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.
Role/Department
As a Depositary Officer, you will be the primary point of contact for a portfolio of NT depositary clients, focused on real estate, infrastructure and/or private equity funds. You will be responsible for monitoring funds activities, proactively providing technical and operational knowledge on Luxembourg AIFs, following the necessary policies and procedures to meet all regulatory requirements.
As a core member of the Northern Trust Global Services SE (NTGS SE) Luxembourg Depositary Team you will leverage your experience and knowledge to provide support and guidance to other NT partners across the organisation. Involvement with other EMEA jurisdictions is also required both from an Operations perspective as well as a Subject Matter Expert depending on your experience and capabilities.
The key responsibilities of the role include
Provides Depositary Operation services to larger promoters/ funds and moderately complex fundsHas a good technical knowledge of fund regulationsWorks on own initiative but requires support in completing fund board papersRequires support on technical issues on fundsSupports senior analysts and analysts in the sectionAttends board meetings with Operations Team Leaders/ManagersAssists with the testing related to the on-site inspections of the administratorsCompletes fund NAV reviewsPerforms investment restriction oversight including update to the breaches registersFully participates in take on meetings for new clientsMay have direct interaction with committees and/or Senior ManagementAble to serve as a key subject matter expert and mentor to other more junior level employeesMay manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role)More technically sound in area of expertise and has broader knowledge of other areasAble to facilitate discussions and reach decisions
Skills/ 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.