Manager, Fund Governance Solutions (FGS)
The Fund Governance Solutions Group combines Regulatory Administration and Compliance Support resources to support our client’s regulatory needs. These groups are made up of experienced industry professionals, including attorneys, who are able to work with our client’s internal teams to plan filings, provide support on non-routine matters including proxy campaigns and fund reorganizations, as well as distribution and intermediary support.
The Manager, Fund Governance Solutions position will be responsible for direct oversight of a team of individuals responsible for the documentation and preparation of complex regulatory filings and reports; the drafting and preparation of Board and committee materials; and the oversight of team activities related to Board and committee meeting support, disclosure, and new fund or product launches
Major Duties may include:
Oversees the workflow of the team including but not limited to disclosure and regulatory filings, board support, compliance and non-routine regulatory items. Ensure the timely and accurate delivery of all service level requirements.
Interfaces with clients including attendance at board meetings. May serve as main point of contact for some clients and serve in official capacity when needed in relation to their funds
When needed, review the work performed by the group and serve as subject matter expert for compliance and related SEC rules and regulatory developments
Acts as point of contact for regulatory examinations and internal and external audits of fund governance related topics
Assist with regulatory filings (i.e. registration statements, financial reports, proxy materials, Forms N-Q, N-CSR, N-CEN, N-CR, N-PX and 24f-2, etc.), board support (i.e. drafting agendas, notices, resolutions and planning and preparation for meetings), onboarding of new clients and other matters when circumstances dictate.
Conducts performance management and career development processes, provides input for staffing and disciplinary actions and provides hands-on training to staff
Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work.
Provides input and support to budget management process.
Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members towards the goals set.
Excellent oral and written communication skills are required.
Ability to work under pressure and prioritize competing tasks that require the highest level of attention to detail and accuracy.
Ability to establish good working relationships with clients, members of Boards of Trustees, Fund counsel, chief compliance officers, auditors and financial printers.
Knowledge of the Investment Company Act of 1940, as amended, is required.
Excellent organizational and project management skills are required.
Analytical and problem-solving skills are required.
Must have a working knowledge of security types and investment mandates.
Knowledge of mutual fund operations is preferred.
Must be highly flexible and adaptable to change
A College or University degree in Business Administration, Finance, Economics, Accounting, or related field and/or relevant proven work experience is required. A JD is preferred but not required. A minimum of 5 years of experience working for a mutual fund organization (adviser or otherwise), a mutual fund administrator or service provider, the investment management practice of a law firm, or with the SEC or other regulatory agency is required.
About Northern Trust:
Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
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 that is committed to strengthening the communities we serve!
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021:
Gender Equality Index Member, Bloomberg
Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine
We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.