At a Glance
- Tasks: Manage FX business operations and support trading teams in a dynamic environment.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Flexible work culture, career growth opportunities, and commitment to community service.
- Other info: Collaborative atmosphere with accessible leaders and a focus on innovation.
- Why this job: Be part of a new team making a real impact in global foreign exchange.
- Qualifications: Experience in financial services, strong communication skills, and a passion for problem-solving.
The predicted salary is between 60000 - 80000 £ per year.
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 global coverage for our clients, and trades in 70+ countries through our comprehensive FX capabilities. We are looking to hire a Specialist in the Global Foreign Exchange (GFX) Business Enablement group, to join a new and growing team. The GFX Business Enablement group is responsible for the business administration and oversight of the risk & control environment for GFX. In this role, you will be reporting into the GFX Head of Business Enablement, supporting the Foreign Exchange trading desk. We are seeing an experienced yet ambitious candidate with a passion for delivery, excellent written and oral communication skills, diligently organized, and ready to ‘roll up their sleeves’. The individual should be ambitious and not afraid of a challenge.
The key responsibilities of this role include:
- Co-ordinate and manage documentation around business interaction with internal audit, risk & control teams, bringing in relevant SMEs where required and ensuring deliverables are consistently met.
- Work within the NT issue management standards following any issues until resolution.
- Work with Sales & Trading partners to provide business support, allowing those teams to prioritize client facing and risk management responsibilities.
- Document existing processes: draft policies, procedures, process flows, and other key documentation required to support the FX business.
- Liaise with key stakeholders across the 3 lines of defense to understand enterprise risk program standards and demonstrate how the business is addressing those risks.
- Partner with subject matter experts to write-up any incidents or near misses, or loss events.
- Assess existing front-office processes and help identify strategic changes identified as improvement opportunities.
- Develop strong knowledge of regulations, policies and procedures relevant to GFX, and take lead in ensuring regulatory and enterprise standards are met.
Skills/Qualifications:
- Proven professional experience within financial services or consulting firm and possesses a deep knowledge in Foreign Exchange trading.
- Understanding and/or experience of a robust Risk & Control framework, including operating within a 3 lines of defense model.
- Proven capability in high-quality execution, including both independent delivery, as well as supporting cross-functional stakeholders to drive change.
- Has deep knowledge of key business processes, products and services within the GFX.
- Excellent oral and written skills with the ability to present complex information that can be understood by non-subject matter experts.
- Excellent analytical and problem solving skills.
- Good stakeholder management skills, with a proven ability to work with team members of all levels across regions and time zones.
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.
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.
Senior FX Business Manager employer: Northern Trust Corp
Contact Detail:
Northern Trust Corp Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior FX Business Manager
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Northern Trust on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research Northern Trust’s recent projects and their approach to FX trading. This shows you're genuinely interested and ready to contribute from day one.
✨Tip Number 3
Show off your problem-solving skills during interviews. Think of examples where you've tackled challenges in financial services or risk management. We want to see how you think on your feet!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Northern Trust.
We think you need these skills to ace Senior FX Business Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior FX Business Manager role. Highlight your relevant experience in financial services and Foreign Exchange trading, and don’t forget to showcase your communication skills!
Showcase Your Skills: We want to see your analytical and problem-solving skills shine through. Use specific examples from your past experiences that demonstrate how you've successfully navigated challenges in a similar environment.
Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon where possible and ensure that even non-experts can understand your key points. This will reflect your ability to communicate complex information effectively.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Northern Trust Corp
✨Know Your FX Stuff
Make sure you brush up on your knowledge of Foreign Exchange trading and the current market trends. Being able to discuss recent developments or challenges in the FX space will show that you're not just familiar with the basics, but that you're genuinely engaged with the industry.
✨Master the Risk & Control Framework
Since this role involves working within a robust Risk & Control framework, it’s crucial to understand how the 3 lines of defense model operates. Be prepared to discuss how you've navigated risk management in previous roles and how you can apply that experience to Northern Trust.
✨Showcase Your Communication Skills
Excellent oral and written communication skills are key for this position. Practice explaining complex financial concepts in simple terms, as you may need to present information to non-experts. Consider preparing a few examples of how you've successfully communicated with stakeholders in the past.
✨Demonstrate Your Problem-Solving Ability
Be ready to share specific instances where you've identified issues and implemented solutions, especially in high-pressure environments. Highlight your analytical skills and how they’ve helped you drive change or improve processes in your previous roles.