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 24,000 partners, we serve the world\\\'s most sophisticated clients using leading technology and exceptional service.
Role/ Department:
Product Controls main service is the daily monitoring of investment restrictions. The setup of funds, the programming of rules and system improvements in the investment compliance tool MIG21 are all managed within the team. In addition, the team oversees service delivery of Northern Trusts Asset Management Operational Services (AMOS) service offering, which includes liquidity monitoring, NAV analytics and investment restriction controls. The team is also in charge of many interesting projects and specialist tasks such as screening and implementation of new laws and guidelines, advisory and approval of new funds and internal investment guidelines, netting & hedging checks, hedged share classes, securities lending and collateral checks, OTC derivatives, impact analysis, the creation of sophisticated reports and the implementation of a new investment compliance system. We collaborate with many stakeholders like Portfolio Managers, Clients, Client Relationship Managers, Manco Oversight Teams, Fund Engineering Teams, Product Managers, Mancos, Depositaries, Auditors and many internal Operations teams. The team is known for delivering high quality results also for complex tasks and in challenging times.
The key responsibilities of the role include:
Business lead in project to migrate funds from MIG21 to the new investment compliance application which includes conceptual planning and creation of underlying rules coding framework (Python), project management tasks and close collaboration with international partners
Oversight tasks over delegated AMOS services including direct controls, due diligence, KPI measurement and providing subject matter expertise to clients and internal stakeholders
Responding to client queries and requests, product management, portfolio managers, operation departments, legal, compliance, auditors, etc.
Maintaining and optimizing our compliance application, by parameterizing funds, programming rules and implementing new functions
Skills/ Qualifications:
The successful candidate will benefit from having:
Higher education in economics (University or Fachhochschule)
Advanced knowledge in Python or similar coding languages
Knowledge of investment compliance systems (MIG21, CRD, etc.) considered a plus
Strong analytical and conceptual skills
Good knowledge of financial markets, asset management, complex instruments, derivatives and accounting
Knowledge of Swiss laws and guidelines for investment restriction checks (KAG, KKV, KKV-FINMA, BVV2, FINMA-Guidelines, SFAMA-Guidelines) is an advantage
Committed, pro-active and efficient
Fluent in German and English
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.
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 sustainable 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 Center 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\\n
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