Network Manager

  • Location: London, England, United Kingdom
  • Salary: Competitive
  • Job Type: Full time

The Network Manager is responsible for the management of subcustodians, nostro banks and markets to support Northern Trust’s Asset Servicing and Payments business. Network Management is a risk management function and the position works as a member of the Europe, Middle East and Africa regional Network Management team.

The successful candidate will benefit from having:

Managing and developing relationships with assigned subcustodians and payment banks

Review of subcustodians/payment arrangements and service levels

Conduct on-site due diligence visits to subcustodians, central depositories and other market participants

Ensuring assets are protected and held through correct account structures

Managing market knowledge relating to the operational, legal, regulatory and infrastructure environment, and preparing/communicating relevant changes to internal and external partners

Provision of consulting services to internal/external partners seeking information and guidance to navigate through operational, regulatory and infrastructure issues associated with investing in global markets

Contribute to lobbying efforts to influence market change and developments

Support negotiation of legal documentation and lead fee reviews/negotiation

New market reviews to support expansion of Northern’s network coverage

Documentation and information management

Strategically and operationally support Northern Trust business units i.e. operations, client services, sales, product, securities lending etc.

Travel required 

Qualifications/ skills:

Good custody and securities operational knowledge

High energy and drive

Ability to work with external stakeholders

Demonstrate an understanding of Network Management through research or experience

Demonstrate risk management competency level

Interpersonal and professional communication skills (written and oral)

Demonstrate leadership/ownership skills

Organisation and time management proficiency

Ability to project manage 

Administration skills

Team player with a flexible attitude and adaptive approach

About Northern Trust 

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.


We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.


Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion. 


As of March 31, 2018, Northern Trust Corporation had:

$10.8 trillion in assets under custody/administration 

$8.1 trillion in assets under custody

$1.2 trillion in assets under management

$130 billion in banking assets


London, England, United Kingdom London England GB