Technical coordinator job opportunity at Northern Trust.

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DateMore Than 30 Days Ago bot
Northern Trust Technical coordinator
Experience: Highly Experienced
Pattern: full-time
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degreeAssociate
loacation Bangalore, India, India
loacation Bangalore, Ind..........India

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. 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 Private Equity Fund Administration (PEFA) provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds. The job involves tracking of Private Equity funds partner’s capital account statement and reconciling it with the accounting system, reconciliation of Bank statement and capital activities recorded for the individual investor. Perform the review activities of private equity deliverables prepared by team members.   Core competencies and skills required   ·        Strong understanding of the Private Equity fund structure and the role of General partners and Limited partners. Sound knowledge on the Investran accounting platform and understand the various functions within the tool. ·        Good Accounting and financial reporting knowledge is must ·        Demonstrate through examples /evidence strong operations knowledge including secondary review & controls, risks & mitigation ·        Excellent spoken and written English, and the ability to write business correspondence. ·        Ability to independently address technical & non-technical issues, conduct knowledge share / training sessions, proactively troubleshoot and manage escalations, and work with global teams ·        Good analytical, numerical and reasoning skills. ·        Ability to handle multiple tasks under extremely time sensitive conditions. ·        Be technically competent to act as first point of reference for day-to-day queries while performing review/verification/accounting/audit processes (daily and periodic) accurately.     Major duties and key responsibilities   ·        To have a thorough understanding of the theoretical and technical nature of fund accounting and administration ·        Performing quality assurance checks on information received internally from other supporting functions ·        Carry out relatively complex, extensive, high profile transactions surrounding all PE Fund activity e.g. capital calls, distributions, investment purchases, divestments, carried interest calculations etc. ·        Working closely with home locations to resolve queries ·        To create, maintain and update procedure documents and client specifications ·        Comply with all controls and procedures outlined in the procedures manual and general company policies ·        Reviewing and signing off on quarterly reports/daily reconciliation prepared by team members ·        Working closely   with the Team Leader and Section Manager on new transitions from home locations ·        Ensure all scheduled work is completed by agreed deadlines and checklists are duly signed ·        Identify efficiencies and areas of improvement to reduce risk and put controls to make the process more efficient and robust. ·        Ensuring that technology available is being fully utilized in the most efficient manner ·        To ensure full and proper reporting to the manager of any operational issues ·        Where delays are expected, flag any service delivery issues as early as possible ·        Ongoing review of daily controls and communications of any new idea(s) or suggested procedural changes ·        To assist with training and coaching new team members as the group grows ·        Lead/participate in implementing new technology and efficiency initiatives/projects as needed.     Education and Qualifications:   ·        Qualified CA’s with article ship experience, CMA’s with 2 years of any work experience ·        4.5+ years relevant PE/FR/FA experience Eligibility for Internal partners 24 months as a Senior Analyst to move as a Technical coordinator/Associate Consultant.  Movement within TC and Associate Consultant is 12 months PHYSICAL DEMANDS AND WORK ENVIRONMENT:   Must be able to interact and communicate with co-workers in a clear, thorough and concise manner. Work environment and physical demands are those normally associated with work either at office or any other location including home, including frequent use of the computer and telephone. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential job functions unless those accommodations would impose an undue hardship or constitute a direct threat. Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com . We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater. About Our Bangalore Office The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees.  In this stunning office, space, we offer fantastic amenities which include our Arrival Hub – Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees.  Learn more.

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