CAREERS

Investment Restrictions Control – Business Change

📁
Risk Management/Compliance
📅
77610 Requisition #

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 18,500 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.

 

The role of Investment Restrictions Control – Business Change SME:
1. Plan, organise and control assigned activities within a major Business Model Transformation Programme, to implement the specified end-to-end solution for Investment Restrictions Control; to this end,
2. Support configuration and test of investment restrictions controls for UCITS and non-UCITS investment funds.

 

The key responsibilities of the role include:

a) Assess business requirements in line with regulatory and fund investment restrictions
b) support a change management process where priority of changes is driven by business goals.
c) Support the implementation of a new Investment Restrictions Control Platform through definition, specification, configuration and test of the platform and the controls therein
d) Build respect of stakeholders and implementation teams across in the fields of enterprise architecture, and risk and compliance
e) Development and understanding of the end-to-end data flows and dependencies around this

Knowledge & Skills
a) Extensive knowledge and understanding of investment restrictions regulatory frameworks, complex fund structures and front-to-back fund servicing processes;
b) Understanding of fund risk metrics, VAR, counterparty and global exposure across all instrument including complex derivatives;
c) Hands-on experience in implementation of tool support and business change for Investment Restrictions Controls, through to planning, execution, Target Operating Model definition and transition to BAU;
d) Demonstrable experience in visualising, directing and effectively communicating complex tasks across stakeholder teams;
e) Knowledge of agile methodology and the role of the Product Owner as contributor to this would be advantageous.


Qualifications

The successful candidate will benefit from having:
a) Strong relevant experience in investment restrictions compliance, investment management duties; experience in major change programmes impacting process and system through entire lifecycle (requirements, through to execution, through close-out)
b) Experience in implementing a market leading or bespoke Investment Restrictions platform
c) Experience in effective written and verbal communication in all levels
d) Operation in a complex organizational environment with competing priorities and interests
e) University Degree or equivalent professional certification in Financial Services discipline(s).
f) Fluent in English. French and/or German a plus.

 

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.


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 that is committed to strengthening the communities we serve!    

           
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.


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 ethical companies. Build your career with us and apply today.
  


As Northern Trust is a financial organisation; all new employees will be required to undergo a criminal record check.


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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC EEO Statement
    • APAC EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

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    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement