Team Lead, Global Transitions

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.

Team Leader , Client Transition 

Description

Job Title – Team Leader, Global Transitions 

Under general supervision (but works independently most of the time) has day-to-day management responsibilities for the Global Transitions Teams. The business entails to servicing NA Clients and the major responsibilities are managing the New Business Team, Conversions and the Restructure/Termination teams within GCO. 
Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work. Possesses the leadership and organizational skills required to prioritize assignments and provide feedback to staff.  Conducts performance management and career development processes, and staffing and disciplinary actions. Provides input and support to budget management process.  
 

Major Duties: 
1. Has day-to-day management responsibilities for the NA transition teams, provides guidance to partners to help strengthen controls and mitigate risk. Responsible for a team of up to 8-12 including Senior Analysts, Consultants and/or & Technical Coordinators.

 2. Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work.

3. Acts as the first point of escalation for risk and control related matters for the department.

4. Conducts performance management and career development processes, and staffing and disciplinary actions 

5. Carries out complex activities with significant financial, client, and/or internal business impact; delivers a work product that requires little revision. 

6. May have direct interaction with committees and/or Senior Management.

7. Able to serve as a key subject matter expert and mentor team members.

8. Manage daily operational activities and supervise day-to-day work.

9. Conducts performance management and career development processes, and staffing and disciplinary actions 

10. Provides input and support to budget management process.

11. Flexible for stretch assignments.
 

 Knowledge/Skills:

• Demonstrate through examples /evidence of strong operations knowledge including secondary review & controls, risks & mitigation. 
• Demonstrate through examples /evidence day to day team management, mentor/coach team members and sharing feedback.
• Demonstrate through examples /evidence analytical ability, problem solving, and escalation of issue. 
• Advanced proficiency of MS Office specifically Excel and PowerPoint.
• Demonstrate through examples /evidence excellent written and verbal language skills, ability to independently address technical & non-technical issues, knowledge share / training sessions conducted , proactively troubleshoot and manage escalations, and work with global teams 
   
• Excellent oral and written communication skills are required to consult with partners and clients as well as regulators and auditors.
• Candidates with knowledge on Global Markets, Trade & Settlement , Custody Services, Securities Operations, Corporate Actions and exposure to Fundmaster, GCM,WCM MTS video Lan applications will have an added advantage. Experience in interpreting Operational elements of Risk and Compliance policies and overseeing adherence to the same is required.

Qualifications & Experience:

• B.Com/MBA (Finance) with 7+ years of total experience & 3-4 years in related industry (finance, capital markets, investment management /asset servicing industry). 
• 1 year in the current role/group as Team leader.
• Should have been a top performer in previous company in the recent year(s)
• Experience in middle or back office investment operations; coupled with a background in Global Markets /Securities Operation activities such as Reconciliations, FX, Trade & settlements , risk management, compliance monitoring is preferred 
• An in-depth background/exposure to managing team (including conflict resolution, problem solving) is essential. 

For internal movements within NOS.
•    24 Months as a Technical Coordinator to move as a Team Leader or Movement within TL Level will be 12 months.

#LI-HY

#LI-GP1

Salary Range:

$60,700 - 100,100 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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 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.