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 Depositary has an important role in investor protection and is responsible for the safekeeping of the fund’s assets.

The Depositary also has oversight responsibilities of the manager’s operations and monitoring the fund’s cash flows.

Northern Trust’s Depositary function in the UK has seen exponential growth and success in acquiring new business since its launch 10 years ago. 

This growth has moved Northern Trust’s Depositary business to No.1 in the UK market, supporting more than 30 asset management firms and servicing more than $600 billion in assets under depositary.

To support this business growth, we are looking for candidates that are open to a career within Depositary Services and have a fair amount of the following qualities:

Knowledge of UK fund structures (OEIC, UT, ACS, LTAF, AIFs), investment strategies and asset classesKnowledge and interest in regulatory compliance of FCA rules for Manager and Depositary responsibilities, including change events throughout a funds lifecycle.Previous relevant compliance experience preferred but not essential.Effective communication, presentation and relationship management skillsExcellent organisational skills, attention to detail and ability to work both individually and as part of a Team.Efficient in MS Office tools

In this role the selected candidate will:

Keep abreast of UK, EU and International regulatory developments impacting the Depositary business and the asset management industry.Provide analysis of regulatory developments impacting the Depositary business and its clients and disseminate to the business.Review fund documentation

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.