Head of Asset Management Trading Surveillance

Northern Trust Asset Management - Business Overview
Northern Trust is one of the world's largest asset management firms with $1 trillion in assets under management across a range of investment strategies. Thoughtful investors worldwide are making Northern Trust their asset manager of choice because they develop the answers clients need for today's challenging world. They have a level of client dedication and collaboration clients can't find anywhere else and are anchored by renowned integrity and stability. Their investment process combines exhaustive research and vigilant risk management to provide a solid foundation for investing, and they also have an integrated technology platform and processing infrastructure that work around the clock and around the globe.
The Head of NTAM's Trade Surveillance Program will be the key person on the Northern Trust Asset Management Compliance team leading the onboarding, implementation, and operation of a global trade surveillance function. Major responsibilities will include overseeing the vendor relationship during application onboarding, overseeing the application once it is implemented, leading investigations into trading activity where warranted, and supporting compliance as a trading subject matter expert.
More specific responsibilities include:
• End-to-end leadership of the onboarding of a vended trade surveillance system and development of a global trade surveillance function
• Oversee and manage the trade surveillance application, including functioning as a subject matter expert on the application's capabilities, alert parameters, and interactions with other systems
• Regular oversight, analysis, and adjustment of the application's parameters, such as alert thresholds and user access
• Coordinate with technology partners to investigate and resolve data errors or other application issues
• Act as a point of escalation for other team members conducting initial reviews of alerts, or performing primary reviews of surveillance alerts;
• Communicate with trading and investment teams to determine whether trading alerts are false positives or indicative of policy or regulatory violations;
• Support non-U.S. trade surveillance and trade reporting regulatory requirements
• Support other asset management compliance initiatives such as policy design and effectiveness testing, particularly those which are focused on trading

• Minimum of 10 years of experience as part of or supporting a trade desk, trade control, or trade surveillance function
• Substantial experience with equity, fixed income, FX, futures, and derivatives trading, and regulatory requirements governing those activities.
• Technical expertise with order management systems such as Aladdin
• Experience with data governance and with resolving data quality and data transmission issues in complex operating environments.
• A team-oriented and flexible approach toward supporting the business.