co-Chief Operations Officer (co-COO) - GFS Sydney/Melbourne

Company:  Northern Trust
Location: Melbourne
Closing Date: 21/10/2024
Type: Temporary
Job Requirements / Description
co-Chief Operations Officer (co-COO) - GFS Sydney/Melbourne

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. Job Profile Summary: Responsible for managing the Fund Accounting, Transfer Agency, Investment Operations activities and service delivery collectively referred to herein as 'GFS Operations' for a Country Branch, providing leadership and guidance to subordinate managers. Job focus is on managing others and applying operational or strategic management skills. Management responsibilities and decisions likely include hiring, performance reviews, pay decisions and development. Achieves goals mostly through work of others. Provides leadership and direction through managers. Is accountable for the performance and results of a division or region. Executes business plans and contributes to the development of functional strategy. Decisions are guided by functional or major operational segment strategy and priorities. Major Duties: For the Country GFS Operations unit work with the GFS leadership to support the implementation and communication of clearly defined expectations, business targets and growth strategies in the location. Oversee the deployment of GFS vision, business strategy and organizational direction in relation to Fund Accounting, Transfer agency, Investment Operations activities. Oversee, plan and direct the activities of the Country GFS Operations unit towards achievement of the business objectives. Support the governance framework for Country GFS Operations unit with a view to ensuring effective governance and oversight including ensuring appropriate procedures exist and policies are adhered to. Provide the leadership and relevant governing bodies as directed appropriate MI for the country GFS Operations unit and appropriate accountabilities. Implement a framework with a view to enabling all direct and matrix reports to use resources effectively and, in conjunction with HR, that the performance management process is followed and training and development needs are identified and addressed. Oversee the service delivery to Custody clients contracted to NT entities and serviced from the country. Abide by all regulatory requirements. Ensure own compliance by acquiring, maintaining and applying to business practices knowledge of material corporate and local legislation and regulations relevant to own role and responsibilities. Assumes responsibility for staffing resources within the Country GFS Operations unit, including managing capital and expense budgets, liaising cross-function to improve efficiency, effectiveness and productivity. Directs the resolution of highly complex or unusual business problems applying advanced critical thinking. Guided by organization functional strategy, has broad impact on the functional, divisional or regional results. Knowledge: Knowledge of the C&IS and Country Operations as part of the overall Global Fund Services business offering. Knowledge of local laws that affect the banking/Branch industry is required to ensure office compliance. Knowledge of business strategy development is necessary to provide long-term support to the profitability/performance of a regional segment. Leadership and organizational skills are required to determine the unit goals and resources needed and to assess and develop the skills of the staff. Applies broad industry knowledge and commercial awareness to drive financial performance. Negotiates with senior leaders across the business. Experience: Leads through subordinate managers; contributes to the development of functional/operational long-term strategy and develops annual business plans to ensure alignment. Appropriate educational background and professional qualifications. Post qualification experience in increasingly senior roles. Experience in major financial services business. Effective communicator with the ability to articulate and develop an argument in an environment of assertive executive directors. Well-developed management and leadership skills. Coaching and counselling skills. 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 [email protected]. 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.

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