Manager, Transfer Agency

Northern Trust Corp; Limerick; On-site; EUR 60,000 - 80,000; Full time

Job summary

Northern Trust Corp is seeking a Manager for its Transfer Agency based in Limerick, Ireland. This role involves overseeing the Settlements team, ensuring all payment transactions are executed accurately and comply with regulatory standards.

The ideal candidate will have significant management experience in Transfer Agency operations, demonstrate strong leadership skills, and possess excellent communication capabilities. Join a prominent financial institution committed to integrity and service.

Qualifications

• Significant experience in a management role in Transfer Agency.
• Proven people management and change management skills.
• Thorough understanding of the regulatory requirements.

Responsibilities

• Lead the Settlements team for Transfer Agency payment activities.
• Ensure compliance with regulatory, client, and internal control requirements.
• Aid in technical expertise and problem resolution for clients.

Skills

Management in Transfer Agency

Leadership

Excellent communication skills

Problem-solving

Financial services knowledge

Job description

## Manager, Transfer AgencyApplylocations: Limerick, Irelandtime type: Full timeposted on: Posted Todayjob requisition id: R150424**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.RoleReporting to Ireland Transfer Agency Reconciliations, Settlements and Banking Services Manager, the Settlements team Manager will lead a multi-location team responsible for the end-to-end oversight of Transfer Agency Payment Activities, ensuring all investor transactions are executed accurately within strict deadlines and in full compliance with regulatory, client and internal control requirements. The role provides operational leadership across Ireland and offshore teams with accountability for risk, controls, service delivery, and continuous improvement. Principal Responsibilities* Responsible for the day-to-day delivery of payment processing in adherence with Anti-Money Laundering/Data Protection and Regulatory Reporting standards* Ensure all payments are completed accurately and within defined currency and cut-off deadlines* Oversee daily processing, queues, and exceptions* Drive adherence to client SLAs and internal KPIs* Develops periodic goals, prepares/monitors schedule of assignments to ensure all tasks are completed within the established timeframes, organizes team’s workload, sets short-term priorities, monitor all activities, and ensures timely and accurate completion of the work.* Ensures excellent communication between Ireland Teams and our counterparts in India. Ensures India partners are kept up to date on all projects/changes and that they are part of the planning & decision-making process* Provides technical expertise for new accounts/funds and oversees new accounts on an on-going basis to ensure that client needs are met.* Assists clients, and partners with complex problem resolution. Consults on effective ways to meet client needs or appropriate method to be used for resolution of an error.* Develops procedures for effective handling of new situations. Ensures that operating procedures have been established and staff adhere to procedures. Enhances current procedures to improve the productivity of the section.* Prepares daily/weekly/monthly Management Reports. Gathers, compiles, and analyses data.* Reviews work for accuracy and ensure that teams adhere to client specifications. Communicates directly to staff on errors uncovered or processes in need of improvement and directs staff on the appropriate action.* Maintains technical knowledge of operations and how operation relates to other operating areas.* Performs operational activities where volume or absence warrants.* Ensures all Incident Reporting completed within the required deadlines to a high standard and that preventative measures are identified/implemented understood by teams and procedures updated accordingly.* Constant analysis of errors and near misses with a view to eliminating trends* Attend Client meetings. Take part in the preparation and presentations to clients.* Responsible for keeping Accounts Servicing Losses to a minimum* Own and manage operational risk events, escalations and remediation actions* Lead audit readiness and represent Settlements during audits* Ensure a pass rating achieved in all AuditsSkills / Experience* A thorough understanding of the funds administration business, with an in-depth knowledge of day-to-day Transfer Agency operations* Significant track record in a management role in a Transfer Agency/Shareholder Services function* Proven people management and change management skills* Knowledge of legal and regulatory environment to develop procedures and policies* Demonstrated leadership and team-building qualities and the ability to motivate a team* Excellent communication, first class presentation and internal and external client-servicing skills* Ability to lead and manage projects and system development as required* Provide training and coaching to team members as and when required* Concern for Quality, the adherence to Standards & Procedures and the promotion of best practices* Demonstrates an excellent understanding of effective risk management* Ability to work under pressure meeting challenging deadlines* Thorough understanding of the variety of IT platforms, software systems and interfaces associated with the function* Understanding of Banking Requirements* Effective verbal reasoning and numeric skills* Excellent planning and organisational skillsCore Competencies* Interpersonal (*relationship building, respectful, problem solving and understanding*)* Communication (*listening skills, oral communication skills, information sharing and written communication skills*)* Self-management (*adaptability, integrity, learning and trust builder*)* Motivation (*closure and result seeking*)* Thinking (*decision making, idea generation, inclusion and problem solving*)* Organisational Knowledge (*current knowledge, knowledge and understanding*)* Client Service and Quality (*quality, relationship building and client satisfaction*)* Administration (*coordination, execution, planning and time management*)* Leadership (*direction, idea generation, knowledge sharing and team recognition*)Accountabilities* Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role.* Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organised and controlled.* Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties.**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. #MadeForGreater**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 [e-mail] 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.