Custody Operations Consultant
Full time
at Northern Trust Corp
in
Saudi Arabia
Posted on February 6, 2025
Job details
Custody Operations Consultant page is loaded
Custody Operations Consultant
Apply locations Riyadh, Saudi Arabia time type Full time posted on Posted 2 Days Ago job requisition id R137544 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 the Operations department in the Saudi office in Riyadh and reports into the Head of Operations. This is a mid-senior role where the successful candidate will be a self-motivator with the ability to work in a 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 the 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 within set standards and timeframe.
- Manage, train and give guidance to more junior staff in the team on day-to-day BAU activities
- Ensure business resiliency is up to date and tested regularly
- Work with the Head of Operations on any other task that is assigned.
- Middle Eastern market knowledge, especially 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
About Us
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A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.Equal Employment Opportunity Statements
APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance. EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. #J-18808-LjbffrApply safely
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