Northern Trust
Financial Services
NetworkManager
Neural analysis suggests this role is
optimal for Manager candidates.
“Network Manager at Northern Trust. Skills: Network management, Risk management, Relationship management. Oversee management of subcustodians. Oversee management of account operators”
Industry & Context.
Travel required
What They're Looking For.
Must Have
Proven knowledge global custody, Demonstrated expertise global custody, Extensive technical business knowledge, Extensive functional expertise, Ability to lead external relationships, Ability to manage external relationships, Demonstrate risk management competency, Exceptional written communication skills, Exceptional oral communication skills, Demonstrates leadership, Demonstrates ownership, Effective prioritization of tasks, Manage competing deadlines, Maintain high-quality output
Nice to Have
Experience with digital assets
What You'll Do.
Oversee management of subcustodians
Oversee management of account operators
Oversee management of central depositories
Oversee management of payment banks
Oversee management of securities markets
Manage and develop relationships with agent banks
Manage and develop relationships with third-party network providers
Manage service levels with third-party providers
Perform due diligence risk assessments
Perform onsite visits
Maintain risk management benefits
Maintain relationship benefits
Maintain expertise benefits
Expand relationship generation
Strengthen market operation expertise
Support market advocacy
Ensure assets are protected
Ensure assets are held through correct account structures
Manage local market environment
Prepare relevant changes
Communicate relevant changes
Provide consulting services
Navigate operational conditions
Navigate regulatory conditions
Navigate infrastructure conditions
Contribute to lobbying efforts
Influence market change
Influence market developments
Lead commercial engagement with providers
Maximise financial value
Drive negotiation of legal documentation
Support negotiation of legal documentation
Perform market provider RFPs
Perform new market reviews
Support expansion of network coverage
Support market evolution
Support digital assets
Foster education in market evolution
Foster education in digital asset evolution
Identify opportunities with agent banks
Identify opportunities with market infrastructures
Identify opportunities with other market entities
Strategically support business units
Operationally support business units
How You'll Work.
Team & Collaboration
Cross-functional teams; Internal stakeholders; External stakeholders; Clients; Management
Communication Scope
Presenting to subcustodians; Presenting to clients; Presenting to stakeholders; Presenting to management; Written communication; Oral communication
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. ### Network Manager Job Description Position: Network Manager **Department:** Network Management **Reporting To:** Regional Head of Network Management, APAC ### Major Duties The Network Manager oversees the management of subcustodians, account operators, central depositories, payment banks, and securities markets across our global network to support Northern Trust’s asset servicing business. Key responsibilities of the Network Manager role include: strategic management of network relationships, risk management, lead commercial strategy with providers, technical leadership, driving market change, and developing market models that support both client needs and the bank’s strategic objectives. The Network Management is part of the Strategic Partnerships, Digital & Financial Markets Group. The open position sits within the Asia Pacific (APAC) regional Network Management team. **Responsibilities** * Managing and developing relationships with all agent banks and third-party network providers e.g. subcustodians, account operators, central depositories, tri-party agents, payment banks, and contingency providers. * For all third-party providers, manage service levels and perform due diligence risk assessments. * Perform onsite visits (travel required) to maintain core risk management, relationship and expertise benefits, expand relationship generation, strengthen expertise on how markets operate, and s
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