Responsible for managing the securities operations teams - Income Processing, Corporate Actions, Tax Middle Office, Asset Pricing and Securities Lending. This scope can further change and/or expand depending on the business needs.
This is a leadership role with full management responsibility for the functions to include the annual performance management process, identifying training and development needs, and establishing standards for the group in coordination with Global Securities Operations stakeholders and Manila site leadership.
The job holder will make sound staffing decisions, and ensure resources are available to accomplish priorities. The incumbent will participate in the strategic planning and setting goals and priorities based on the direction set for the functions and the country displaying strong leadership skills to ensure that objectives are met.
The role will require ensuring there is adherence to the Service Level Agreement (SLA) from each of the home countries following the regulatory oversight guidelines within each country. The holder will ensure variances to SLA are investigated and trends identified and resolved.
The holder will participate and provide connectivity to the asset transformation projects and provide support to local and global teams as required.
Additionally, the job holder will have responsibility for developing and managing the function’s budget and expense plan.
Overall, the job holder will provide leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication.
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 16,500 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 June 30, 2017, Northern Trust Corporation had:
•$126 billion in banking assets
•$7.4 trillion in assets under custody
•$9.3 trillion in assets under custody/administration
•$1.0 trillion in assets under management