Overview
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution with a history of operation since ****.
The organization provides innovative financial services and guidance to high-net-worth individuals, families, and institutions, guided by service, expertise, and integrity.
With more than 130 years of financial experience and over 22,000 partners, it supports sophisticated clients using leading technology and exceptional service.
Role / Department
Role: Pre-Approval Controlled Functions (PCF) Chief Operating Officer (PCF-42), subject to Central Bank of Ireland approval.
The individual will manage the operations of the Banking and Markets activities for the Northern Trust Company Ireland Branch (TNTC-IB).
Note:
Subject to CBI authorisation.
Job Description / Responsibilities
Execute the day-to-day COO responsibilities for TNTC-IB in accordance with the PCF-42 Statements of Responsibilities.
Assess the end-to-end operating and resiliency environment and oversee key initiatives and projects.
Collaborate with the wider leadership team and Branch Manager to identify, communicate, and implement business priorities.
Oversee transactional banking services and the provision of multi-currency accounts to support streamlined cash management (payments, receipts, and deposit balances).
Oversee lending/credit facilities to assist qualified clients with short-term cash flow needs, longer-term financing, and liquidity management for day-to-day operations.
Oversee agency securities lending offerings for clients domiciled in Ireland with access to Northern Trust's global borrower network and lending options.
Oversee FX trading solutions and related activities.
Oversee the sponsored repurchase agreement market with Fixed Income Clearing Corporation.
Oversee transition management services to clients, coordinating with key parties to achieve successful implementations.
Partner with 1st and 2nd lines of defence to ensure adherence to operational, regulatory, and corporate guidelines, policies and procedures.
Enhance and maintain processes to provide clear evidence of challenge, review, and decisions for key operational functions.
Prepare and deliver clear, concise, and actionable reporting to senior leadership and governance committees.
Oversee management information and reporting, ensuring relevance to the business environment and governance, including regulatory changes.
Maintain knowledge of risk and regulatory requirements, collaborating with Risk and Compliance to ensure adequate systems and controls for compliance with legal and statutory obligations.
Oversee and sponsor (where appropriate) key initiatives including business and regulatory change.
Participate in the development of strategic plans, goals, and priorities based on the direction of the business.
Provide leadership and guidance to staff, fostering teamwork and effective communication.
Represent the corporation during regulatory interactions and audits/examinations, providing required documentation and responses.
Culture
Develop and maintain organizational culture, values, and reputation with partners, clients, suppliers, counterparties, and regulatory bodies.
Set the tone from the top to promote ownership and responsibility in line with the Central Bank (Individual Accountability Framework) Act **** Conduct Standards.
Model behaviours aligned with the global conduct framework and uphold the company's values and ethical standards.
Knowledge
Thorough knowledge of applicable laws, regulations, and risk mitigation techniques, typically gained through formal education and experience.
Leadership and organizational skills to set unit goals, determine resources, and develop staff capabilities.
Experience
Strong interpersonal and communication skills with the ability to influence at all levels, including senior leadership.
Detailed experience in financial services, including regulatory and banking experience.
Self-motivated with collaboration and influencing abilities.
Ability to handle pressure, manage multiple tasks, meet deadlines, and adapt to change; comfortable with ambiguity.
Excellent critical/creative thinking, decision-making, and problem-solving skills.
Confidence in decision-making and conflict resolution.
High adaptability and flexibility.
Note: This role is subject to the Senior Executive Accountability Regime (SEAR), imposing a legal Duty of Responsibility on persons carrying out this PCF role.
Working With Us
We'd love to learn how your interests and experience could fit with one of the world's most admired and ethical companies.
We support personal and career goals in several ways:
Financial
– Life Assurance, Disability Plan, Pension/Gratuity, Annual Pay Review
Work Life Balance
– Flexible Work Options, Incremental Annual Leave, Community Volunteer Days
Health & Wellbeing
– Private Medical Insurance, Active Sports & Social clubs, Employee Assistance Program
Professional Development
– Clear Career Path, Education Assistance, NT University and diversity/inclusion initiatives
And Finally
– 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.
For further information and to apply, please visit our website via the "Apply" button below.
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