Network Manager

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.

Network Manager Job Description

Position:                   Network Manager

Department:           Network Management

Reporting To:          Regional Head of Network Management, APAC

Major Duties

The Network Manager oversees the management of subcustodians, account operators, central depositories, payment banks, and securities markets across our global network to support Northern Trust’s asset servicing business. Key responsibilities of the Network Manager role include: strategic management of network relationships, risk management, lead commercial strategy with providers, technical leadership, driving market change, and developing market models that support both client needs and the bank’s strategic objectives.

The Network Management is part of the Strategic Partnerships, Digital & Financial Markets Group. The open position sits within the Asia Pacific (APAC) regional Network Management team.

Responsibilities

• Managing and developing relationships with all agent banks and third-party network providers e.g. subcustodians, account operators, central depositories, tri-party agents, payment banks, and contingency providers.
• For all third-party providers, manage service levels and perform due diligence risk assessments.
• Perform onsite visits (travel required) to maintain core risk management, relationship and expertise benefits, expand relationship generation, strengthen expertise on how markets operate, and support market advocacy.
• Ensuring assets are protected and held through correct account structures.
• Managing local market environment relating to the operational, legal, regulatory and infrastructure environment, and preparing/communicating relevant changes to internal and external partners.
• Provision of consulting services to internal/external partners seeking information and guidance to navigate through operational, regulatory and infrastructure conditions associated with investing in global markets.
• Contribute to lobbying efforts to influence market change and developments.
• Lead commercial engagement with all providers to maximise financial value.
• Drive and support the negotiation of legal documentation.
• Where applicable, perform market provider RFPs and also new market reviews to support expansion of Northern’s network coverage.
• Market evolution and digital assets to support (i) market evolution and industry change initiatives covering both traditional and digital assets, (ii) foster education in relation to market and digital asset evolution, and (iii) opportunity identification with agent banks, market infrastructures and other market entities.
• Strategically and operationally support Northern Trust business units.

Required Experience, Knowledge & Technical Skills

• Proven knowledge and demonstrated expertise across global custody / securities services.
• Seasoned professional expert with extensive technical/business knowledge and functional expertise.
• Ability to lead and manage external relationships.
• Comfortable presenting in front of subcustodians, clients and internal stakeholders/management.
• Demonstrate strong risk management competency level.
• Exceptional communication skills - both written and oral.

• Demonstrates leadership and ownership - takes initiative, drives accountability, and leads with purpose across teams and projects.
• Strong organisational and time management skills: Effectively prioritizes tasks, manages competing deadlines, and maintains high-quality output in a dynamic environment.

• Self-motivated and team player with a flexible attitude and adaptive approach

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.