Who we are 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 16,500 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.
Northern Trust's international business has grown dramatically over the last decade. Some of our largest clients are located in Asia and Australia, which represents a rapidly growing client base for the company. Since 1986, we have been serving clients in Asia-Pacific (APAC), including corporate pension funds, investment managers, insurance companies, government agencies, family offices and corporations. Our intricate understanding of the region allows us to provide unique insights and strategic perspectives to our clients. Currently, we have client offices in Beijing, Hong Kong, Melbourne, Sydney, Singapore, Seoul, Tokyo and Kuala Lumpur.
What we do 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.
What you will do You will be responsible for the ongoing development of the Company's asset servicing business strategy and business planning, as well as ensuring the Company's compliance with regulatory conduct regimes in the APAC region from the First Line of Defence. This role will exercise strategic budget and administrative control over planning and project management.
Leading and recommending the setting and execution of the Company's asset servicing business strategy/projects, including product development within APAC region.
Developing strategies and tactics around revenue growth and facilitating the engagement of new clients in new or developing market segments. This includes conducting feasibility studies as well as research/plan for new geographical expansion.
Run regional initiatives that require coordination across multiple business units and/or multiple jurisdictions, including change projects and new market-entry implementations.
Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity.
Participates in developing division strategic plan and sets goals and priorities based on the direction set for the unit; follows through to ensure that objectives are met.
Coordination of APAC space and location strategy across all business units.
Local oversight of APAC acquisition activity, including participating and coordinating local due diligence activity with business leaders. Carries out complex initiatives involving multiple disciplines and/or ambiguous issues.
Prepare and coordinate management reporting for internal senior management meetings. Such information is normally reviewed on operating performance, material outsourcing arrangements, significant issues, and strategic planning.
Lead resources in the business (first line of defence) in understanding and resourcing towards meeting and complying with the conduct regimes implemented by regulators in the APAC region (for example Manager-in-Charge in Hong Kong, BEAR in Australia).
Strategic interactions with regulators and provide oversights on regulatory changes (including implementation) in selected APAC locations where we have permanent establishments and being regulated by Financial Regulators, e.g. MAS, APRA...
Represents Company in relationships within industry organizations, key competitors and other outside parties. May also represent Company with major clients.
Excellent oral and written communication skills are required
Seasoned multi-disciplinary expert with in-depth functional / industry knowledge
Highly flexible and adaptable to change
Technical skills / systems knowledge is required
Leadership, organizational skills and business acumen required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff.
Experience in risk management practices
A College or University degree and relevant proven work experience is required / preferred. Related Industry qualification (e.g. risk accreditations) is preferred.
As of December 31, 2018, Northern Trust Corporation had:
$10.1 trillion in assets under custody/administration
$7.6 trillion in assets under custody
$1.1 trillion in assets under management
$132 billion in banking assets
Northern Trust is an equal opportunity employer. We aim for excellence in our efforts to recruit, develop and deploy the highest caliber workforce. Our commitment and success to a diverse workforce is evident in employee satisfaction and industry acknowledgment. For a list of all our achievements please click here .
For a private discussion please contact Gez Williams on +61 3 9935 8204.
Internal Number: 5470168
About Northern Trust Company
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