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Manager, Income Process

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Northern Trust Corporation

Aug 19, 2024

  • Job
    Full-time
    Senior & Expert Level
  • Manila
  • Quick Apply

AI generated summary

  • You must possess excellent communication skills, extensive income event knowledge, management experience, and a degree with relevant work experience. Strong leadership and organizational skills are essential.
  • You will manage the Income processing team, provide expert advice, ensure operational compliance, support automation needs, oversee performance management, and develop organizational goals.

Requirements

  • - Excellent oral and written communication skills are required
  • - Extensive knowledge of Income event types across major markets
  • - Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members towards the goals set
  • - A College or University degree and relevant work experience is required
  • - Management experience is required

Responsibilities

  • Responsible for managing the Income processing team
  • Develops and maintains specific subject expertise and advises business management, and relevant third parties
  • Provides advice to internal clients on the implications of business trends, issues, operating environment changes and firm or business unit strategy
  • Responsible for interacting with various business areas to determine automation needs and provide ongoing systems support
  • Ensures operational risk procedures are adhered to
  • Operates independently; has in-depth knowledge of business unit / function
  • As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level
  • Carries out activities that are large in scope, cross-functional and technically difficult
  • Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities
  • Conducts performance management and career development processes, provides input for staffing and disciplinary actions and provides hands-on training to staff
  • Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work

FAQs

What is the role of the Manager, Income Process at Northern Trust?

The Manager, Income Process is responsible for overseeing the Custody Income team, managing proceeds for custody clients, ensuring accurate client projections and payments, and adhering to operational risk procedures.

What qualifications are required for this position?

A college or university degree and relevant work experience are required, along with management experience.

What are the major duties of this role?

Major duties include managing the Income processing team, providing subject matter expertise, interacting with various business areas, ensuring operational risk procedures are followed, conducting performance management, and setting short-term priorities.

Is leadership experience required?

Yes, management experience is required for this role.

What skills are essential for this position?

Excellent oral and written communication skills, extensive knowledge of income event types across major markets, and strong leadership and organizational skills are essential.

How does Northern Trust support career development?

Northern Trust encourages movement within the organization, provides access to senior leaders, and emphasizes hands-on training to staff for career development.

Are there opportunities for professional growth within the company?

Yes, Northern Trust promotes a collaborative culture and provides opportunities for professional growth and development.

What is the working environment like at Northern Trust?

The working environment is flexible and collaborative, fostering an inclusive workplace where different working styles and needs are acknowledged.

Does Northern Trust accommodate individuals with disabilities?

Yes, Northern Trust is committed to providing reasonable accommodations to individuals with disabilities.

How can I apply for this position?

Interested candidates can apply directly through the Northern Trust career portal and discuss their flexible working requirements during the application process.

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Northern Trust Corporation

Dynamic careers. Brighter futures. Greater possibilities.

Finance
Industry
10,001+
Employees
1889
Founded Year

Mission & Purpose

Northern Trust is a leading global financial services company that offers a comprehensive range of asset servicing, investment management, and banking solutions to individuals and institutions. With a strong emphasis on client-focused services, Northern Trust aims to build enduring partnerships with their clients by providing tailored solutions and exceptional customer experiences. Their expertise in asset management, wealth management, and asset servicing enables them to deliver innovative and reliable financial solutions that help clients grow, preserve, and manage their wealth effectively. As a trusted financial partner, Northern Trust's purpose is to empower their clients to achieve their financial goals and navigate the complexities of the global financial markets with confidence and peace of mind.