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Manager, Omnium Cash Management, Hedge Fund Services

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Operations/Securities
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75976 Requisition #
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Title: Manager, Omnium Cash Management, Hedge Fund Services 

The Organization: 
A Global Fund Administrator, specializing in administering assets of complex hedge funds.  

Summary of the Position’s Responsibilities

Overview:

The job involves working for a Global fund administrator, specializing in providing Middle Office for complex hedge funds and asset managers. The ideal candidate has direct Treasury/Cash Management experience within the asset management space through Consulting or Investment Operations (middle/back office) including with cash settlements, forecasting, collateral and funding requirements across bank, custodian and Prime Broker relationships. The successful candidate is an innovative, proven leader who takes ownership of responsibilities, drives change and achieves objectives.  Team focus and the ability to both lead and manage senior functions independently in a fast-paced, dynamic and demanding environment is essential. This person is proactive in solving challenges and demonstrates exemplary follow-through. He/she adds value by overseeing and working on a number of simultaneous tasks/projects with minimal supervision while paying special attention to detail. The ideal candidate is an effective communicator and works well with partner areas.

Responsibilities:
  • Lead key client engagements as Cash SME to support all aspects of successfully onboarding new client business.
  • Effectively manage and develop the team to provide exemplary service and support to our business and clients.
  • Assist in the sales and onboarding process acting as a Treasury product expert and leading client projects and implementations.
  • Oversee the daily operational process across Treasury functions for clients including the processing of general, trade or investor payment activity while ensuring that all control objectives are complete. 
  • Perform and provide cash and liquidity forecasting to complex asset management clients across strategies.
  • Work closely with management on strategic team objectives by managing projects, providing key management reporting and identifying and escalating issues to management as appropriate.
  • Communicate effectively with clients, team members,  internal groups and external counterparties
  • Provide feedback into cash management system based upon market place needs, client feedback and workflow improvement.
  • Expand Treasury Management capabilities to provide additional solutions and assist clients in making financing decisions and managing cash across multi-Prime and custodian relationships.
Qualifications: (Desired)    
  • 7 – 10+ years of work experience, preferably in Investment Operations, Cash or Treasury Management
  • Project management experience in  Investment Operations, Cash or Treasury Management
  • Experience in client management and engagement
  • Understanding of basic accounting principles and procedures
  • Familiarity with Hedge Fund structures, products and financial instruments
  • Excellent written and oral communication skills                                                  
Education
  • Bachelor’s degree is required; further certifications such as MBA, CPA or CFA is a plus

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.


As of December 31, 2018, Northern Trust Corporation had:

$10.1 trillion in assets under custody/administration
$7.6 trillion in assets under custody
$1.1 trillion in assets under management
$132 billion in banking assets 

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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
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    • 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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      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.

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      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