Graduate Depositary Operations Analyst
Northern Trust · Limerick, Ireland
About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Role/ Department:
This is an exciting opportunity to join the Depositary Operations team in Limerick in a graduate/entry-level position. Working under direct supervision, the successful candidate will support the delivery of Depositary Operations services in line with applicable regulations and the requirements of each fund’s constitutional documentation.
The role provides an opportunity to build knowledge of the funds industry, develop technical and analytical skills, and gain practical experience across key areas of depositary oversight. Full guidance and support will be provided as the successful candidate develops proficiency across the role.
The key responsibilities of the role include:
- Provide Depositary Operations services to non-complex funds, with appropriate supervision and guidance.
- Develop knowledge and understanding of relevant fund regulations and depositary requirements.
- Prepare fund board reports and monthly reports for review.
- Complete allocated testing as part of the on-site inspection process.
- Perform fund Net Asset Value (NAV) reviews.
- Support investment restriction oversight, including maintaining and updating breach registers.
- Complete assigned tasks in line with established procedures, controls and deadlines.
- Identify and resolve routine issues, escalating more complex matters to supervisors or subject matter experts where required.
- Use initiative and sound judgement when completing day-to-day responsibilities.
- Work effectively both independently and collaboratively as part of the wider team.
- Develop knowledge of the core responsibilities of Depositary Operations and work towards proficiency across key areas of the role.
Skills/Qualifications:
- A college or university degree is preferred. Graduates from a range of disciplines are encouraged to apply, particularly those with an interest in financial services, funds or financial markets.
- Good written and verbal communication skills.
- Strong analytical, problem-solving and attention-to-detail skills.
- An interest in developing knowledge of the funds and financial services industry.
- Good organisational skills and the ability to manage tasks within established procedures and control frameworks.
- Comfortable working with systems and technology, with a willingness to develop technical knowledge.
- Ability to work effectively both individually and as part of a team.
- Previous financial services or funds experience is advantageous but not essential for this graduate-level opportunity.
- A relevant professional qualification, such as ACCA, Certificate or Diploma in Mutual Funds, or studying towards a relevant qualification, would be advantageous but is not required.
Work Authorization
Applicants must have the right to work in Ireland at the time of application and for the duration of employment.
Please note that Northern Trust is unable to provide employment permit sponsorship for this role. This includes Critical Skills Employment Permits, General Employment Permits, Intra-Company Transfer Employment Permits, Stamp 1G permissions, and other employment permits under Irish immigration frameworks.
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.