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Northern Trust: Team Lead, Transfer Agency

Northern Trust

This is a Full-time position in Chicago, IL posted September 19, 2020.

The primary responsibility of the Team Leader is to supervise and support a team of Analysts and Senior Analysts within the Transfer Agency team.

The department is responsible for client and investor document management, processing and quality checking of transactions and updating the registers of our clients’ funds in response to investor instructions.

The Team Leader reports to the Team Manager and assists with workflow distribution and maximizing the effectiveness of the team.

Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work.

Conducts performance management and career development processes, and staffing and disciplinary actions.Responsibilities:1.

Oversight of the processing and quality checking of a wide range of dealing transactions through internal systems, to regulatory and client standards2.

Day to day oversight of the document management process, ensuring that investor’s instructions are scanned into the workflow system accurately and timely3.

Investigate and resolve ienquiries and exceptions, communicates with various internal departments, other banks and brokerage firms to resolve exception4.

Prepare financial reports ensuring conformity to professional and regulatory requirements5.

Responsible for work flow distribution and the effective use of resources within the team6.

Provide on the job technical training and coaching for all team members and brief staff regularly on issues relating to work carried out by the team and new initiatives7.

Organize the work of the team, assign tasks, set short-term priorities, monitor all activities and ensure timely and accurate completion of the work8.

Ensure all procedures are kept up to date and are adhered to on a daily basis9.

Assist the Team Manager in establishing goals and objectives for the team10.

Generate process and system enhancement ideas and co-ordinate the introduction of these changes with supporting documented procedures11.

Conducts performance management and career development processes, and staffing and disciplinary actionsSkills and Experience:Excellent oral and written communication skills are required.The role will require the ability to deal confidently and articulately with internal and external counterpartiesAnalytical and problem solving skills are requiredLeadership and organizational skills are needed to prioritize assignments and provide feedback to staffAbility to set priorities and manage deadlines, escalating issues where necessaryGood team player, self-starter, flexible, with the ability to work under pressure with minimal supervisionA College or University degree and/or relevant work experience is requiredSupervisory experience is desirableAn understanding of the financial services industry and industry product: collective investment trusts, mutual funds, fund of fund structures, back office and intermediary operations, NSCC/DTCC services, retirement plan vehiclesAbout Northern Trust:Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally.

With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.Working with Us:As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.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 ethical companies.

Build your career with us and apply today.