Depository Officer (Alternatives)
Knowledge/Skills:
• Solid understanding of the Depositary processes in relation to the alternative funds business
• Sound understanding of change and the ability to transition and on-board client relationships
• Proven knowledge of financial services regulations specifically in Luxembourg, EU and the US
• Effective verbal, presentation and written communications skills;
• The ability to adapt to and fit in with the Northern Trust culture;
• A ‘can do’ attitude – including a willingness to tackle a broad range of work and to work enthusiastically within a team
• The ability to work under pressure and to represent Northern Trust professionally and positively, both internally and externally
• Personal confidence and flexibility to work in a “start up business unit” and the flexibility to undertake the variety of tasks required to build out the proposition and win and support client mandates
• Good training skills and the ability to mentor and educate new members of the team
• Strong Microsoft Office capabilities
• Fluent in English language, other EU languages would be an advantage
Experience:
• At least 5 years in an alternative asset manager or with a service provider of alternative investment funds (Real Estate/Private Equity/Loans)
• Proven experience of alternative investment funds
• Proven client service experience
• Proven team leadership or team player
Qualifications:
• University degree or equivalent in accounting, economics or finance
• Strong understanding of Alternative Investment Funds, specifically those investing in Real Estate, Private Equity or Loans
Core Competencies:
• Client Focussed
• Excellence in Execution
• Effective Communication
• Personal Courage
• NT Savvy
• Innovative
• Diversity, Inclusion & Respect
About Northern Trust
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,100 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.
Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion.
As of June 30, 2018, Northern Trust Corporation had:
$135 billion in banking assets
$8.1 trillion in assets under custody
$10.7 trillion in assets under custody/administration
$1.1 trillion in assets under management
As Northern Trust is a financial organisation; all new employees will be required to undergo a criminal record check.