Job Description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role

The Global Fund Services business is one of the fastest growing areas in Northern Trust, offering a comprehensive suite of fund products and services to Asset Managers worldwide.

The role is within Northern Trust’s growing UK Fund Accounting team. This team looks after more than 10% of all UK Authorised Funds for numerous Fund Management clients. The role is to work within a centralised Financial Reporting oversight team. The successful applicant will be responsible for the oversight and sign off of all client’s Report & Accounts and distributions whereby the production of these functions is located in another jurisdiction.

Principal Responsibilities

• To oversee, review & sign off financial accounts and other reporting deliverables produced by another jurisdiction’s UT, OEIC, ACS, CAIF and Investment Trust. This will include sign-off of XD working papers, distribution rates and proofing of accounts to the required SORP and accounting standard.
• Communicate professionally & effectively with other NT Departments, Trustees/Depositaries, Custodians, Auditors, and Clients (the Fund Management Companies to which we provide a service), ensuring that they are more than satisfied at all times.
• To deliver a quality service to our clients and take the necessary corrective and preventative actions to ensure all KPI deadlines and quality standards are met.
• Support the development of the production jurisdiction and actively provide feedback on performance to local managers.
• Continually assess the oversight team’s processes to improve efficiency, reduce risk or cost, as well as assisting in the enhancement of revised departmental procedures for use as a training tool.

Skills / Experience

• The applicant should currently hold a senior analyst or senior accountant position, or previously held that position within another financial services environment.
• As an absolute minimum the job holder should have passed the required FCA Training & Competence exams (or have been “Grandfathered”); however, additional accounting qualifications are expected.
• Excellent interpersonal skills for liaising with other members within their team, other internal department, Trustees/Depositaries, Custodians, Auditors and the Fund Management Companies to which we provide a service.
• Able to work under pressure to achieve the timetabled deadlines for delivery to our client’s deliverables, with a mature approach.
• Possess strong written skills with numerical and computer literacy - including strong spreadsheet skills with Excel plus Word, Lotus Notes and InvestOne Enterprise.
• A good knowledge of the FCA regulations pertaining to Unit Trusts, OEICs, ACS and CIFs i.e. COLL, and the most recent IA SORP.
• Knowledge of UK GAAP/IFRS accounting, along with the regulations pertaining to Investment Trusts is also preferable.

Work Authorization

Applicants must have the right to work in the United Kingdom at the time of application and for the duration of employment.

Please note that Northern Trust is unable to provide visa sponsorship for this role. This includes Skilled Worker visas, Global Business Mobility routes, Graduate visas, Youth Mobility Scheme, High Potential Individual visas, Scale-up Worker visas, Temporary Worker visas, and other employer-sponsored visa categories.

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 committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.