Transition Coordinator - Senior Consultant

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.

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 provides 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 OEICs; Sicavs; QIFs; Onshore/Offshore Unitised pooled vehicles; Swaps; Repos; 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-ups; unit trust a/c set-ups; 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-ups; market account openings; standing instructions updates and static data changes.
• Ensure that Transitions events are completed accurately and in a timely manner.
• Act 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.
• Maintain effective working relationships with external vendors and counterparties to resolve issues efficiently, including Custodians.
• Participate in internal or client driven change projects and oversee process improvement initiatives through to implementation.
• Carry out activities that are large in scope, cross-functional and technically challenging.
• Own and coordinate any ad-hoc IMS projects/initiatives.
• Chair regular meetings for internal and external stakeholders.
• Ensure milestones, SLAs and KPIs are achieved.
• Proactively drive continuous improvement within the IMS group.
• Identify potential process improvements and communicate recommendations as well as implementation plans to management.

Skills/Qualifications:

• Proven Client Service skills.
• Excellent project management and leadership skills.
• Must be a problem solver.
• The individual should be able to confidently tackle unfamiliar challenges and tasks.
• Proven ability to work on their own initiative to meet deadlines/milestones.
• Strong knowledge of market instruments: Bonds; Equities; FFX; Pooled Funds/Unit Trusts; Derivatives (desirable).
• Extensive communication skills, dealing with all management levels.
• Effective numeric skills and analytical communication (verbal and written).
• Proficient in the use of standard Microsoft tools and ability to learn systems used within the business.
• Ability to meet challenging deadlines whilst working on multiple projects simultaneously.
• Strong client focus gained in a financial services company.

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.

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. Talk to us about your flexible working requirements and together we can achieve greater.

For further information, and to apply, please visit our website via the “Apply” button below.