Head of ETF - Asset Servicing

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 Summary:

Northern Trust has extensive experience in servicing our existing clients Exchange-traded fund (ETF) over the last two decades. We currently service over $43 billion in assets for over 100 ETF's. As this product type increases in demand amongst our overall client base, Northern Trust are seeking to enhance and grow our product range within Australia as we further expand and update our overall ETF capabilities.

We are looking for a dynamic and experienced Head of ETF with a strong technical knowledge of end to end ETF servicing requirements to join our Australian team. This will be an exciting opportunity for any candidate who is looking to broaden out their experience and making a progression in their career as they would be directly involved in the strategic design and build out of system capabilities and operational processes to provide a best in class offering to existing and new clients to ensure the continued excellent delivery of service to our ETF clients.

We are open to both Melbourne or Sydney location for this position.

What you will do:

• Overall accountability for the service delivery to out ETF clients inclusive of the day to day oversight and responsibility for service delivery.
• Working closely with Product, all Operational, Risk and Technology teams to assist in design, build out and testing of enhancements related to our ETF servicing capabilities.
• Oversight and assistance in the testing and implementation of component developments.
• Regular review of service model, identifying gaps in offering and delivery of solutions to close out.
• Work with existing and new clients to solution requirements in line with new and additional product offerings
• Assist in work with vendors to provide seamless integration with ETF operating capabilities and service delivery to client.
• Developing and strengthening the relationship with various parties to the ETF ecosystem.
• Interacting with various internal operational areas to improve processes, research processing problems and deliver efficiencies.
• Attend industry events and publish industry thought leadership
• Provide sales support through RFP response including presenting at client and prospect meetings

About You:

• Proven experience in supporting ETF's across a range of ETF product types - passive, active and quoted product types.
• A strong technical knowledge of end to end ETF operating model features from an administrator and custody perspective
• Deal Capture from Authorised Participant (AP) and processing of ETF subscription and redemptions including settlement of units in clearing systems
• Deal cost calculations - Actual, Fixed, Nav plus
• Detailed deal confirmations to AP's.
• Production of Portfolio Composition Files
• In-kind trading
• Corporate Action and Income processing for ETF's
• Servicing of AP's to the highest standard
• A strong familiarity with the regulatory requirements applicable to ETF's
• Custody processing and settlement requirements for ETF unit and portfolio trades.
• Experience in dealing with project and technology teams to deliver solutions
• A strong team player who is committed to delivering a quality service to our clients
• Ability to prioritise workload and use initiative to ensure highest quality of service.
• Ability to work accurately within tight deadlines
• Strong communication and organizational skills

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.

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We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

In Australia, we are actively involved in many ways with both community and diversity organisations, which includes paid volunteer days. For families, we offer a very generous parental leave scheme, and all staff have access to subsidised health insurance if they choose.

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!"#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 Centre 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.

Additional Information