Northern Trust
Analyst, Security Processing
- Permanent
- Riyadh, Saudi Arabia
- Experience 2 - 5 yrs
Job expiry date: 29/05/2026
Job overview
Date posted
14/04/2026
Location
Riyadh, Saudi Arabia
Salary
SAR 15,000 - 20,000 per month
Compensation
Salary only
Job description
Analyst, Security Processing responsible for supporting Custody Operations by managing trade settlement processes, corporate actions and income management, account opening, and operational activities within Northern Trust Riyadh office. Reporting to the Operations Head, the role focuses on processing Middle Eastern trade and settlement activities, overseeing cash and stock reconciliations, ensuring regulatory compliance, and executing proxy voting activities with zero error tolerance. The position involves maintaining relationships with counterparties, working closely with local depository institutions, and collaborating with internal stakeholders across multiple locations to deliver services aligned with service level agreements. Responsibilities include analyzing internal operational reports, raising queries, ensuring accuracy and compliance with local regulations, resolving operational issues within defined timelines, and participating in custody operations meetings to enhance subject matter expertise. The role also includes supporting auditors with required documentation, assisting in preparation of monthly and quarterly KPIs, escalating operational risks, and ensuring communication across operational teams. The Analyst supports financial securities processing activities including settlement, reconciliation, corporate actions processing, account opening, and regulatory reporting within custody operations using operational controls and compliance standards to ensure efficient service delivery to institutional clients.
Required skills
Key responsibilities
- Process Middle Eastern trade settlement activities including securities settlement, cash settlement, and custody transactions while ensuring accuracy, timeliness, and compliance with regulatory requirements and operational procedures.
- Perform cash and stock reconciliations with appropriate oversight, investigate discrepancies, resolve breaks, ensure regulatory compliance, and maintain accurate records for custody operations and securities processing.
- Execute proxy voting activities ensuring nil errors, validate voting instructions, coordinate with counterparties, and maintain operational controls for corporate governance related activities.
- Manage corporate actions and income processing activities including dividend payments, interest payments, entitlement processing, and ensure accurate posting to client accounts within agreed timelines.
- Maintain relationships with counterparties, local depositories, and internal stakeholders across multiple locations to ensure smooth operational processing and adherence to service level agreements.
- Analyze internal operational reports, raise queries where discrepancies exist, validate transaction data, and ensure delivery to clients is accurate and compliant with local regulatory requirements.
- Assist auditors by providing required documentation, support audit requests, ensure regulatory compliance, and contribute to monthly and quarterly KPI preparation for custody operations reporting.
- Resolve operational queries within set timelines, escalate issues appropriately, participate in custody operations meetings, support account opening activities, and contribute to operational improvements and subject matter expertise development.
Experience & skills
- Obtain university graduate degree preferably within Finance or relevant discipline supporting securities processing, custody operations, and financial services operations.
- Demonstrate knowledge of trade settlement, custody operations, corporate actions processing, income management, and securities processing within financial services environment.
- Demonstrate experience handling cash reconciliation, stock reconciliation, operational reporting, and regulatory compliance within custody or securities operations.
- Demonstrate ability to manage proxy voting activities, account opening processes, and operational controls ensuring accuracy and zero-error execution.
- Demonstrate experience working with counterparties, local depositories, and internal stakeholders across multiple locations within custody operations environment.
- Demonstrate ability to analyze operational reports, raise discrepancies, resolve queries within timelines, and support service level agreement delivery to clients.
- Demonstrate experience supporting audits, preparing monthly and quarterly KPIs, maintaining operational documentation, and ensuring compliance with regulatory standards.
- Demonstrate proficiency in English and Arabic communication, ability to multitask, manage time effectively, and support multiple custody operations activities simultaneously.