Client Assets Safety Consultant

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role Summary

Client Assets Safety Office is responsible for the oversight of client assets safety across all of Northern Trust’s (“NT”) in scope business, products / services and future business / operational strategy. This role sits within EMEA Asset Servicing COO Office, and support the Senior Managers responsible for the operational oversight of NT Client Assets Safety Governance Framework covering the NT regulated entities in EMEA, including:

• The Northern Trust Company, London Branch (“TNTC LB”)
• The Northern Trust Company, Irish Branch (“TNTC IB”)
• The Northern Trust Global Services SE, UK Branch (“NTGS UK”)
• Northern Trust Investor Service Limited (“NTISL”)

This is a demanding role that will suit a self-motivated individual who has the ability to manage multiple priorities, for example internal and external stakeholder management, management of Client Assets Safety issues / changes, supporting Client Assets governance and management information, and continuing strengthening and evolution of the Client Assets Safety governance and operations framework.

The key responsibilities:

Support in the delivery of required regulatory changes projects or business initiatives in relation to Client Assets Safety.

• Support in the implementation of necessary changes to Client Assets Safety policies, procedures, process and systems.
• Provide Subject Matter advice and guidance on Client Assets related queries and issues to the business
• Provide technical advice and guidance on the application of the Client Assets Rules to multiple internal stakeholders (including but not limited to Business Unit partners and internal governance forums)
• Support of Client Assets Safety governance meeting structure including the Client Assets Working Group and other relevant governance groups. Support of operational business units in assessment and where necessary implementation of processes and controls to enable adherence with Client Assets regulatory requirements.
• Provide Management Information to the internal stakeholders. 
• Undertaking and/or provide oversight over various Client Assets Safety related QA activities.
• Ongoing maintenance and update of internal Client Assets Safety governance documentation, including the Client Assets Accountability Matrix, Risk and Control Matrix, and the CASS Resolution Pack, etc.
• Other duties as assigned.

The successful candidate will benefit from having:

• Experience of operating in a compliance, Audit and / or operational oversight role in providing oversight of compliance, and overall business control environment.
• The ability to conduct walkthroughs to understand, document, and challenge the business processes and controls.
• Previous experience of process improvement with a view to developing/enhancing control will be an advantage;
• Excellent communication (verbal and written) and interpersonal skill;
• Ability to use initiative and work unsupervised in a proactive manner, and good time management;
• Conflict resolution skills with a collaborative and consensual approach to work, a good team player;
• Ability to influence senior staff outside of your direct team, across a number of countries;
• Outstanding analytical skills, both quantitative and qualitative
• Self-motivated, enthusiastic, responsible, with excellent attention to detail, and brilliant in execution.
• Advanced Microsoft Office skills including Word, Excel, and PowerPoint.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Manila Office

The Northern Trust Manila office celebrated a decade of excellence in 2024. Through agility, resiliency, innovation, and excellence, they have evolved into a dynamic hub with diverse capabilities and a thriving workforce of over 1,200 - driving meaningful impact and sustainable growth. Learn more.