Northern Trust Limerick - IFS Finance Apprenticeship Program 2022

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

As a Northern Trust employee (Partner), you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve.

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you would benefit from adjustments for any part of the employment process, please inform the recruiter to discuss your individual requirements.

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018. 

The Apprenticeship 
 
We are delighted to offer this two year program, starting in September 2022 in Limerick, designed for apprentices to achieve a Higher Certificate in International Financial Services (Level 6) through National College of Ireland, whilst starting their career journey with Northern Trust Limerick.

This is an early careers opportunity so should be your first step into the financial services world. You will receive specialised training for your role and learning will be at the heart of your development. You will have a strong support system in place from your manager, your team, your workplace mentor and academic mentors and lecturers.

We are looking for apprentices who share our values i.e. focus on customer service, want to expand their knowledge and always act with integrity. You will have an interest in financial services, a willingness to learn, as well as being organised and able to prioritise your time. If you have good communication skills, like working in a team and enjoy problem solving then we would like to hear from you.

Opportunities are available in the following areas:  

• Fund Accounting: This group is responsible for valuing the assets and liabilities of a fund , from this we create the Net Asset Value of the fund , this information is then used as a price for investors to buy or sell their shares in the Fund .  A fund Accountant will gain exposure to a variety of products and work with other departments who we rely on for information. This exposure to the end product gives a Fund Accountant a very well rounded view of the industry. In fund accounting you will be working in a team environment where you will receive the support of the team in addition to the training and development support the department offers. 
• Depositary Services: The Depositary Operations team's role is to look after the interests of investors. Specifically, it makes sure that the parties to the fund, the Custodian, the Administrator and the Investment Manager are all undertaking their roles appropriately in line with  Alternative Investment Fund Management Directive (AIFMD) & UCITS V Directives
• Pricing: We are responsible for providing validated securities pricing for the purposes of NAV calculation and fund manager reporting. The team in Limerick supports fund administration operations in Ireland, Bangalore, London, Guernsey and Luxembourg.
• Trade & Settlements: We monitor settlement of unitised funds and ETF’s, as well as play a key role in regulatory reporting for European Central Securities Depositories and financial transaction tax.
• Asset Services: We are responsible for setting up securities (assets such as Equities, Fixed Income, Funds etc) along with researching asset data queries on vendor terminals to ensure accurate set up for our clients and meeting daily deadlines.
• Tax: We are responsible for supporting Custody clients to obtain beneficial withholding tax rates on their international income receipts. We are a specialist and dynamic area of the Bank with embedded processing experts, change and technology programs, risk monitoring and process reengineering and client relationship management. We face off to multiple areas of the Bank and directly to our clients.

Successful applicants will ideally hold a Leaving Certificate in 5 subjects including English and Maths, but if you have an alternative qualification or some relevant work experience, please do apply and we can discuss the exemption process for entry. 

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. 

Working with Us:

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. In return, we will support you with your personal and career goals in a number of ways:

• Financial – Life Assurance, Disability Plan, Pension/ Gratuity, Annual Pay Review
• Work Life Balance – Flexible Work Options, Incremental Annual Leave, Community Volunteer Days
• Health & Wellbeing – Private Medical Insurance, Active Sports & Social clubs (lunchtime and after-work groups), Employee Assistance Program
• Professional Development – Clear Career Path, Education Assistance, Recognition Programme, NT University (wide range of online, virtual & in-house training options) and employee-led Business Resource Councils dedicated to diversity and inclusion initiatives.

And Finally 

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.

For further information, and to apply, please visit our website via the “Apply” button below.