Manager, Transfer Agency (UK New Business and Fund Activity)

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

The Role

Reporting to the Head of UKTA New Business & Change, the Manager leads the UKTA New Business & Fund Activity Team and is accountable for the governance, control and delivery of its portfolio. The team manages new-client onboarding, client and fund offboarding, and fund lifecycle activity such as launches, closures and mergers. Working across operational teams, clients, technology functions, vendors and other business partners, you will ensure that priorities are clear, resources are appropriately allocated, risks are actively managed and activity is delivered to the required quality and timeline. This is a full-time, permanent position, Monday to Friday. The work is varied and fast-paced and can require activity outside core hours, including some weekend work. Approved weekend work will earn Time Off in Lieu.

Key Responsibilities

• Lead, motivate and develop the UKTA New Business & Fund Activity Team, setting clear priorities, objectives and standards.
• Allocate new business, fund activity, transition and change assignments according to complexity, risk, capacity and capability.
• Maintain oversight of delivery plans, milestones, dependencies, testing, approvals and operational readiness.
• Ensure skilled and appropriately authorised Partners are assigned to lead and independently review activity.
• Maintain an effective control environment covering ownership, segregation of duties, quality review, evidence retention, issue management and escalation.
• Provide governance and constructive challenge over client and fund setup across relevant transfer-agency systems.
• Ensure procedures, checklists, runbooks, operating models and lessons learned remain current, accessible and embedded.
• Oversee requirements, solution design, testing, defect management, implementation and post-implementation review.
• Provide clear management reporting on portfolio status, capacity, risks, issues, dependencies and outcomes.
• Own workforce planning, including recruitment, onboarding, succession planning, cross-training and contractor support.
• Set individual objectives and hold regular performance, development and coaching discussions.
• Build an inclusive, collaborative and high-performing team culture.
• Maintain effective relationships with clients and colleagues across Fund Accounting, Technology, Custody, Depositary, IOO, Product, Risk and Compliance.
• Oversee dependencies and risks associated with external providers and vendors.
• Sponsor improvements that strengthen controls, enhance client outcomes, increase efficiency and reduce operational risk.
• Act as the senior escalation point and decision-maker for complex or high-risk activity.

Skills and Experience

• Strong knowledge of Northern Trust, UK transfer agency, the relevant regulatory environment and UKTA products and services.
• Proven people-management experience, including objective setting, coaching, development, recruitment, performance management and workforce planning.
• Experience leading teams responsible for complex new business, fund activity, operational change, transitions or comparable delivery portfolios.
• The ability to govern multiple concurrent assignments through structured planning, reporting, risk management and timely escalation.
• Strong client and stakeholder-management experience within financial services.
• Experience overseeing requirements, process design, testing, implementation readiness and post-implementation review.
• A strong understanding of operational risk, controls, incident management, regulatory obligations and audit-ready evidence.
• Experience coordinating distributed teams and delivery across multiple functions, locations and external providers.
• Strong analytical, prioritization, communication, presentation and negotiation skills.
• Evidence of delivering sustainable process improvements and embedding lessons learned.

Work Authorization

Applicants must have the right to work in the United Kingdom at the time of application and for the duration of employment. Please note that Northern Trust is unable to provide visa sponsorship for this role. This includes Skilled Worker visas, Global Business Mobility routes, Graduate visas, Youth Mobility Scheme, High Potential Individual visas, Scale-up Worker visas, Temporary Worker visas, and other employer-sponsored visa categories.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S)

EEO Know Your Rights (U.S)

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