Custody Tax Processing Supervisor
4 days ago
About Us
Northern Trust is a leading global financial institution that has been in continuous operation since 1889. We pride ourselves on providing 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.
The Team Lead will be responsible for managing a team of focused individuals, organizing their work, assigning tasks, and monitoring activities to ensure timely and accurate completion of the work.
The key responsibilities of this role include:
- Manage a team of skilled professionals
- Organize work, assign tasks, set priorities, and monitor activities
- Possess leadership and organizational skills to prioritize assignments and provide feedback to staff
- Manage operational risk through identification of risk points, adherence to procedures, and maintenance of adequate skilled resources
- Ensure timely and accurate processing of tax reclaims
- Monitor and close out all queries within required deadlines
- Engage with Global Sub Custodians and Tax Agents
- Participate in Operational Risk Assessments
- Track and monitor tax technical changes
- Deliver regular MIS reports to Management as required
Skills and Qualifications:
- Strong time-management skills
- Excellent communication and organizational skills
- Fundamental technical knowledge of Tax Operations
- Leadership skills
- Track record of implementing process improvements
- Awareness of risk management
- Understanding of custodial responsibilities
- Prior tax experience in Financial Services area would be an advantage
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