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- Tasks: Lead a team to develop and execute innovative custody products.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Enjoy a flexible work culture, career growth opportunities, and a commitment to community service.
- Why this job: Shape the future of custody services while working in a collaborative and inclusive environment.
- Qualifications: Extensive experience in custody services and proven leadership skills required.
- Other info: Northern Trust values diversity and offers reasonable accommodations for individuals with disabilities.
The predicted salary is between 43200 - 72000 £ per year.
Head of Custody Product, Asset Servicing
Head of Custody Product, Asset Servicing
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.
The Head of Custody Product, Asset Servicing role at Northern Trust will be responsible for leading and motivating a team of product managers who oversee the strategy, development, and oversees execution of custody-related products and services.
This role will ensure the team delivers on the product roadmap, drives innovation, and enhances profitability while aligning with client needs and market trends.
Additionally, the role involves supporting business development efforts, fostering relationships with key stakeholders, and effectively communicating the custody product strategy across the organization.
This role presents an opportunity to shape the future of Northern Trust\’s custody business, ensuring the firm remains a leader in the industry while delivering exceptional value to clients.
Main areas of focus :
- Leadership & Team Management
- Product Strategy & Execution
- Stakeholder Engagement & Communication
- Business Development & Client Engagement
Additional key responsibilities include :
Leadership & Team Management
- Lead, mentor, and develop a team of custody product managers, fostering a high-performance and collaborative culture.
- Define team priorities and provide strategic direction to ensure alignment with business objectives.
- Encourage innovation and continuous improvement in product development and service delivery.
Product Strategy & Execution
- Oversee the development, execution, and enhancement of custody products to meet evolving client and market demands.
- Define and manage the custody product roadmap, ensuring alignment with Northern Trust\’s broader strategic goals.
- Analyze product profitability and market positioning to optimize revenue generation and cost efficiency.
- Stay informed on regulatory changes, industry developments, and competitive trends to ensure products remain compliant and competitive.
Business Development & Client Engagement
- Collaborate with sales and relationship management teams to support business development efforts and client acquisition.
- Participate in client discussions to understand needs and ensure products align with market demand.
- Represent Northern Trust\’s custody products at industry events, conferences, and client meetings.
Stakeholder Engagement & Communication
- Build strong relationships across internal teams, including operations, technology, risk, compliance, and sales.
- Effectively communicate the custody product strategy, roadmap, and key initiatives to senior leadership and other stakeholders.
- Serve as a key advocate for custody products within the organization, ensuring alignment with broader business objectives.
Qualifications & Experience needed :
- Extensive experience in custody services, securities processing, or a related area within financial services.
- Proven track record of leading product management teams and driving product strategy.
- Strong understanding of custody product economics, pricing strategies, and profitability metrics.
- Demonstrated ability to engage with clients, senior stakeholders, and industry groups.
- Excellent leadership, communication, and problem-solving skills.
- Familiarity with evolving regulatory landscapes and market trends impacting custody services.
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 .
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.
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the worl…
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Head of Custody Product, Asset Servicing | London, UK employer: Northern Trust
Contact Detail:
Northern Trust Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Custody Product, Asset Servicing | London, UK
✨Tip Number 1
Network with professionals in the custody services and asset servicing sectors. Attend industry events, webinars, and conferences to meet potential colleagues and learn about the latest trends. Building relationships can often lead to job opportunities that aren't advertised.
✨Tip Number 2
Stay updated on regulatory changes and market trends affecting custody services. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your ability to adapt to evolving challenges.
✨Tip Number 3
Prepare to discuss your leadership style and experiences in managing product teams. Highlight specific examples where you've driven product strategy or innovation, as this role heavily focuses on team management and product execution.
✨Tip Number 4
Familiarise yourself with Northern Trust's values and mission. Understanding their commitment to service, expertise, and integrity will allow you to align your responses during discussions and show how you can contribute to their goals.
We think you need these skills to ace Head of Custody Product, Asset Servicing | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in custody services and product management. Use specific examples that demonstrate your leadership skills and ability to drive product strategy.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your background aligns with Northern Trust's values and the specific responsibilities of the Head of Custody Product position.
Highlight Key Achievements: When detailing your experience, focus on quantifiable achievements related to product development and team management. This could include successful product launches or improvements in profitability metrics.
Showcase Stakeholder Engagement Skills: Emphasise your experience in building relationships with clients and internal teams. Provide examples of how you've effectively communicated product strategies and engaged with senior stakeholders.
How to prepare for a job interview at Northern Trust
✨Showcase Your Leadership Skills
As the Head of Custody Product, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've successfully managed teams in the past. Highlight any experiences where you fostered a collaborative culture or drove innovation.
✨Understand the Product Landscape
Familiarise yourself with custody services and the current market trends. Be ready to discuss how you would approach product strategy and execution, and demonstrate your knowledge of profitability metrics and pricing strategies relevant to custody products.
✨Engage with Stakeholders
This role requires strong stakeholder engagement. Prepare to talk about your experience in building relationships across various teams and how you effectively communicate product strategies. Think of specific instances where you successfully aligned product goals with broader business objectives.
✨Demonstrate Client Engagement Experience
Client engagement is key in this role. Be ready to share examples of how you've interacted with clients to understand their needs and how you've ensured that products align with market demand. Discuss any experiences where you represented your company at industry events or client meetings.
