Manager, Transfer Agency (UK New Business and Fund Activity) at Northern Trust | GB | Rezi

Manager, Transfer Agency (UK New Business and Fund Activity) at Northern Trust

Manager, Transfer Agency (UK New Business and Fund Activity)

Northern Trust · GB

2 days ago

Manager, Transfer Agency (UK New Business and Fund Activity)

Northern Trust · GB

3 days ago
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About the Role

The Manager leads the UKTA New Business & Fund Activity Team, accountable for the governance, control, and delivery of its portfolio. The team manages new-client onboarding, client and fund offboarding, and fund lifecycle activity. This role ensures priorities are clear, resources are allocated, risks are managed, and activity is delivered to the required quality and timeline.

Responsibilities

  • Lead, motivate, and develop the UKTA New Business & Fund Activity Team, setting clear priorities, objectives, and standards.
  • Allocate new business, fund activity, transition, and change assignments based on complexity, risk, capacity, and capability.
  • Maintain oversight of delivery plans, milestones, dependencies, testing, approvals, and operational readiness.
  • Ensure skilled and appropriately authorized Partners are assigned to lead and independently review activity.
  • Maintain an effective control environment covering ownership, segregation of duties, quality review, evidence retention, issue management, and escalation.
  • Provide governance and constructive challenge over client and fund setup across relevant transfer-agency systems.
  • Ensure procedures, checklists, runbooks, operating models, and lessons learned remain current, accessible, and embedded.
  • Oversee requirements, solution design, testing, defect management, implementation, and post-implementation review.
  • Provide clear management reporting on portfolio status, capacity, risks, issues, dependencies, and outcomes.
  • Own workforce planning, including recruitment, onboarding, succession planning, cross-training, and contractor support.
  • Set individual objectives and hold regular performance, development, and coaching discussions.
  • Build an inclusive, collaborative, and high-performing team culture.
  • Maintain effective relationships with clients and colleagues across Fund Accounting, Technology, Custody, Depositary, IOO, Product, Risk, and Compliance.
  • Oversee dependencies and risks associated with external providers and vendors.
  • Sponsor improvements that strengthen controls, enhance client outcomes, increase efficiency, and reduce operational risk.
  • Act as the senior escalation point and decision-maker for complex or high-risk activity.

Requirements

  • Strong knowledge of Northern Trust, UK transfer agency, the relevant regulatory environment, and UKTA products and services.
  • Proven people-management experience, including objective setting, coaching, development, recruitment, performance management, and workforce planning.
  • Experience leading teams responsible for complex new business, fund activity, operational change, transitions, or comparable delivery portfolios.
  • Ability to govern multiple concurrent assignments through structured planning, reporting, risk management, and timely escalation.
  • Strong client and stakeholder-management experience within financial services.
  • Experience overseeing requirements, process design, testing, implementation readiness, and post-implementation review.
  • Strong understanding of operational risk, controls, incident management, regulatory obligations, and audit-ready evidence.
  • Experience coordinating distributed teams and delivery across multiple functions, locations, and external providers.
  • Strong analytical, prioritization, communication, presentation, and negotiation skills.
  • Evidence of delivering sustainable process improvements and embedding lessons learned.
  • Applicants must have the right to work in the United Kingdom at the time of application and for the duration of employment.
  • Northern Trust is unable to provide visa sponsorship for this role.

Skills

  • People management
  • Objective setting
  • Coaching
  • Development
  • Recruitment
  • Performance management
  • Workforce planning
  • Team leadership
  • Complex new business management
  • Fund activity management
  • Operational change management
  • Transition management
  • Delivery portfolio management
  • Structured planning
  • Reporting
  • Risk management
  • Escalation
  • Client management
  • Stakeholder management
  • Process design
  • Testing
  • Implementation readiness
  • Post-implementation review
  • Operational risk management
  • Control management
  • Incident management
  • Regulatory compliance
  • Audit-ready evidence
  • Distributed team coordination
  • Cross-functional delivery
  • Vendor management
  • Analytical skills
  • Prioritization skills
  • Communication skills
  • Presentation skills
  • Negotiation skills
  • Process improvement
  • Lessons learned embedding

Location

  • United Kingdom

Work Type

  • Full-time
  • Permanent
  • Monday to Friday
  • Hybrid

Experience Level

  • Manager

Benefits

  • Time Off in Lieu for approved weekend work

About the Company

  • Northern Trust is a global leader in innovative wealth management, asset servicing, asset management, and banking services.
  • Founded in 1889, the company is guided by principles of Service, Expertise, and Integrity.
  • With over 135 years of financial experience and more than 24,000 partners, Northern Trust serves sophisticated clients using leading technology and exceptional service.
  • Northern Trust offers a flexible and collaborative work culture with a strong history of financial strength and stability.
  • Movement within the organization is encouraged, senior leaders are accessible, and the company is committed to an inclusive workplace and community assistance.
  • Philanthropy is deeply rooted in Northern Trust's history and is an essential element of its culture.

Equal Opportunity

  • Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities.