Global Head of Foreign Exchange Operations | London, UK

Global Head of Foreign Exchange Operations

Global Head of Foreign Exchange Operations

Northern Trust London, United Kingdom

Apply now

Posted 5 hours ago Permanent Competitive

Global Head of Foreign Exchange Operations

Northern Trust London, United Kingdom

Apply now

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 :

Responsible for managing NTS Global Foreign Exchange (FX) and Treasury Operations, providing leadership, guidance, planning, direction, and control to the FX operations teams. Oversees and directs activities, ensuring that resources are available to accomplish the business objectives. Develops, implements, and communicates an overall strategy in collaboration with the global FX leadership team and regional department heads.

The key responsibilities of the role include :

• Develops, implements, and communicates an overall strategy to meet both the Business Unit's and Corporation's strategic plan. Directs the activities of those areas toward accomplishing those objectives by turning strategic intent into tactical plans.
• Focuses on building and maintaining a premier FX Operations team with an elevated level of client service, in line with NT's corporate values of Service, Integrity and Expertise.
• Maintains strong relationships with the FX sales, trading, and client service teams to better meet the needs of the client.
• Promotes cross-regional co-ordination of activities and standards.
• Drives an attitude of continuous improvement within the global team, encouraging innovation and the search for productivity gains and cost reductions.
• Encourages an environment of employee participation, teamwork, and open communication.
• Ensures adequate systems and controls are in place such that all functions in area of responsibility :
• Comply with all legal and statutory requirements applicable, including but not exclusively CFTC, MAS, ESMA and MIFID regulations, employment legislation, health and safety and corporate governance.
• Comply with any applicable corporate policies, local standards, and service agreements.
• Ensures FX compliance with NTS accounting policy and various reporting's including SOX and 2052a.
• Balance the interests and requirements of clients and the bank.
• Ensures conformity with Treasury, Balance sheet and Credit risk requirements.
• Assumes responsibility for overall risk management, including business continuity and recovery across Global FX Operations.
• Sponsorship / management of projects with relevance to Global FX Operation.
• Acts as the senior client-facing Operations presence for Global FX, in prospective client pitches, due diligence visits, strategic initiatives or significant incidents.
• Guides on FX role in a global custodian, ensuring representation in all aspects.
• Represents Operations on applicable internal committees and councils including but not limited to FX Risk Council, SWAP Dealer Council and other internal governance forums.
• Represents NTS FX Operations on industry committees including GFXD, FXJSC and participates in other industry development bodies in example CLS and the FX Code.
• Acts in accordance with the FCA conduct Rules and Northern Trust Fitness and Propriety Persons expectation.
• Demonstrated experience in increasingly senior roles.
• Experience in senior roles within a major company in the same business sector.
• Effective communicator with the ability to articulate and develop an argument in an environment of assertive executive directors.
• Skills in translating broad strategic intent into tactical plans and directions.
• Detailed knowledge of industry obligations, FX regulations, balance sheet regulation and controls.

Skills / Qualifications :

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 MyHRHelp@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.

As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq : NTRS) is proud to guide the worl...

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