Northern Trust
Senior Analyst, Settlement Processing
- Permanent
- Riyadh, Saudi Arabia
- Experience 2 - 5 yrs
- Urgent
Report job as expired
Job expiry date: 22/06/2025
Job overview
Date posted
08/05/2025
Location
Riyadh, Saudi Arabia
Salary
SAR 15,000 - 20,000 per month
Experience
2 - 5 yrs
Seniority
Senior & Lead
Qualification
Bachelors degree
Expiration date
22/06/2025
Job description
Northern Trust is hiring a Senior Analyst, Settlement Processing for its Custody Operations team in Riyadh. This role is responsible for managing trade settlements, corporate actions, income processing, and custody-related client service functions. The ideal candidate will possess experience in investment operations, strong analytical skills, and a proactive mindset with a thorough understanding of the Saudi financial market and regulatory environment.
Required skills
trade settlement
custody operations
proxy voting
corporate actions
income management
cash reconciliation
stock reconciliation
risk management
audit support
regulatory compliance
KPI reporting
account opening
internal stakeholder coordination
analytical thinking
time management
Arabic and English communication
local depository interaction
Middle East market knowledge
operational procedures update
Key responsibilities
- Manage Middle Eastern Trade and Settlement activities
- Oversee cash and stock reconciliations ensuring regulatory compliance
- Manage proxy voting activity ensuring nil errors
- Maintain strong working relationships with internal stakeholders and counterparties
- Analyze internal reports and raise appropriate queries to ensure client delivery accuracy and compliance
- Participate in custody operations meetings across locations to enhance subject matter expertise
- Resolve queries within set standards and timeframes
- Support audit processes by delivering documentation and ensuring regulatory compliance
- Prepare monthly and quarterly KPIs
- Escalate operational issues appropriately and ensure clear communication
- Update operational procedures in line with process changes
- Collaborate with the local depository to ensure seamless operations
Experience & skills
- Experience in investment operations (custody operations preferred) with fair knowledge of the Saudi market
- Excellent communication skills in Arabic and English
- Proactive approach and ownership of issue resolution
- Ability to multitask and apply strong analytical and organizational skills
- Good understanding of risk management and financial regulations
- Ability to operate effectively within a team
