Senior Analyst

Position Overview

The Senior Analyst – Data Management (Derivatives) will be responsible for executing and managing complex operational activities within the Data Management function, ensuring adherence to policies, procedures, and service-level agreements (SLAs). This role requires deep knowledge of financial markets—particularly derivatives and custody operations—along with exceptional analytical, communication, and stakeholder management skills.

At Northern Trust, we are looking for a motivated professional who can handle time-bound activities with precision, identify process improvements, and contribute to efficient data management across multiple markets. The Senior Analyst will represent the team in cross-functional projects while emerging as a subject matter expert within their area of specialization.

Key Responsibilities

• Execute daily Data Management operations including routing, coding, SSI setups, call-backs, DSM, and MI reporting with accuracy and timeliness.

• Perform in-depth analysis of call-back exceptions and report to controls for appropriate approvals.

• Maintain compliance with company policies, procedures, and service-level commitments (SLAs).

• Support Swift network relationship establishment and ensure smooth settlement data flow.

• Identify and implement process improvement initiatives to enhance efficiency and control.

• Collaborate effectively with internal stakeholders, middle offices, and external partners to research and resolve exceptions.

• Provide analytical support and assist team leaders with daily operations and control activities.

• Demonstrate strong understanding of global financial markets, derivatives products, and the custody environment.

• Ensure effective internal control mechanisms are in place for operational risk management.

Skills & Qualifications

• Strong understanding of Data Management processes, especially within a custody or derivatives operations environment.

• In-depth knowledge of derivative markets, Swift messaging, and Standing Settlement Instructions (SSI).

• Excellent attention to detail, with the ability to work under tight deadlines and cutoff timelines.

• Strong analytical, investigative, and problem-solving abilities.

• Excellent communication skills—both written and verbal.

• Ability to multitask and remain composed in high-pressure environments.

• Strong interpersonal skills for stakeholder management and client interactions.

• Proficiency in MS Office Suite (Excel, Word, PowerPoint) and operational tools.

• Adaptable to organizational and market changes with a positive, learning-oriented mindset.

Education & Experience

• Education: Bachelor’s or Master’s in Finance, Commerce, or Business Administration (BA / B.Com / BBM / MBA – Finance).

• Experience: Minimum 2+ years of operational experience in Derivatives or Data Management, preferably as Analyst / Senior Analyst.

Additional Requirements

• Flexibility to work in APAC, EMEA, or NA shifts as required.

• Eligibility: Minimum 12 months of experience as Analyst II within the organization.

Benefits

• Opportunity to work with a Fortune 500, globally recognized financial institution.

• Exposure to global markets and derivatives operations.

• Collaborative work culture that encourages internal mobility and skill development.

• Access to cutting-edge technology and continuous learning opportunities.

• Competitive compensation and career advancement pathways.

About Northern Trust

Founded in 1889, Northern Trust Corporation is a leading, award-winning financial institution with over 130 years of experience and more than 22,000 partners worldwide. We provide innovative financial services to some of the world’s most successful individuals, families, and institutions—guided by our principles of service, expertise, and integrity.

As a Northern Trust partner, you’ll be part of a collaborative culture where innovation, professional growth, and community impact are deeply valued. Join a workplace where you can achieve more, contribute meaningfully, and build a fulfilling career.