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.

Major Duties:

1. Manages multiple operations teams in the Alternative Investments department; Key functional responsibilities include overseeing trade execution, wires and accounting entries, reconciliation, partner services, project management, and financial management

2. Responsible for the development and enforcement of controls within the operations of the unit, ensuring that the control and risk environment in the area is at the highest possible level

3. Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise. Carries out complex initiatives involving multiple disciplines and/or ambiguous issues

4. Focus of role is on execution of strategic direction of business function activities

5. Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity

6. Makes staffing decisions, manages expenses and salary review process for the division

7. Participates in developing strategic plan and sets goals and priorities based on the direction set for the unit; follows through to ensure that objectives are met

8. Seasoned leader with extensive business experience, and broad functional expertise, with focus on proactive strategic leadership

9. Responsible for managing multiple units or functions through the direct management of a group of managers

Knowledge:

Excellent oral and written communication skills are required. In depth knowledge and experience in the management of a custody operation. Knowledge of laws and regulations regarding the function is required to ensure compliance with policies. Knowledge of business strategy development is necessary to provide long term planning and to manage the profitability/performance of a major business segment. Leadership and organizational skills are required to direct the activities for the multiple units and highly flexible and adaptable to change.

Experience:

Required A College or University degree and/or relevant proven work experience is required.
People manager experience of 6+ years and overall industry experience of 10+ years.
Preferred experience in the management of a Hedge Funds, Fund Administration, Fund Accounting, or related discipline.

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Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.