Team Lead, Front Office Support/Data Management

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.

SECURITY OPERATIONS, ASSET MANAGEMENT

Northern Trust Asset Management (NTAM) is an over a trillion-dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives.

The security Data function is primarily responsible for overseeing daily global operations of the security master processes and associated activities for NTAM. This role will report into the Manager of Security Ops to develop and execute the strategic roadmap to build a world-class security master organization to respond to NTAM’s evolving requirements. It will involve identifying, solutioning, and championing initiatives to build new capabilities such as increased automation, enhanced governance, and reporting.

PRIMARY DUTIES AND RESPONSIBILITIES

• Oversee the Data Management Team, who is responsible for the day-to-day tasks that relate to global security master data processes across all NTAM clients, accounts, and funds.

• Ensure data completeness and consistency between IBOR & ABOR. Monitor KPIs to measure effectiveness.

• Lead initiatives related to improving data quality in the core NTAM platforms, and workflow efficiency amongst global partners.

• Provide project support and planning, develops test plans and user acceptance testing criteria. Experience with Azure DevOps a plus.

• Evaluate and makes recommendations on techniques, practices or technologies that would enhance data related business needs.

• Respond to ad-hoc information requests, analyze, gather, and research information and develop reports in response to management and/or regulatory requests.

• Assist in the development of data quality management, data acquisition from various vendors, and system support. Experience with data governance practices and Collibra is a plus.

• Develop service level agreements with the business, establish a robust governance and control framework to ensure delivery of timely and accurate information, and monitor on-going effectiveness.

• Drive initiatives to strengthen the first line of defense, instilling a culture of continuous improvement and robust policy and procedure documentation to reduce operational risk.

NECESSARY KNOWLEDGE AND SKILLS

• Understanding of the investment management business, multiple asset classes (equities, fixed income, FX, derivatives), and investment/financial technology systems within an Asset Management setting.

• Demonstrated passion for security reference data, process design and automation. SQL experience a plus.

• Problem solving, analytics, influencing, facilitation and consensus building.

• Dynamic relationship building and partnership skills.

• Outstanding communication skills, both written and verbal

• Experience in driving digital and automation-driven transformation to drive efficiencies and scalability.

NECESSARY EXPERIENCE AND EDUCATION

• 6 plus years of relevant experience in the financial management industry and / or financial project management role.

• Knowledge of business functions and processes usually obtained through related work experience in the following areas: financial operations, portfolio, and project management. MBA / CFA strongly preferred.

• General knowledge and understanding of commonly used concepts, practices, and procedures within the technology field.

• Creative thinker with excellent analytical, communication, and presentation skills.

• Goal oriented team player willing to work with a global group of professionals across NTGI and Northern Trust as a whole.<