Northern Trust

Senior Consultant, Alternatives

London, UK
01 Dec 2023
01 Jan 2024
Contract type
Full time
Experience level
Qualified accountant

About Northern Trust:

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 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.


The Alternative Asset Services Practice (AAS) has an immediate need for a Senior Consultant, based in the London office. Primary responsibilities will entail client facing and business expansion opportunities, including participation in new business presentations, providing in-depth consulting on the Alternative Asset functions and execution of strategic business activities for the Practice. In this role, candidates will be expected to have in-depth knowledge of the different Alternative Asset operations and how they fit within the context of Northern Trust business. This role will carry out activities that are large in scope, cross-functional and technically difficult.

Other duties may include working with new Product initiatives and assisting with the design, review and implementation of corporate initiatives impacting the processing of Alternative Assets around the globe. This role will have direct interaction or participation with area management. Occasional travel will be required to meet with clients, prospects or other AAS office locations worldwide.

Major Duties

  • Independently work with Product, Sales and other partner areas to continue the development of the Alternative Asset custody product offering. Represent the Practice when meeting with new clients and prospects. Lead in-depth functional discussions to articulate the process.
  • Support activities and responsibilities that are large in scope, cross-functional and technically difficult.
  • Provide leadership in developing, implementing, and administering programs that support the strategic goals of the AAS Practice.
  • As subject area expert, work closely with new business opportunities. Provide consultative oversight and expert advice to new clients on operational capabilities. Provide thought leadership on difficult requests and closely manage client expectations to ensure service levels are attainable. Create presentation material and other documents to share with clients, prospects and partners.
  • Strong communication skills required, both verbal and written, to participate and /or lead business presentations, with a penchant for creative thinking and the ability to adapt to stressful situations.
  • Cultivate and maintain working relationships with client servicing, product, and various operations areas to meet and exceed client expectations.
  • Assist client, partners, and staff with complex problem resolution. Consult on effective ways to meet client needs or appropriate method to be used for resolution of an error.
  • Possess and display the ability to adapt to an ever-changing and fast paced environment.
  • Develop periodic goals, set short-term priorities, monitor all activities, and ensure timely and accurate completion of the work.
  • Occasional domestic travel will be required, as needed.


A number of years related work in financial industry operations environment and / or relevant in-depth background in alternative asset processing / servicing. Preferred candidates will have a business degree and/or relevant proven, work experience.


In-depth knowledge of financial industry operations, usually acquired through experience in related areas, is required to successfully represent the Practice. Background in accounting and reporting, coupled with strong analytical and problem solving skills, is necessary to manage client inquiries and expectations.

Excellent oral/written communication skills are required to effectively interact with clients and partners. Must have the ability to work inclusively in a team environment as well as an individual contributor, exhibiting initiative and flexibility to meet client expectations.

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.

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

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. 

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