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For Companies At a Glance
- Tasks: Manage client relationships and support depositary activities for business growth.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Enjoy a flexible work environment, internal mobility, and community engagement opportunities.
- Why this job: Be part of a collaborative culture that values inclusivity and personal growth.
- Qualifications: Relevant degree or experience in custodian banking, securities, or investment management required.
- Other info: Accommodations available for individuals with disabilities during the employment process.
The predicted salary is between 43200 - 72000 £ 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 provides innovative financial services and guidance to successful individuals, families, and institutions, emphasizing principles of service, expertise, and integrity. With over 130 years of experience and more than 22,000 partners, we serve sophisticated clients using leading technology and exceptional service.
Responsibilities include:
- Managing depositary relationships for assigned clients, supporting depositary activities, and contributing to business growth and strategic initiatives.
- Ensuring depositary control environment aligns with standards and industry best practices.
- Delivering UK Depositary Services functions in accordance with best practices.
- Maintaining compliance with depositary obligations through established procedures and controls.
- Supporting clients with regulatory changes and managing client-led change activities, ensuring high-quality output and service levels.
- Developing and maintaining client relationships to achieve satisfaction and enhance Northern Trust’s market position in UK Depositary Services.
- Participating in due diligence and on-site inspections of third parties independently.
- Collaborating with a client-facing team and liaising with European Depositary Operations.
- Monitoring regulatory environment impacts on the business.
- Operating independently with in-depth depositary business knowledge.
- Balancing operational execution with strategic relationship management.
- Interacting with management and committees as required.
Candidate qualities:
- Understanding of UK Funds operating models, fund administration, and key regulations.
- Knowledge of portfolio investment strategies and asset classes.
- Strong communication and relationship management skills.
- Team-oriented with alignment to NT values and culture.
- Relevant degree or proven work experience, preferably in custodian banking, securities, or investment management.
- Experience in risk management, legal, or compliance fields is advantageous.
Working with Us:
Join Northern Trust to enjoy a flexible, collaborative work environment supported by financial stability. We promote internal mobility, accessible leadership, and community engagement. We value inclusivity and flexibility—reach out to discuss your needs and grow with us.
Reasonable accommodation: Northern Trust provides accommodations for individuals with disabilities. Contact our HR Service Center for assistance during the employment process. We look forward to your application and the opportunity to work together for greater success.
Relationship Manager, Depositary Services employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Relationship Manager, Depositary Services
✨Tip Number 1
Familiarise yourself with the UK Funds operating models and key regulations. Understanding these will not only help you in interviews but also demonstrate your commitment to the role and the industry.
✨Tip Number 2
Network with professionals in the financial services sector, particularly those involved in depositary services. Attend industry events or join relevant online forums to build connections that could lead to referrals.
✨Tip Number 3
Prepare to discuss your experience in managing client relationships and how you've contributed to business growth in previous roles. Be ready with specific examples that highlight your skills in communication and relationship management.
✨Tip Number 4
Stay updated on current regulatory changes affecting the depositary services landscape. Being knowledgeable about recent developments will show your proactive approach and readiness to support clients effectively.
We think you need these skills to ace Relationship Manager, Depositary Services
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Relationship Manager position at Northern Trust. Tailor your application to highlight relevant experience in managing depositary relationships and compliance.
Craft a Strong CV: Your CV should clearly outline your experience in customer service, fund administration, and any relevant qualifications. Emphasise your communication skills and ability to manage client relationships effectively.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific examples of how your background aligns with Northern Trust's values and the job requirements, particularly in depositary services and regulatory compliance.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the financial services industry.
How to prepare for a job interview at TN United Kingdom
✨Understand the Role
Make sure you have a solid grasp of what a Relationship Manager in Depositary Services does. Familiarise yourself with the responsibilities listed in the job description, such as managing client relationships and ensuring compliance with depositary obligations.
✨Showcase Your Communication Skills
Since strong communication is key for this role, prepare examples that demonstrate your ability to effectively communicate with clients and colleagues. Think about times when you successfully managed a relationship or resolved a conflict.
✨Research Northern Trust
Get to know Northern Trust's values, culture, and recent developments in the financial services industry. This will not only help you answer questions but also show your genuine interest in the company during the interview.
✨Prepare for Regulatory Questions
Given the importance of compliance in this role, be ready to discuss your understanding of UK Funds operating models and relevant regulations. Brush up on any recent changes in the regulatory environment that could impact the business.
