Manager, Corporate Actions, Hedge Fund Services

Job Summary:
The job involves working on a team working for Northern Trust Hedge Fund Services, a Global fund administrator, specializing in administering assets of complex hedge funds. This person will add value by working on a number of simultaneous projects with minimal supervision and exemplary follow-through
Job Description:
The incumbent will be responsible for managing the Corporate Actions Group and the Dividends Team of Hedge Fund Services. The Corporate Actions Group is responsible for verification, settlement, and life cycle event processing related corporate action. The Dividends Team is responsible for processing all dividends within the clients account. In addition, oversight of the team's core functions will include daily interaction with shared service teams responsible for security master management, OTC derivatives, fixed income and foreign exchange trade processing, trade capture, clearing and settlement, relationship management, custody services and break reconciliation. The manager will also conducts performance management and career development processes, and staffing and disciplinary actions.
Excellent oral and written communication skills are required as well as in-depth functional / industry knowledge. Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members. Candidates should be highly flexible and adaptable to change. Technical skills / systems knowledge is a plus.
Major Duties:
1.Responsible for the oversight of the Corporate Actions and Dividends team within the Hedge Fund Services.
2.Operates independently; has in-depth knowledge of business unit / function. 3.Provide comprehensive in-depth consulting and leadership to team and partners at a high technical level.
4.Carries out activities that are large in scope, cross-functional and technically difficult.
5.Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.
6.Conducts performance management and career development processes, provides input for staffing and disciplinary actions and provides hands-on training to staff.
7.Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work.
A College or University degree and/or relevant proven work experience is preferred.
8+ years' experience in the corporate actions/dividends operations (back office trading) environment with proven team leadership or management experience.
Experience in self clearing/broker dealer operations is a plus.
Experience in managing projects relating to automation, systems upgrades and/or client onboarding.
Strong proficiency in Excel and Microsoft Word (or related software).
Experience with Bloomberg and DTC PTS terminal or web applications.
Excellent English, grammar, written and oral communication skills.
Understanding of basic accounting principles.
Strong reasoning, organization, planning and leadership abilities.
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 18,100 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.
As of June 30, 2018, Northern Trust Corporation had:
$135 billion in banking assets
$8.1 trillion in assets under custody
$10.7 trillion in assets under custody/administration
$1.1 trillion in assets under management

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