Global Cash Management Specialist

6 days ago


London, Greater London, United Kingdom Northern Trust Corporation Full time

About Northern Trust


Northern Trust, a Fortune 500 company, is a globally recognized financial institution with over 130 years of experience providing innovative financial services and guidance to the world's most successful individuals, families, and institutions.


We pride ourselves on our enduring principles of service, expertise, and integrity, which enable us to remain true to our core values while driving growth and success for our clients.


Job Overview


This role will work closely with our Treasury team to implement and ensure processes are in place to support both our Central Bank and Sub Custody relationships. You will collaborate with multiple business units within Northern Trust, including operational areas, Client Services, Product, and Change Management across global regions.


The ideal candidate will possess strong analytical skills and be able to make difficult decisions with multiple competing deadlines. This role requires establishing a strong control environment, engaging in Risk & Control Self Assessments (RCSA), Business Continuity, Audit, and CASS assurance.


Key Responsibilities


You will be responsible for managing Liquidity and Cash Management operational activities arising from the implementation and transitioning of Northern Trust agent banks/sub custodians. This includes ensuring the smooth management of liquidity and cash flows between legacy models and strategic models, meeting client expectations, and managing reputational and regulatory requirements.


You will also support our offshore Cash Operations team as oversight and point of escalation for Cash Product, Interest, and Claims related queries.


Skills and Qualifications


To succeed in this role, you should have:



  • Prior knowledge of Cash liquidity Management, payment flows, Interest Claims, or general cash custody products.
  • Demonstrated understanding of Global Custody and related Securities Industry Cash processing.
  • Balancesheet awareness.
  • Oversight experience with a demonstrated ability to make difficult decisions.
  • Direct partners to accomplish team goals and ensure work is completed.
  • Excellent communication skills – verbal, non-verbal, and written.
  • Proven ability to take ownership for own actions and outcomes and work with minimum supervision.
  • Demonstrated experience utilising an innovative approach to problem-solving with solid analytical and organisation skills.
  • Demonstrated ability to understand the need to have risk mitigation to meet internal and external compliance and regulatory expectations and pro-actively strengthen the control environments.

Salary Range


We offer a highly competitive salary range of $80,000 - $110,000 per year, depending on your level of experience and qualifications.



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