.
• Clear and precise in communication
• Firm grasp of the end to end business processes i.e. can understand the impact of change or an issue on other related areas.
• English & Arabic languages, both written and verbal
• Analytical approach
• Effective communication
• Remote management
• Proactively stays current with industry information
  
  

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 [email protected].

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.