Additional Information
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
alternative fund services- Consultant, PRIVATE EQUITY
Founded in Chicago in 1889, Northern Trust is one of the world's leading financial institutions. We specialise 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 around the globe.
Role
SME role in performing end to end Accounting, transfer agency activities in Private Equity
Performs consulting role as a liaison between Accounting Team and key stake holders. Acts as a primary reviewer performing reviews of different activities within the business
MAJOR DUTIES AND RESPOSIBILITIES
Establishes and develops plans that are thorough, realistic, and effective in meeting goals; Incumbent will be responsible for managing available resources and work allocation.
Responsible for maintaining high standard of accuracy and timeliness for all deliverables.
Shows a sense of urgency; drives to closure; persists despite obstacle; strives to achieve results; pursues challenging goals and works hard to achieve them.
Coordinating with the onshore team on Migrations, working closely with Managers for on-boarding new transitions.
Must have strong subject matter expertise along with thorough understanding of Investran application
Support and drive system changes and strategic initiatives - Elicit, analyse, outline and develop requirements by coordinating with business and technology teams.
Formulate application testing strategies and test plans, execute test cases (manual or automated) and troubleshoot defects.
Analyse operational procedures and processes, working with the PCA business to identify areas for automation, to reduce risk and improve efficiency.
Develop subject Matter Expert for REIF and Private Equity products and business by documenting and developing knowledge base and cross-training team members across regions.
Serve as a Change Advocate; establish trust within the corresponding business teams; gain enthusiasm within the teams. Performing quality assurance checks on information received internally from other supporting functions.
Maintain accounting system, reviewing all fund transactions and reclassifications of journals.
Handling client, audit and internal queries and acting as face of the process.
Coordinate with operational teams, internal groups and external counterparties to resolve discrepancies in a timely and efficient manner; also ensure full and proper reporting to the manager of any operational issues.
Maintain internal volume and review logs, ensuring all administrative and IT records are entered and updated correctly.
Trouble shoot process issues, assist and answer queries of junior and new staff.
Training and coaching new team members as the group grows.
Contributing to process development and productivity, implementing new initiatives; Identify efficiencies and area's for improvement to reduce risk and become more efficient.
Assist managers in business development, client specific reporting / analysis request and special projects.
Act as a back up for Team Lead and manage the work in his/her absence
Knowledge and skills
Industry, accounting, application and process knowledge:
Thorough understanding of complex nature of private equity offerings
Ability to identify, classify and record complex fund transactions to general ledgers.
Knowledge of Investran LIVE/ Investran, preferably as a super user to be able to use the application to its max advantage
Working knowledge of macro/automation tools will be added advantage.
Proven experience of business analysis, system upgrades, testing related to Private Equity products.
Self-starter with advanced analytical and problem solving skills.
Ability to liaise and translate between technical and non-technical departments.
Excellent interpersonal, communication and presentation skills.
Ntrs · Bangalore, India