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Treasury/FX Team Leader – Limerick/Dublin

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Operations/Securities
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74229 Requisition #
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About The Role:

 

The job involves working for a Global fund administrator, specializing in administering assets of complex hedge funds. The position requires good experience and background in operations including familiarity with foreign exchange markets, back office settlements and cash functions. The successful candidate is a proven leader and who takes ownership of responsibilities and achieving objectives.  Team focus and the ability to function independently in a fast-paced, dynamic and demanding environment is essential, along with the ability to manage a team with various experience. This person is proactive in resolving conflict, demonstrates exemplary follow-through and is a role model to direct reports and partners. He/she adds value by working on a number of simultaneous tasks/projects with minimal supervision while paying special attention to detail. The ideal candidate is an effective communicator and works well with partner areas, with proven team lead experience.  Familiarity with SWIFT and FX markets, products and settlements is extremely beneficial.

Role Responsibilities:

 

  • Manage the team through daily processing of cash flow requests by clients. This includes: Ensuring proper AML checks have been performed on the instruction, executing payments per established controls and with authorized instruction from clients, confirming payment settlements and details, and posting all cash related transactions made on behalf of clients.

  • Work directly with clients to resolve cash breaks and issues related to payments.

  • Manage the daily processing and settlement of FX transactions (spot, forwards, options) for clients.

  • Oversee the FX Exposure offering and provide support to clients.

  • Monitor trade matching and affirmation for FX trades on trade date between the client and its counterparties

  • Communicate trade discrepancies to internal partners and assist in resolving mismatches between the client and its counterparties.

  • Assist in the development of a scalable, controlled and transparent cash processing work flow for all Cash & FX activity.

  • Effectively communicate with IT to test and implement development and enhancements of our Cash & FX offering.

  • Identify areas of improvement and engage the team in developing those ideas.

  • Supports development of an expanded cash management offering to expose additional cash management solutions to our clients through technology. Provides feedback into cash management system based upon market place needs, client feedback and workflow improvement. Works directly with IT to develop, test and implement this framework.

  • Coordinate connectivity with client’s banks, custodians and prime brokers through SWIFT.

  • Administer the implementation process for new clients and effectively communicate status to internal partners.

  • Work on building out procedures and ensure good understanding across the team on each client’s specific needs

  • Carries out complex activities with significant financial, client, and/or internal business impact

  • Work with the Implementation Project Manager to ensure smooth on boarding of new clients.

  • Build and maintain internal and external relationships

  • Participate in presentation to both prospective and existing clients.

  • Assist clients both internally and externally with any FX and Cash queries

 

Skills / Experience Required:

 

  •  Proven work experience in Treasury, Cash, FX Middle Office or Operations
  • Proven managerial experience.

  • Experience in project management and client interaction. Experience working in a treasury function a plus.

  • Experience in Insurance Linked Strategies an advantage.

  • Proven team player, taking ownership for own role while contributing to wider team efforts

  • Familiarity with Hedge Fund structures, products and financial instruments including SWIFT

  • Excellent written and oral communication skills.

  • Microsoft Excel experience an advantage

  • Knowledge of basic accounting principles and procedures, familiar with financial markets and instruments

  • Client service experience

  • Ability to work under pressure and to deadlines in a demanding and fast growing department

  • Highly flexible and adaptable to change

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.

 

Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion.

 

As of September 30, 2018, Northern Trust Corporation had:

 

  • $10.8 trillion in assets under custody/administration

  • $8.2 trillion in assets under custody

  • $1.2 trillion in assets under management

  • $132 billion in banking assets

 

 

 

 

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC EEO Statement
    • APAC EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement