Manager, Client Service Manager – Asset Servicing (Custody)
Job Description Summary
The Asset Servicing Custody group has an immediate opening for a Client Service Manager. Reporting to the ASC Division Manager, this role is responsible for the overall management of a service team(s) and ensuring excellent service delivery for client appointed Investment Manager (IM) and/or separately managed asset owner relationships serviced in North America.
This role is responsible for the ongoing development of those relationships, delivery of daily service, managing business unit operational risk, interfacing with internal partner areas to address issues, and spearheading process improvements with business unit support.
Major Duties
Management of Service Team
- Oversee and manage day to day activities of the service team, workload and tracking of performance against objectives
- Deliver exceptional client service experience
- Coach and support team members
- Develop and strengthen team through the recruitment process
Investment Manager / Client Relationships
- Responsible for managing, maintaining and enhancing Investment Manager and/or client relationships
- Cultivate and maintain key contact relationships with Investment Managers and/or clients through the following:
- assisting in the resolution of complex issues
- acting as a high level point of escalation
- communicating and upholding servicing standards to direct reports
- Identify and document servicing, efficiency and product gaps for Investment Managers/clients; work with IM Relationship Managers to ensure solutions are being developed, supported, and communicated internally
Internal Knowledge and Communication
- Subject manager expert for complex escalations and team queries
- Support partner areas by acting as high level escalation point for challenging, high risk requests
- Consistently displays a balanced cross-functional perspective by meeting with Northern Trust business and operations senior management to address/resolve operational inefficiencies and product gaps
Self-management
- Plan, prioritize and document tasks on a daily basis
- Provide routine updates to one’s manager on the completion of daily, weekly and monthly deadlines
Risk management
- Share risk management responsibilities with Service Team through strict adherence to the control policies
Knowledge and Skills
- Proven leadership skills
- Highly flexible and adaptable to change
- Exceptional analytical and problem-solving skills
- Uses significant judgment and makes independent decisions
- Champions operational excellence and had the ability to resource solutions
- Excellent oral, written communication and presentation , as well as, active listening skills
- Demonstrates creativity in evaluating alternatives and the recommendations of solutions
- Develops and manages talent
- Mentor, coach, and develop the careers of team members
- Strong knowledge of Custody, Settlements, Corporate Actions, Pricing, and Administration
Experience:
Minimum of 4 - 6 years of Custody Operations or similar experience in client servicing and/or financial service operations, including managerial responsibilities in a fast- paced, investment manager/client-focused, deadline-oriented environment.