Northern Trust India | Senior Consultant

Responsibilities

• As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
• 24 months as a Consultant to move as a Senior Consultant.
• Work environment and physical demands are those normally associated with work either performed at office or any other location (including home), including frequent use of the computer and telephone.
• 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
• 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.
• Coordinating with the onshore team on Migrations, working closely with Managers for on-boarding new transitions.
• Support and drive system changes and strategic initiatives - Elicit, analyse, outline and develop requirements by coordinating with business and technology teams.
• 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.
• 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
• Shares useful information with others; encourages sharing of ideas & opinions

Requirements

• Ability to gather information from various sources, interpreting data to reach logical conclusion.
• Demonstrate through examples /evidence analytical ability, problem solving, day-to-day task management and escalation of issues.
• Ability to proof read and pay attention to detail.
• Listens to others; pays attention and acknowledges understanding.
• Must be able to interact and communicate with co-workers in a clear, thorough and concise manner.
• Movement within Senior Consultant and Section Manager is applicable if they have prior 36 months of people management experience.
• Must have strong subject matter expertise along with thorough understanding of Investran application
• 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.

Northern Trust

Northern Trust Corporation is a US financial services company founded in Chicago in 1889 and still headquartered there; its shares trade on Nasdaq under the symbol NTRS. It works for institutional investors, corporations and wealthy families and individuals, and its business spans asset servicing (custody, fund administration and fund accounting for pension funds, asset managers, insurers and other institutions), wealth management, asset management through Northern Trust Asset Management, and banking. The company calls its employees "partners".

In India, Northern Trust works from Bengaluru and from Pune, where its office in Kharadi opened in 2016. These teams support the global business in asset servicing and wealth management operations: fund accounting and NAV calculation for mutual, hedge and private equity funds, transfer agency, trade settlements, reconciliations, anti-money-laundering checks and client reporting, alongside risk, finance and technology roles. Work of this kind suits B.Com, M.Com, MBA (Finance), CA, CFA and ACCA profiles.

• Industry: Financial services — asset servicing, wealth management, asset management and banking
• Headquarters: Chicago, Illinois, USA
• In India: Offices in Pune and Bengaluru