About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Job Description for Consultant - Transfer Agency (New Business Implementation)

Job Description

Operates under general supervision but works on own most of the time. Serves on large and/or complex projects. Also, serves as the lead consultant/project manage on smaller or less complex projects. Technically competent to act as first point of reference for day-to-day queries and serves as a liaison to related areas. Has both broad and in-depth knowledge in chosen field, plus strong knowledge of related areas. Carries out relatively complex, extensive, high profile activities e.g. direct interaction with committees and more senior management. Demonstrates excellent analytical, consultative, communication and judgment skills. May lead projects and/or train lower-level staff. Focuses on maintenance and implementation of policies and procedures in the function, building towards becoming an area expert.

The applicant must be:

• Able to lead large scale Projects such as Fund / Sub Fund / Share Class launches and Fund Migrations into the TA area for new and existing Clients.
• Able to work with, and coordinate over, multiple teams (TA, FA, Custody, etc).
• Comfortable with reviewing Fund documentation (prospectuses, articles, application forms, etc), and able to assist our Clients in the drafting.
• Comfortable with facing Clients directly, among other external parties.
• Familiar with a broad range of Fund types, over multiple domiciles, and characteristics (ELTIFs, RAIF-SIF, UCITS, PE/RE, etc).
• Able to build TA op models to support new Clients and Client new requirements.
• Familiar with coordinating and setting up Funds in TA platforms.
• Able to smoothly deliver Funds and Fund Events (restructures, name / cycle changes, liquidations, etc ) into the production environments.
• Able to train Ops Teams on new Fund models.

Knowledge of the below would be an asset:

• Multifonds,
• Fluent in German,
• Retrocessions / Trailer Fees,
• High level technical knowledge (migrating of systems, advanced excel, testing, etc),
• Prior TA operational knowledge (AML, Registration, Dealing and Cash).

Working with Us

As a Northern Trust 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 committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Luxembourg Office

In 2024, the Northern Trust Luxembourg office celebrated their 20th anniversary, an important chapter in their history. Having opened in 2004 to support one client, they have since grown their client base substantially and increased their headcount significantly, which now stands at over 400.

From modern fully equipped meeting rooms to a vast canteen with a view over a vegetable garden, maintained by our team all year round, and a rooftop where beehives have been installed, this space is truly a source of pride for our team. Learn more.