Deputy Head Of Cosec Department
Responsible for managing a group of managers with direct reports. Providers leadership and support to the Head of the Department and manages the entire CoSec function to ensure client needs are met and implements strategic projects to improve efficiency in agreement with the Head.
Ensures internal policies and procedures are met and kept current. Conducts performance management, career development needs and establishes performance standards.
Makes staffing decisions and ensures resources are available to accomplish performance standards. Makes staffing decisions and decision maker for salary review process.
The key responsibilities of the role include :
Manage the team and drive overall performance and productivity
Identify, manage and implement strategic goals for the department, including global initiatives.
Deliver results and develop the team
Manage and mitigate risk, within the day to day as well as ensuring that direct reports do so as well
Manage quality of the service provided by the department
Maintain capacity planning in accordance with Company requirements
Manage the statutory and corporate governance requirements for the Company
Ensure compliance of the Company with Group Policies and Reporting
Maintenance of Group corporate database and regular reporting to the Group
Organise and attend meetings for the Management Company (i.e. Board and Committee meetings)
Produce minutes, action points and follow up when required for all meetings
Attend due diligence / client service review meetings and client presentations
Liaise with internal and external parties as needed (i.e. management, regulators, lawyers) and manage department vendors and cost centres
Manager overall projects to contribute to various targets and operational models for the department
Develop and implement strategic decisions for the department
The successful candidate will benefit from having :
Extensive experience in a corporate environment
Proven experience of management
Fluent in English - French and / or German advantageous
Advanced level of Microsoft Outlook and Office and confidence with technology
Knowledge of Diligent Boardbooks or any other board packaging software would be an advantage
Knowledge of Corporate Database software (Viewpoint) would be beneficial
Knowledge / Experience :
A thorough knowledge of the Luxembourg fund industry.
Solid knowledge of the various types of investment vehicles including, but not limited to, SICARs, SCAs, SICAVs, FCPs and Management Companies.
Knowledge of the Cayman Islands fund industry.
Experience with client facing roles and dealing with senior management
Experience attending large board meetings and meeting tight deadlines
Experience managing an overseas team
Strong written communication skills
Attention to detail and accuracy
Proven people management skills.
Interest in developing knowledge and skills.
About Northern Trust
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 18,500 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 March 31,2019, Northern Trust Corporation had :
$10.9 trillion in assets under custody / administration
$8.2 trillion in assets under custody
$1.2 trillion in assets under management
$122 billion in banking assets
As Northern Trust is a financial organisation; all new employees will be required to undergo a criminal record check.