Principal, Tech Portfolio & Business Adminstration

About the role

Founded in Chicago in 1889, Northern Trust is one of the world's leading financial institutions. We specialize in providing asset servicing solutions and asset management to both institutional and personal clients. The delivery of products and services to this client base is supported through a network of offices in more than 40 countries around the globe. We believe our most valuable asset is our engaged, empowered, and diverse workforce. As a global institution, Northern Trust is committed to building upon this diverse talent through encouraging innovative thinking and personal courage in an inclusive environment. Northern Trust's commitment to diversity & inclusion is evident in our internal initiatives for which we have won several globally recognized awards. NT is seeking a Principal for business administration for IT Infrastructure organization in India. This individual-contributor role dual-reports to 1) Head of Infrastructure for APAC in India, and 2) the Global Practice Lead for Infrastructure administration and portfolio management. Position : Principal, Tech Portfolio & Business Adminstration Location : Pune This role will be part of the APAC Infrastructure leadership team, and will coordinate and execute capital planning for APAC; facilitate leadership meetings, oversee department projects and key initiatives, coordinate the department communications. This role will spend more than 50% of time on duties associated with management of a sizeable capital investment portfolio. Beyond capital management, this role focuses on ensuring effective and efficient execution of the APAC Infrastructure group's functions through support in planning and execution of complex initiatives involving multiple disciplines. Displays a balanced, cross-functional perspective, helping to improve efficiency, effectiveness and productivity. Job Functions: Financial Management Manages and oversees executes and coordinates the APAC-owned components of global infrastructure capital plans to ensure accurate forecasts are maintained and teams are managing within plan Partners with the Global head of Infrastructure capital planning, acting as backup and complementing follow-the-sun considerations (eg APAC taking over from US team when managing to tight reporting deadlines) Monitors time card reporting to ensure appropriate and accurate time allocation Participates in regional financial operating expense planning including forecasting and tracking expense related to APAC-led initiatives APAC Infrastructure Goals Planning and Execution Supports Infrastructure strategic planning including annual goal-setting; ensures measurable goals are set and priorities based on the direction and follows through to monitor execution and validation that objectives are sustainably met Along with leadership, drives execution of agreed transformation roadmaps to optimize the vision of a best in class organization. Managed Service Provider (MSP) Management Partner with Infrastructure Vendor Governance to support oversight of performance of MSPs Local liaison and relationship management with MSP account management and tower leads Foster and measure levels of engagement between MSPs and NT towers Resource management and access management/review of APAC-based MSP account management personnel Staff & Talent Management Provides administrative guidance to internal staff on behalf of the APAC Infrastructure Head and Global Infrastructure CAO, including referrals to HR on staff matters. Assists with escalation management to ensure clear path of resolution. In partnership with HR, captures, builds plans to monitor, and closes, skills gaps across all Towers (see below bullet also) Closely tracks and drives recruiting on approved posts across teams, to close skills gaps locally and execute on agreed global infrastructure hiring goals. Tracks and manages staffing needs eg back fills of departed employees Ownership of pre-hire engagement program for APAC Infrastructure candidates, keeping newly recruited talent engaged with NT prior to start date Orchestrates APAC Infrastructure leadership team meeting agenda, and tracks meeting outcomes to completion. Leads APAC Infrastructure department recognition programs, encourages positive and inclusive partner experience focusing on participation, teamwork and communication. Supports the department talent management and succession