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 part of the Custody Tax Operations team, the Team Lead is a key role of International withholding tax processing, Reporting to the Core Operations Manager, responsibilities will be to ensure that team request, record and manage Northern Trust’s client tax documentation, and accurately identify, process and track tax relief at source or reclaims on behalf of Northern Trusts global client base so as to ensure maximum tax benefits.
The key responsibilities of the role include:
Manage a team of focused individuals
Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work
Possesses the leadership and organizational skills required to prioritize assignments and provide feedback to staff
Manage the operational risk within the entire process, through the identification of risk points, adherence to procedures and that adequate skilled resources are maintained
Ensure tax reclaims are processed in a timely and accurate manner
Monitor an closing out all queries within required deadlines
Engaging with Global Sub Custodians and Tax Agents
Engagement in Operational risk assessments
Tracking and monitoring all tax technical changes
Deliver regular and pertinent MIS to Management team as required
Skills/ Qualifications:
Strong time-management skills with the ability to effectively priorities tasks for both self and team according to their level of urgency and importance.
Excellent communication (verbal and written) and organisational skills.
Fundamental technical knowledge of Tax Operations, gained through significant exposure to business disciplines, operating at a senior level.
Leadership skills
Track record of implementing process improvements
Strong awareness of risk management and ability to understand when to escalate issues
An understanding of the custodial responsibilities pertaining to withholding tax management
Prior tax experience in the Financial Services area would be a distinct advantage
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.