Head of Fiduciary

4 weeks ago


Saint Peter Port, United Kingdom Northern Trust Corp. Full time

**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 GFO EMEA Head of Fiduciary (Guernsey) is a member of the GFO EMEA & APAC Management Team and Channel Islands Executive.

Management of Northern Trust Guernsey Fiduciary group, one of Northern Trust Channel Island’s three legal entities. Overseas Fiduciary business activities to ensure compliance with applicable laws and regulations. Responsible for monitoring delivery of Fiduciary services to ensure that a consistent and quality level maintained. Direct client and prospect interaction to provide Trust consulting services to high-net worth individuals and families. Collaborate with Sales, Lead Relationship Managers and other client service team members to integrate client service delivery. Contribute thought leadership in Fiduciary planning and mentoring of other partners. Engage with the professional advisor community to advance Northern Trust’s brand and reputation.

**The key responsibilities of the role include**:

- Oversight of management of Guernsey Fiduciary team
- Work directly with clients to develop an advisory relationship and gather information related to client’s financial
- circumstance’s and goals
- Determine client financial objectives, risk tolerance and capital requirements
- Facilitate implementation of sophisticated Trust plans based on the direction given by the client
- Interact with client’s other advisors and other Northern Trust service partners in the delivery of coordinated financial and wealth planning services
- Actively assist in the sales process and the identification of opportunities to expand client relationships
- Acceptance/decline of new business, resignation as trustee - review and recommend or otherwise new fiduciary business to the board, nominated director or other responsible party
- Contribute to Northern Trust Fiduciary thought leadership, including marketing resources
- Actively engage in the cultivation of professional advisor relationships, including attendance at and participation in professional conferences and professional advisor networks
- Operates independently; has in-depth knowledge of Fiduciary, business unit / function
- Represent Fiduciary business at compliance, risk and investment related committees; including Fiduciary Review Committee, Audit Risk Committee, Investment Oversight Committee. Arbitrate on contentious decisions
- Provide updates to relevant Boards and Committees on Fiduciary related business

**Skills/ Qualifications**:

- Strong knowledge of Fiduciary and Guernsey regulatory environment
- Understanding of the wealth, Investment, fiduciary and trust business
- Legal and accounting experience
- Technical knowledge of fiduciary, custody and ancillary services such as Asset Management, IRAS, Private Monitor, FX, etc..
- Structured communication skills: ability to communicate complex ideas top-down, ask targeted questions to arrive at solutions
- Highly flexible and adaptable to change, self-motivated and able to independently drive results
- Strong analytical skills: ability to analyse and synthesize large amounts of information into concise and structured output.
- Problem solving: think logically and deconstruct a larger problem into sub-components, prioritize issues and allocate resources
- Interpersonal skills: ability to engage diverse set of stakeholders, understand their viewpoints, build long-term relationships, create a collaborative and inspirational environment within the team

**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.

Reasonable accommodation:
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.


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