Northern Trust India | Specialist - Integrated Portfolio Services - Middle Office

Accountabilities

• The team looks after Funds for numerous Fund Management clients.
• 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.
• Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above roles.
• Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organized and controlled.
• Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties.
• Generating efficiencies within the team and effective utilization of resources.
• Makes staffing decisions, and ensures resources are available to accomplish priorities.
• Participates in developing division strategic plan and sets goals and priorities based on the direction set for the unit; follows through to ensure that objectives are met.
• Develops unit(s) budget and manages the expenses for the division/ unit.
• Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication.
• Lead and grow a team of 100+ partners serving global clients.
• Create a culture of ownership, excellence, engagement and collaboration.
• Coach managers and staff, set clear expectations and establish development plans.
• Support career development and internal and global mobility.
• Collaborate across functions and support wider business priorities.
• Manage performance, career development and disciplinary processes.
• Provide leadership input to salary reviews and other key people decisions.
• Ensure training, succession planning and workforce standards are implemented.
• Set goals and priorities, monitor delivery and ensure timely, accurate completion.
• Address performance issues promptly and recognise strong contribution.
• Identify, assess, monitor and control operational and business risks, addressing issues early to maintain quality and efficiency.
• Ensure robust controls, business continuity planning and testing are in place and operating effectively.
• Make risk-informed decisions and delegate activities to appropriately skilled and competent staff.
• Ensure compliance with applicable laws, regulations, corporate policies, local standards and service agreements.
• Support audit, compliance and governance requirements through accurate documentation, evidence and management oversight.

Requirements

• Good analytical, numerical and reasoning skills.
• Time management and delegation skills.
• Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment.
• Proficiency in Microsoft Excel, Word and PowerPoint presentations.
• Excellent spoken and written English and the ability to write business correspondence.
• Excellent team management and motivation skills.
• Minimum 17 years of work experience in financial services industry with at least 10+ years in Middle office background.
• Extensive experience across middle-office and/or back-office functions, with a solid understanding of the full transaction lifecycle and operational dependencies.
• Strong analytical skills, capable of dissecting complex workflows and identifying opportunities for simplification, automation, and control improvement.
• Demonstrated ability to lead cross-functional projects in a global context, with sensitivity to organizational change, regional dynamics, and stakeholder needs.
• Comfortable working across business, technology, and control teams, with strong communication and relationship-building skills.
• Proven ability to translate abstract problems into structured solutions and present insights to both technical and non-technical audiences.
• Good understanding of trade economics related to various financial product transactions is an addition.
• Experience with Hedge Funds, Custody, Investment Management and/or Financial Services strongly preferred.
• Ability to communicate in the big picture but working with close attention to details and accuracy.
• Should be flexible for shifts and extended working hours.
• Strong knowledge of the financial markets, instruments and back office functions.

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