Manager - Alternative Asset Servicing

The Team The Alternative Asset teams have a global operating model and the team in Limerick will act as liaison between internal and external clients and the various alternative assets teams to ensure client's information is accurate and that clients deadlines are adhered too. Compliance with all internal/external controls and procedures is essential related to the hedge fund trade execution team and hedge fund corporate events team within the Alternative Assets Division in Limerick. The focus of these teams is the execution of all trade and corporate event activity for clients using our Alternative Assets services in Northern Trust's Limerick location. The incumbent will have prime responsibility for the functions undertaken in these teams; notably the timely execution, settlement and follow up of all trade, transition and corporate event activity. The control environment as related to the above functions will also be a key focus of this role. The Manager will play a significant part in developing divisional strategic plans, goals and priorities based on the direction set for the unit, and will play a leading role in ensuring that these objectives are met.  Will report to and deputize for the Division Manager. Maintains in-depth knowledge of all processes and projects relating to trade execution and corporate events, keeping abreast of emerging industry trends and maintains regular contact with peers internal and external to firm. With responsibility for managing large and/or complex projects as well as process re-engineering. Key advisor on significant business decisions and provides comprehensive in-depth consulting and leadership to team and partners at the highest technical level. Principal Responsibilities: Oversees the performance of the trade execution and corporate events teams ensuring the timely execution, settlement and follow up of all trade and corporate event related activity and ensures all procedures are being properly followed. Conducts the performance management process, identifies training and development needs, and establishes performance standards for the teams. In consultation with the Alternative Management, makes staffing decisions, and ensures resources are available to accomplish priorities. Oversees, plans, and directs the activities, ensuring business objectives are met. Provides leadership and guidance to staff and fosters an environment that encourages employee participation, teamwork, and communication. Maintains an appropriate control environment for the proper monitoring, evaluation and clearance of outstanding and reconciliation issues. Provides comprehensive, in-depth consulting and leadership to team and partners at the highest technical level. Responsible for both leading and supporting projects designed to promote risk reduction and operational efficiencies around the trade execution and corporate events functions. Technical expert seen as key advisor on significant business decisions.  Oversight of team's regular detailed reconciliations of Unitised Non Custody holdings to third party administrator statements Knowledge/Skills: Ability to work on own initiative Ability to work to set deadlines Ability to use Excel and Word competently Attention to detail and strong accuracy Analytical skills are required to research and resolve enquiries Good communication skills a must Knowledge of Alternatives Assets Experience in recruitment, management and development of a sizeable team required Ability to build and maintain relationships with external clients, internal Alternative Assets teams, Account and Relationship Manager and other internal colleagues such as Valuations, Reporting and Fund Accounting. Core Competencies: Interpersonal (relationship building, respectful, problem solving and understanding) Communication (listening skills, oral communication skills, information sharing and written communication skills) Self-management (adaptability, integrity, learning and trust builder) Motivation (closure and result seeking) Thinking (decision making, idea generation, inclusion and problem solving) Organisational Knowledge (current knowledge, knowledge and understanding) Client Service and Quality (quality, relationship building and client satisfaction) Administration (coordination, execution, planning and time management) Leadership (direction, idea generation, knowledge sharing and team recognition) 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 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. 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 March 31, 2017, Northern Trust Corporation had: $121 billion in banking assets $7.1 trillion in assets under custody $8.9 trillion in assets under custody/administration $1.0 trillion in assets under management