Consultant-Depositary Compliance

at  Northern Trust Corp

About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
The Consultant-Depositary Compliance role in an individual contributor role that will be responsible for providing oversight, technical and monitoring support to the team and to Senior Level contacts at clients.
The preferred candidate will have an agreed responsibility for the seamless delivery of Trustee and Depositary due diligence, technical and oversight services for NT.

Additional responsibilities include:

• Keep abreast of UK, EU and International regulatory developments impacting the Depositary business
• Provide analysis of regulatory developments impacting the Depositary business and its clients and disseminate to the business
• Review of fund documentation
• Keeping all operational procedures in line with expected risk requirements
• Providing support to ensure that any information relating to the client is disseminated internally and identify and act upon and opportunities to improve efficiency or work more closely on new business with the client
• Ensuring all Fiduciary and Depositary requirements are met and escalate any issues to the local Head of Depositary Services and Senior Manager Depositary Compliance where appropriate
• Providing local support for all on-boarding initiatives
• Carrying out complex activities with significant financial, client, and/or internal business impact

The preferred candidate should have a fair amount of the following qualities:

• Knowledge of Depositary duties and responsibilities
• Knowledge of the laws and regulations applicable to the fund and depositary banking industry
• Good understanding of the local and broader EMEA fund vehicles and structures
• Familiar with types of portfolio investment strategies
• Effective communication and relationship management skills
• Good command of MS Office tools
• A College or University degree and/or relevant proven work experience
• Prior experience in a similar function in a custodian bank, in the securities industry or at an investment management firm that offers the full fund administration suite of services
• Previous relevant risk management, legal and compliance experience

Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
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 sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at
MyHRHelp@ntrs.com
.
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater

• Keep abreast of UK, EU and International regulatory developments impacting the Depositary business
• Provide analysis of regulatory developments impacting the Depositary business and its clients and disseminate to the business
• Review of fund documentation
• Keeping all operational procedures in line with expected risk requirements
• Providing support to ensure that any information relating to the client is disseminated internally and identify and act upon and opportunities to improve efficiency or work more closely on new business with the client
• Ensuring all Fiduciary and Depositary requirements are met and escalate any issues to the local Head of Depositary Services and Senior Manager Depositary Compliance where appropriate
• Providing local support for all on-boarding initiatives
• Carrying out complex activities with significant financial, client, and/or internal business impac