Luxembourg Job Openings

Northern Trust Corp.

New Business Service Delivery Manager

FULL TIME

September 18, 2024

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.

Role/ Department:

The EMEA new business team is responsible to completes over 350 projects per year. As part of this team the successful candidate will be dedicated to a strategic new Private Capital client.

The successful candidate will manage co-ordinator between internal NT parties and external parties to facilitate the project management of:

o Private Capital Fund launches from various fund jurisdictions

o Fund company restructures

Key Strategic Client Profile:

Large EMEA head-quartered global private markets firm with $165 BN AUM
Open (semi-liquid) and Closed-Ended Products – serviced in Luxembourg, Guernsey, UK, Aus
NT Service Scope - Fund Accounting, Transfer Agency, Custody, Depositary and Corporate Secretarial
NT assigned as global semi liquid provider – (45 Funds - Luxembourg, Guernsey, UK and Aus)
Multiple streams running concurrently with competing priorities, including a busy new fund launch schedule
Client’s investor base is predominantly large institutions and private wealth, but have a view to target retail clients

The key responsibilities of the role include:

Single point of contact and responsible for co-ordination of new business across the EMEA relationship
Co-ordinate Fund launches and transitions with wider EMEA teams
Scope the project and critical path with Client and relevant NT departments.
Agrees product ‘standards’ with client, and communicates non-standard aspects of the product request
Project Manager is the key point of contact with the Client for the duration of the project
Chair project meetings and document actions/updates. Ensure new business take on teams are taking ownership of their tasks.
Report and escalate to Senior Management on any risks and critical tasks from plans that are outstanding
Interact and update with client executive, EMEA senior management
Liaise with Client Product Team
Understand various Operational models being implemented
Regular meetings with Luxembourg COO & Client Executive

Knowledge :

Excellent oral and written communication skills are required
In-depth Functional / Industry Knowledge is required
Highly flexible and adaptable to change
Leadership and organizational skills

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #Made For Greater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at

My HRHelp@ntrs.com

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 and together we can achieve greater.

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