Northern Trust
Financial Services
Manager,BankingOperations
Neural analysis suggests this role is
optimal for Manager candidates.
“Manager, Banking Operations at Northern Trust. Skills: Banking Operations, Regulatory Compliance, Risk Management, Team Leadership. Lead daily operations across Banking Operations. Oversee end-to-end execution of banking activities”
Industry & Context.
Problem-solving skills; Analytical skills; Reconciliation skills
What They're Looking For.
Must Have
Bachelor's degree in Accounting, Finance, or Business, 7+ years in banking operations or financial services, Knowledge of W-8/W-9 documentation, Knowledge of withholding and tax filings, Knowledge of Banking Deposit Accounts, Analytical skills, Reconciliation skills, Problem-solving skills, Ability to manage risk, Ability to manage controls, Ability to manage operational processes, Communication skills, Stakeholder management skills
What You'll Do.
Lead daily operations across Banking Operations
Oversee end-to-end execution of banking activities
Drive operational effectiveness
Ensure alignment with enterprise standards
Drive process improvement
Partner with technology and product teams
and workload planning
Foster a risk and control culture
Oversee deposit account maintenance
Ensure execution of deposit activities
Maintain compliance with applicable regulations
Oversee debit card operations
Ensure effective controls over card activity
Provide subject matter expertise on tax withholding
Ensure adherence to regulatory requirements
Oversee tax reporting and withholding
Oversee preparation and filing of Forms 945 and
Oversee general ledger and operational reconciliations
Monitor exceptions and discrepancies
Identify control gaps
Lead resolution and process improvements
Ensure adherence to audit standards
Serve as primary interface for internal audit
Lead coordination and remediation of findings
Act as liaison across stakeholders
How You'll Work.
Team & Collaboration
Partner with Compliance; Partner with Risk; Partner with Legal; Partner with Fraud; Partner with Payments; Partner with Wealth Management; Partner with technology teams; Partner with product teams; Coordinate with stakeholders
Communication Scope
Stakeholder management
Full Job Description
**_About Northern Trust:_** Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. **Summary** The Manager – Banking Operations is accountable for the execution, control environment, and regulatory adherence of core Banking Operations functions. This role ensures effective oversight of deposit, card, and regulatory activities while maintaining strong risk management and compliance with applicable requirements. The manager oversees deposit operations, debit card operations, and tax and regulatory processes supporting Wealth Management deposit products. As a key control owner and subject matter expert in tax withholding, the role partners with Compliance, Risk, Legal, Fraud, Payments, and Wealth Management teams to mitigate risk, ensure accuracy, and support audits and regulatory reviews. Leads a team responsible for execution and oversight of key Banking Operations functions, ensuring strong performance, risk management, and regulatory compliance. ### **Working Model: Hybrid** We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home. ### **Key Responsibilities** **Banking Operations Oversight** * Lead daily operations across Banking Operations functions, ensuring accuracy, timeliness, and adherence to service levels * Oversee end-to-end execution of banking activities, including account maintenance and exception management across deposit, card, and
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