Full-Time

Transition Coordinator – Senior Consultant

Posted on 1/15/2025

Northern Trust

Northern Trust

10,001+ employees

No salary listed

Senior

London, UK

Category
Asset Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 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 deadline/milestones
  • Extensive communication skills, dealings 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
Responsibilities
  • Coordinate Transition activities, including in-specie transfers; custody changes; new and lost business; fund launches/closures/restructures; unit trust a/c set-up’s; market account openings; standing instructions updates and static data changes
  • Ensures that Transitions events are completed accurately and in a timely manner
  • Acts 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
  • Operates independently; has in-depth knowledge of the business unit / function
  • Participate in internal or client driven change projects and oversee process improvement initiatives through to implementation
  • Carries out activities that are large in scope, cross-functional and technically challenging
  • Own and coordinating any ad-hoc IMS projects/initiatives
  • Chair regular meetings for internal and external stakeholders
  • Ensure milestones, SLA’s and KPI’s are achieved
  • Proactively drives continuous improvement within the IMS group. Identifies potential process improvements and communicates recommendations as well as implementation plans to management
Desired Qualifications
  • Strong knowledge of market instruments: Bonds; Equities; FFX; Pooled Funds/Unit Trusts; Derivatives

Company Size

10,001+

Company Stage

IPO

Headquarters

Menlo Park, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for ESG solutions boosts Northern Trust's asset servicing business.
  • Rise of digital assets presents expansion opportunities for Northern Trust's custody services.
  • Outsourcing trend in finance increases demand for Northern Trust's third-party services.

What critics are saying

  • Competition in asset servicing may pressure Northern Trust's market share.
  • Rapid digital banking adoption by competitors could outpace Northern Trust's advancements.
  • Geopolitical tensions may disrupt Northern Trust's operations in Asia.

What makes Northern Trust unique

  • Northern Trust collaborates with TCS to enhance its securities services offering.
  • Northern Trust secures asset servicing mandates from Generation Life and Brickwood Asset Management.
  • Northern Trust partners with Foundation Source for modern private foundation management services.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Hybrid Work Options

Flexible Work Hours

Mental Health Support

Wellness Program

Company News

ChannelDrive
Mar 8th, 2025
Northern Trust Picks TCS to Transform its Securities Services Offering

Tata consultancy services (TCS), a global enabler in IT services, consulting, and business solutions, has signed an expanded deal with Northern Trust, a global financial institution, to centralize and standardize its custody operations across 99 direct and global markets.

Funds Global Asia
Mar 4th, 2025
Northern Trust secures asset servicing mandate from Generation Life

Under the new mandate, Northern Trust will deliver global custody and valuation reporting services for AU$1.5 billion in Generation Life's portfolio assets, which include domestic and international equities, bonds, foreign exchanges, etc.

Defense World
Mar 4th, 2025
StockNews.com Begins Coverage on International Tower Hill Mines (NYSE:THM)

Northern Trust Corp purchased a new stake in shares of International Tower Hill Mines in the fourth quarter worth about $46,000.

Florida Trend
Mar 4th, 2025
Florida Trend Magazine

Lynch succeeds Paul Williams, who retired after 41 years with Northern Trust.

Asset Servicing Times
Mar 3rd, 2025
Brickwood Asset Management selects Northern Trust for asset servicing solutions

Northern Trust has been selected by UK asset management boutique Brickwood Asset Management to provide asset servicing solutions.

INACTIVE