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Running Investment Operations with transparency, governance & control
Satish Parthasarathy: Head of Operations, Asset Management

Satish Parthasarathy is a Senior Vice President at the Northern Trust Company & is Head of Operations for Investment Operations for Northern Trust Asset Management, India. In his current role he leads 3 regional practices within Investment Operations - Client, Portfolio & Investment Administration. Prior to this, he held managerial roles across Northern Trust business units like Ireland Financial Reporting, Securities Services - Asset & Pricing Services, Securities Lending & Investment Operations Outsourcing.

 

Describe your role at Northern Trust. Explain in your own words what your position is and the work you do.

I am the Head of Operations for Investment Operations within Northern Trust Asset Management (NTAM) India & I lead a team of 100+ professionals & part of Global Middle Office that consists of 3 practices: Client Administration, Investment Administration & Portfolio Administration. We have a global alignment & engagement & our key objective is to run Invest Operations with transparency, governance & control.

 

Describe your team – who’s part of your team, where are they located, what diversity of perspective do the team members bring to the work of your group?

We are a team of 100+ professionals across levels & all in Bangalore, India. We have a wide range of skills, hands on experiences & different viewpoints which makes our team so strong and effective.

 

Take us through how you ended up at Northern? What brought you here?

Joined Northern Trust from JP Morgan & earlier worked with Lehman Brothers, Hewlett Packard & Ocwen. I felt like I needed a change & this brought me here, even at Northern Trust during these 14 years I have moved across business units like Asset Servicing, Asset Management & functions like IOO, Asset & Pricing Services, Securities Lending, Financial Reporting.

 

What are you most proud of in your career at Northern Trust so far?

A couple stand out, changes that I made by moving across teams, holding multiple leadership roles & talent development positions and running successful business operations.

 

What’s a typical “day-in-the-life” at Northern Trust look like for you?

Working with and engaging with partners primarily within my team & across Northern Trust Bangalore wherever possible. Succeeding in operation management is always about balancing your instincts, judgement and timing.

 

What do you like best about working at Northern Trust?

When I joined I quickly found that access to senior leadership was evident and a strong element to life at Northern Trust.

 

How has Northern Trust supported your career objectives / development?

Mentoring opportunities here played a key role & had some great mentors over the years. Secondly, our extensive internal career path opportunities.

 

What’s unique about Northern Trust’s culture that enables you to create, innovate, make an impact or lead effectively?

The space and autonomy that I have received from my leaders enables me to lead effectively. Probably the two things that differentiate us at least from my point of view is our open door policy is always followed & our philanthropy efforts to society.

 

What has surprised you most about life at Northern Trust so far?

Many leaders have their heart in the right place.

 

How do you create a balance between work and home?

Time Management is my strength and an underrated skill & I have mastered that over the years.

 

What would you say to someone considering a career at Northern Trust? Or general tips for career success?

Northern Trust is the best place I have worked to date.

A general tip for career success would be to network & build authentic relationships over the years.

 

What advice would you give to new partners beginning their career at Northern Trust?

Be effective in what you do, understand why you do & for whom. Know your role and the wider business.

 

Fast Facts

Name: Satish Parthasarathy

Role: Head of Operations

Business Unit: Asset Management

Geographic Location: Bangalore, India

Career Level: Senior Vice President

Education: Bachelors - Commerce

Describe Northern Trust in one word: Jubilant

 

 

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