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.
Role/ Department:
Northern Trust provides their clients with comprehensive Investment Operations Outsourcing middle office solutions covering the full universe of: trade services, asset services, client reporting, performance measurement, derivatives operations and collateral management.
This is a great opportunity for the successful candidate to join the Investment Management Support (IMS) team and play a key role in the day to day management and success of an expanding Investment Operations outsourcing platform implemented by Northern Trust.
The Investment Management Support (IMS) team provide a full and in depth transition service to Investment Managers. These include Institutional Clients investing in Pooled Funds; LDI and Segregated mandates. Typical products include OEIC’s; Sicav’s; QIF’s; Onshore/Offshore Unitised pooled vehicles; Swaps; Repo’s; Futures; Equities; and Bonds.
We are currently recruiting a Transitions Manager to ensure accurate project management and timely completion of all client events (new business/clients; lost business/clients; fund launches/closures/restructures; custodian changes; new market set-up’s; unit trust a/c set-up’s, static data changes).
The key responsibilities of the role include:
Coordinate Transition activities, including in-specie transfers; custody changes; new and lost business; fund launches/closures/restructures; unit trust a/c set-up’s; market account openings; standing instructions updates and static data changes.Ensures that Transitions events are completed accurately and in a timely manner.Acts as key contact for various internal and external partners, including business unit partners, internal auditors, external stakeholders.Demonstrate operational expertise (in particular, knowledge of investment management industry, back and middle office workflows and supporting service providers) and proven track record with implementing complex operating models.Excellent project management and leadership skills.Maintain effective working relationships with external vendors and counterparties to resolve issues efficiently, including Custodians.Operates independently; has in-depth knowledge of the business unit / function.Participate in internal or client driven change projects and oversee process improvement initiatives through to implementation.Carries out activities that are large in scope, cross-functional and technically challengingOwn and coordinating any ad-hoc IMS projects/initiatives.Chair regular meetings for internal and external stakeholders.Ensure milestones, SLA’s and KPI’s are achieved.Proactively drives continuous improvement within the IMS group. Identifies potential process improvements and communicates recommendations as well as implementation plans to management.
Skills/Qualifications:
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.